Leopardoo
2022-12-08

$Meta Materials Inc. Class A Preferred Stock(MMTLP)$  Attached is an official notification sent out by TradeZero and also the enquiry I made with Tiger. Tiger has requested the FINRA link and I have provided this evening.

DTC needs to send out notification to brokers, so it takes some reaction time while the shorts continue to short down the price as much as they can to buy more at cheap price before they are stopped from shorting.

Good luck to all!




Modified in.2022-12-08
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Comments

  • Tom_Jerry
    2022-12-08
    Tom_Jerry
    Thanks for your update. So Trade Zone will liquidate their clients short position by using any prices set by the investors, which is lower? if someone set it at $71.10 (10x of current price), it shall get through?
    • Emilita
      Hihi, from sg here as well, may i know what is the meaning for this nbh or liquidation price? So if by end of the trading date, we have not yet sell off our shares, how much will the forced liquidation be?
    • Tom_JerryReplyLeopardoo
      Thanks. the price went down yesterday and this may be caused panic sell? Will you move to NBH if MMTLP did not reach your target price? i am from SG, not sure if we moved to NBH, how can get back our investment (dividend and re sell once NBH went on public).
    • Leopardoo
      I would think so, had posted earlier, it will take whatever price in the market to close. This is what I gathered and shared with the community on earlier post.
  • blingthegl
    2022-12-08
    blingthegl
    thanks again @Leopardoo 👍
  • OpenSesame88
    2022-12-08
    OpenSesame88
    wah nice
  • Stingray8
    2022-12-08
    Stingray8
    🙏🏻
  • skychin
    2022-12-08
    skychin
    感谢分享
  • Jo Tan
    2022-12-08
    Jo Tan
    thanks
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