Leopardoo
2022-11-30

$Meta Materials Inc. Class A Preferred Stock(MMTLP)$  Spoke to Tiger yesterday and it will be sending out notification pending FINAR's corporate action notification. Likewise other brokers, so the real action has not been started.

Below is the clarification I made with Tiger regarding the dates.

Modified in.2022-12-04
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Comments

  • Zerocool34
    2022-11-30
    Zerocool34
    sorry for asking this stupid question, if I don't wish to hold on to mmtpl,the last day I can sell is 12th Dec?thanks
    • Leopardoo
      Of course, you can still sell on 13 to 14 Dec. That may also be the time brokers liquidate the short sellers if they have not covered all their shorts. But if you can't sell then you will receive the NB shares.

      This is just my understanding, do your own DD and judgement!

    • Zerocool34ReplyLeopardoo
      thanks alot.
    • Leopardoo
      yes.
  • hh488
    2022-12-03
    hh488
    Good to have NB shares? But can't trade NB what the point?
    • Leopardoo
      The whole NB share plan is to receive dividends payout from Oil and Gas revenues OR selling NB to a big Oil and Gas company, and get the buying company shares or cash into your broker account.

      Nobody can tell the future, but it seems to present a safety net.

    • Leopardoo
      NB share is the stop loss, unlike other short squeeze which has nothing to fall back on. Do your own DD.
  • blingthegl
    2022-12-06
    blingthegl
    thanks for the helpful sharing!
  • halforc
    2022-11-30
    halforc

    Thanks, very good information!


  • Tom_Jerry
    2022-11-30
    Tom_Jerry
    Thanks for sharing this information.
  • Stingray8
    2022-11-30
    Stingray8
    👍🏻
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