$Meta Materials Inc.(MMAT)$ Over the past 1 year what they have done to us retail investors.
1) Lured and tempted retail investors using the 1 for 1 dividend promising a minimum of 1 to 20 range for dividend rewards after selling off the remaining oil assets of Torchlight TRCH ticker.
2) Price dropped tremendously after cut off date was over for the dividend qualifying dates. The lucky ones escaped at a small loss while the loyal ones continue trusting the company.
3) Holded for a year and finally some good news. Price of MMAT went back to 2.3 from lowest 0.6, MMATLP high was about 13. Lucky ones sold and made back the losses they held for the last one year. Loyal ones still continue trusting the company but price went back low again right before the trade for MMATLP was halted due to T+2 rule for the spin off for NextBridge.
4) Those waiting for dividend ended up getting spin off 1 for 1 for NextBridge shares which are OTC stock that online retail investors are not able to trade unless they have a stock broker that does OTC. Played out again by the company and also the online brokers, who doesn't even know anything about it.
5) Good luck to everyone else who still believes in this company. Gave them many chances but time and again they always never seems to disappoint. I'm out...
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