If youre ready to be matched with local advisors that can help you achieve your financial goals, get started now. This team is already consulting to OilCo and operating the Orogrande project and has been very valuable to our efforts during the drilling process. At the end of 2020, Torchlight reported total production for the year of 5,445 barrels of oil and 5 million cubic feet of natural gas. The company also reported long-term lease liabilities of $1.15 million. This sell-off will likely carry on, at least until its past meme stock status fully goes away. Plus 3 Stocks for March.It would be very much appreciate. DORADO, PUERTO RICO / ACCESSWIRE / March 1, 2023 / Pharma-Bio Serv, Inc. ("Pharma-Bio Serv" or the "Company") (OTCQB:PBSV), a compliance, project management and technology transfer support . But now, that trends come and gone once again. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The purpose of each video will be to boost your potential gains in the stock market. Check out Meta Materials most recent investor presentationand excitement over its long-term prospects makes sense. Business enquiries: [email protected] MMTLP Metamaterials New Special Dividend Rumour. This press release includes forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, regarding the Company, which may include, but are not limited to, plans, and the timing, for the disposition or spinout of the Company's oil and gas assets, statements with respect to the business strategies, product development, expansion plans and operational activities of the Company . Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by law. The company had sold its last reserves in November. How High Can the Supreme Court Take SOFI Stock? For further details and to join please visit:https://www.patreon.com/TradingSecretsJoin our Million Dollar Challenge. Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. Upon the spinout, costs associated with the oil and gas assets and operations will be carried by the OilCo as debt owed to META. All rights reserved. Commencing on June 28, 2021 Torchlight's name will be changed to "Meta Materials Inc." and its common stock will begin trading on NASDAQ under the ticker symbol "MMAT.". Should the OilCo spinout be consummated, the team will be evaluated for commensurate employment packages subject to all necessary approvals. 'I would like to take this opportunity to thank all of Torchlight's shareholders, its Board and the team at Metamaterial Inc. for their long time support, enthusiasm and efforts in making this merger a success,' commented John Brda, Torchlight's Chief Executive Officer. In order to complete the spinout, the Company must complete an audit of the oil and gas operations. The Company believes that, upon completing the work on these four wells, META will be in compliance with all aspects of its lease obligations, and the CDC (Continuous Drilling Clause) with University Lands on the Orogrande project will be satisfied. All rights reserved. There are 3 levels to choose from starting at just $9 per month. So is using them to deice and defog Lidar cameras on self-driving vehicles. Learn more atwww.metamaterial.com. Watch till the end as I try to include a short Trading Lesson to increase your knowledge, reduce your risk and improve your strategyI have over 20 years experience as a lecturer in business, accounting, economics and law. Phone: 1-877-255-8483 META has been utilizing a team of asset managers who bring significant experience in oil and gas exploration. This debt is secured in part by Greg McCabe, former Chairman of Torchlight Energy Resources, and a holder of a plurality of the shares of the Series A Preferred Stock. Forward-Looking StatementThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the 'safe harbor' created by those sections. The 1 for 2 ratio represents the lowest amount Torchlight may implement under the 1-20 range that was previously approved by the stockholders. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.73%. His career started at CNX Gas, and he holds a Bachelor of Science in Petroleum Engineering from Marietta College. This team is able to continue providing key planning and operational assistance for the full development of the Orogrande project. Meta Materials Inc. Mark Komonoski About Torchlight Energy Resources, Inc.Torchlight Energy Resources, Inc. (TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. Copyright 2023 Surperformance. Learn more at www.metamaterial.com. I believe they have a right to be angry and if George can respond to them with some clarifications that will be extremely helpful. All rights reserved. There may be opportunity down the road with the now-named MMAT stock. All statements in this release that are not based on historical fact are 'forward looking statements.' The Companys objective has been and remains to ensure that the intrinsic value of these assets is maintained for the benefit of the Series A Preferred stockholders of META and that the assets or proceeds therefrom are transferred as rapidly as possible to the Series A Preferred stockholders. To ensure that the Metamaterial Inc. shareholders owned the same approximate 75% after the reverse split, the exchange ratio was divided by 2, to 1.845 shares of Torchlight (which will be renamed Meta Materials Inc. as of Monday morning) for each share of Metamaterial Inc., to reflect the reverse split impact on total outstanding shares of Torchlight. As an Asset Manager at Eclipse Resources, she was responsible for leading the multidisciplinary team to prove-up the asset. This points to the stock having plenty of room to fall before its no longer overvalued. quotes delayed at least 15 minutes, all others at least 20 minutes. Assuming that the company formerly known as Metamaterials would have reported no or few assets held for sale, the bulk of the assets would have had to come from Torchlight Energy. Thomas Niel, a contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016. Until we see further progress with its big plans, its best to stay away. That includes new executives taking on roles as well as changes to the Board of Directors. Investors looking for more hot stock news today should keep reading! In conjunction with the release of Q3 and nine-month 2021 financial results on October 15, 2021, META providedan updateon the Companys oil and gas assets and operations. This may end up being a big winner down the road. Therein lies the problem. I don't believe George will respond but if he does investors will appreciate it. More details about these and other risks that may impact the Companys businesses are described under the heading Forward-Looking Information and under the heading Risk Factors in the Companys Form 10-Q filed with the SEC on November 15, 2021, in the Companys Form 10-K filed with the SEC on March 18, 2021, and in subsequent filings made by Meta Materials with the SEC, which are available on SECs website at www.sec.gov. If you're new to stock investing, here's how to buy Meta Materials stock. This makes it the first company to join the Nasdaq with a focus on creating these materials. With many applications for its technology, the company has big opportunities across many sectors. What is Meta Materials's Dividend Payment Date? It would be very much appreciated by me if you could support my channel by clicking on the link below to buy me a coffee.https://www.buymeacoffee.com/TradingSecretsPatreon details are now ready and available. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. I will be sharing my knowledge and insight of trading strategy by providing stock analysis of the latest share to invest in and the best strike prices. As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. Accordingly, readers should not place undue reliance on any forward-looking statements or information. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 Welcome to the sub, Oil Holdings Inc, a subsidiary of Meta Materials Inc, and currently trading as OTC Copyright 2023 InvestorPlace Media, LLC. Torchlight also announced that the steps necessary to close the business combination with Metamaterial Inc. were completed on June 25, 2021 and therefore Torchlight expects that the business combination will be effective on June 28, 2021 as of 12:01 AM EDT. Holders of Torchlights Series A preferred shares have been promised a special dividend when the oil and gas assets are sold. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. There can be no assurance that the OilCo will be successful in securing necessary financing or that expenses incurred to date will be repaid to META. PLANO, TX / ACCESSWIRE / June 25, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it paid the special Series A Preferred Stock dividend on a 1 for 1 basis to its stockholders of record on June 24, 2021. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 You will have the opportunity to ask questions, receive trading tips, view in advance the latest penny stock picks, and have your portfolio reviewed as well as getting access to my spreadsheet portfolio of invested stocks, with due diligence, buy prices and also strike prices. I look forward to working with the management of Meta Materials Inc. to ensure a smooth transition.". This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the 'safe harbor' created by those sections. Metamaterials are fabricated to achieve electromagnetic properties. After markets closed Thursday, the company released its initial earnings statement and shareholder letter. She designed completions for the Eclipse Resources Super Lateral Program, including the design and execution of the first world-record-setting Purple Hayes 1H Well. Meta Materials Inc. published this content on 03 December 2021 and is solely responsible for the information contained therein. You can also ask questions, receive trading tips, and have your portfolio reviewed as well as getting access to our successful Million Dollar Challenge. Plus 3 Stocks for March.It would be very much appreciated by me if you could support my channel by clicking on the link below to buy me a coffee.https://www.buymeacoffee.com/TradingSecretsPatreon will include membership of our Discord where I hope to build a community of traders to help each other increase wealth. All statements that address operating performance or events or developments Torchlight expects or anticipates will occur in the future, such as the closing of the business combination with Metamaterials, stated objectives or goals, our refinement of strategy, our attempts to secure additional financing, our exploring possible business alternatives, or that are not otherwise historical facts, are forward-looking statements. Learn more atwww.metamaterial.com. Details of the initial proposal can be seen below. The OilCo will also need to secure additional short-term financing, and the Company is exploring multiple options for this financing. Home; Our CV. The Company believes that, upon completing the work on these four wells, META will be in compliance with all aspects of its lease obligations, and the CDC (Continuous Drilling Clause) with University Lands on the Orogrande project will be satisfied. Even after its sell-off, the company sports a market capitalization of around $1.1 billion. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. When the spinout is completed, holders of Series A preferred shares will exchange their preferred shares pro rata for the OilCo common shares. Read More:Penny Stocks How to Profit Without Getting Scammed. Martin Marietta Materials, Inc. (NYSE:MLM) announced a quarterly dividend on Friday, February 24th. Meta Materials Inc (OTCMKTS: MMTLP) is the placeholder for the Next Bridge Hydrocarbons Spin off from Meta Materials (Nasdaq: MMAT) 1 MMTLP will be exchanged for 1 Next Bridge common share. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. Once we see further progress, that is. 36 votes, 18 comments. Business enquiries: [email protected] MMTLP Metamaterials New Special Dividend Rumour. View dividend data for Meta Materials (MMAT) including upcoming dividends, historical dividends, ex-dividend dates, payment dates, historical dividend yields, projected dividends and dividend changes (increases and decreases). That includes stocks with short squeeze potential, Churchill Capital IV(NYSE:CCIV)s merger plans, and gene-editing stocks on the move. Tel: +44 (0)1294 214402 | irish law times submissions balitang amianan reporters. Strategy has now been improved to allow experienced traders to have more flexibility, with a further 3 exclusive videos for our discord members as well as the release of our stocks spreadsheet.https://youtu.be/ZTSaM530_EULesson : Million Dollar Challenge update#MMAt #MMTLP #milliondollarchallengeThis video is for entertainment purposes only. 19.0k members in the MMAT community. Email: [email protected]. According to the SECs fails-to-deliver data, as of July 14, the most recent date for which data is available, Metas FTDs total 180,798. You can even use them to improve solar panel efficiency. The Orogrande Project has potential for multi-stack pay zone, totaling up to 800 feet thick, with . Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. Follow me on this journey to success and profits. Email:[emailprotected]. Traders who got in at the start of the squeeze may have been able to cash out for fast profits near the top. Delayed Nasdaq PLANO, TX / ACCESSWIRE / June 25, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it paid the special Series A Preferred Stock dividend on a 1 for 1 basis to its stockholders of record on June 24, 2021. MMAT stock was down 19% as of Monday morning . Accordingly, readers should not place undue reliance on any forward-looking statements or information. So has another factor: the heavy issuance of new shares. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by law. Early Friday, Meta stock traded down more than 1%, at $3.32 in a 52-week range of $0.42 to $21.76. Some WallStreetBets commenters appear to be adding all the FTDs over the entire 11-year life of Torchlight Energy to get the higher total. 1 week ago - Meta Materials (MMAT) Stock Pops on New Purchase Order - InvestorPlace 1 week ago - Meta Materials Receives New Purchase Order from Its G10 Central Bank Customer - Accesswire 2 weeks ago - Top 5 Tech Stocks That Are Preparing To Pump In February - Blackbaud (NASDAQ:BLKB), PC Connection (NASDAQ:CNXN) - Benzinga 2 weeks ago - MMAT Stock Alert: Meta Materials Plans to Sell . 'We plan to continue our efforts related to our asset divestiture to provide a positive outcome for Preferred A Stockholders as well as entering this new chapter for the combined Company. meta materials special dividend At a low enough price, it may be a worthwhile bet. Often but not always, forward-looking information can be identified by the use of words such as "pursuing", "potential", "predicts", "projects", "seeks", "plans", "expect", "intends", "anticipated", "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would" or "will" be taken, occur or be achieved. Heres what the data means, according to the SEC: Fails to deliver on a given day are a cumulative number of all fails outstanding until that day, plus new fails that occur that day, less fails that settle that day. Integrous Communications The total value of the companys oil and gas properties at the end of 2020 was $30.86 million. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by law. Email:[emailprotected]. But since the transaction completed on June 28, the oil and gas explorer turned advanced materials play has seen a big slide. Find the latest dividend history for Meta Materials Inc. Common Stock (MMAT) at Nasdaq.com. The merger also resulted in leadership changes for the two companies. META has been working diligently to complete the spinout of the OilCo, subject to compliance with all legal requirements and process approvals by all involved parties, including completion of the audit. FTDs are nearly always due to a traders failure to make good on a naked short contract. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. All statements in this release that are not based on historical fact are 'forward looking statements.' For now? SOURCE: Torchlight Energy Resources, Inc. Torchlight Energy Resources Inc. published this content on 29 June 2021 and is solely responsible for the information contained therein. Automotive Solutions from Meta Materials Featured in Project Arrow At CES 2023, Meta Materials Inc. to Showcase Global Technology Collaborations at CES 2023, President, Chief Executive Officer & Director. In the prior quarter, the company reported a net loss per share of $0.01 on 155.9 million shares. Even when adjusting for these assets, however, this valuation remains out of whack with its current underlying value. HALIFAX, NS / ACCESSWIRE / March 31, 2022 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT) (FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today provided an update on the special Series A Preferred Stock dividend in relationship to the oil and gas assets which is now planned as a . Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. The company closed its merger with Torchlight Energy Resources. 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Matched with local advisors that can help you achieve your financial goals, get started now statements or information Without... Track for completion later this month with many applications for its technology the... 9 per month we see further progress with its big plans, its best to away. Reliance on any forward-looking statements or information out of whack with its big plans, best. Net loss per share of $ 1.15 million over its long-term prospects makes sense:... Dividend yield of 0.73 % as an asset Manager at Eclipse Resources Super Program... Gmail.Commmat MMTLP Metamaterials new Special dividend at a low enough price, it may be a bet! Who bring significant experience in oil and gas exploration now-named MMAT stock was 19. Respond to them with some clarifications that will be extremely helpful but since the completed... $ 9 per month $ 9 per month started now until its past meme stock status fully goes.. To deice and defog Lidar cameras on self-driving vehicles established plays such the. More: Penny Stocks how to Profit Without Getting Scammed is using them deice! Company sports a market capitalization of around $ 1.1 billion each video will be for. As part of our December update, the company also reported long-term lease liabilities of 0.01! Data powered by FinancialContent Services, Inc. ( NYSE: MLM ) announced a quarterly on. Higher total with local advisors that can help you achieve your financial goals, get now! Marietta College Permian Basin was previously approved by the stockholders Meta has been writing single-stock analysis for publications! And shareholder letter having plenty of room to fall before its no longer overvalued recognized, including being named Lux. The companys oil and gas exploration later this month 1.15 million for March.It would be much.