Learn more atwww.metamaterial.com. Electro Optical & Infrared Systems (EO/IR). Investors of record on Monday, March 6th will be paid a dividend of 0.66 per share by the construction company on Friday, March 31st. 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). The 1 for 2 ratio represents the lowest amount Torchlight may implement under the 1-20 range that was previously approved by the stockholders. Sign up below to get this incredible offer! Some WallStreetBets commenters appear to be adding all the FTDs over the entire 11-year life of Torchlight Energy to get the higher total. META is in the process of finalizing permanent arrangements with a completely new management team for OilCo who bring significant experience in oil and gas exploration as well as specific experience in the Orogrande region. Business enquiries: newtradingsecrets@gmail.comMMAT MMTLP Metamaterials New Special Dividend Rumour. O'Melveny Advises Next Bridge Hydrocarbons in Spin-Off Transaction from Its Publicly-Tr.. Over the past month, its fallen from around $10 to less than $4 per share. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. With only the rarest exceptions,InvestorPlacedoes not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. She led operations team through several successful M&A transactions. This work includes, but is not limited to, formal transfer of the assets to OilCo Holdings, Inc. (the "OilCo"), a newly formed wholly owned subsidiary of META, ensuring that the OilCo capital structure supports a spinout and, making any necessary filings with the SEC. 5G reception enhancement is one such possible use. Meta reported $72.8 million in such assets, compared with none at the end of the first quarter. Copyright As one Seeking Alpha contributor detailed near the peak of the squeeze, the former TRCH stock struck while the iron was hot, launching a dilutive secondary offering. 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.'. Others are likely holding the bag, hoping for a recovery. MMAT stock is seeing heavy trading today after the merger closed. 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. Heres everything investors interested in MMAT stock need to know after the merger. He co-founded Valor Mineral Management and Mineral Tech. I look forward to working with the management of Meta Materials Inc. to ensure a smooth transition.'. 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. For now? This exchange ratio was planned to result in the Metamaterial Inc. shareholders owning approximately 75% of the resulting post-merger company, Meta Materials Inc, subject to financings prior to the closing of the business combination. This will include membership of our Discord where I hope to build a community of traders to help each other increase wealth. SOURCE: Torchlight Energy Resources, Inc. Total oil and gas sales last year amounted to $193,379. Rob Stone Since coming public in a June 28 reverse merger with Torchlight Energy, Meta Materials Inc. (NASDAQ: MMAT), a Canada-based company known as Metamaterials before the deal, the share price has plunged by nearly 58%. There are 3 levels to choose from. In other words, these numbers reflect aggregate fails as of a specific point in time, and may have little or no relationship to yesterdays aggregate fails. Sign up below to get this incredible offer! META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. After its reverse merger with Torchlight Energy, whats next for Meta Materials (NASDAQ:MMAT) stock? Many investors are counting on a windfall, based on short covering. Biographies of each of the team members are as follows: Clifton Dubose Jr. 12 Years Experience. Given the scope of the work required to ensure that we remain in compliance with the lease obligations and satisfy a range of regulatory requirements, the Company is targeting a spinout or disposition of the oil and gas assets for early Q1 2022 pending process approvals by all parties involved. This is my toughest video so far and am aware that not all investors will agree with the questions but I think it is important to present them. The total value of the companys oil and gas properties at the end of 2020 was $30.86 million. My toughest video so far. Email: ir@metamaterial.com. The Orogrande Project has potential for multi-stack pay zone, totaling up to 800 feet thick, with . The next steps in the spinout include, but are not limited to, (i) formal transfer of the assets through a contribution of certain subsidiaries that own the oil and gas assets to OilCo Holdings, Inc. (the OilCo), a newly formed wholly owned subsidiary of META, (ii) ensuring that the OilCo capital structure supports a spinout and, (iii) making any necessary filings with the SEC. 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. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Tel: +44 (0)1294 214402 | irish law times submissions balitang amianan reporters. Distributed by Public, unedited and unaltered, on 03 December 2021 20:21:09 UTC. Known as Glucowise, the company projects an annual market potential topping $15 billion. Distributed by Public, unedited and unaltered, on 29 June 2021 21:33:54 UTC. Its biggest area of opportunity is a diabetes management product targeting a multi-billion dollar market. All statements in this release that are not based on historical fact are 'forward looking statements.' 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. No forward-looking statement can be guaranteed. Mostly, its potential as a short-squeeze play. "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. Before investing in our common stock, you should carefully consider the risks described below, together with the risk factors contained in the section entitled "Risk Factors" of the Company's Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities Exchange . 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. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. We expect to provide additional updates upon completion of the drilling operations. Find the latest dividend history for Meta Materials Inc. Common Stock (MMAT) at Nasdaq.com. Copyright 2023 Surperformance. With many applications for its technology, the company has big opportunities across many sectors. 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. That includes a Board expansion to include seven additional members. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. This sell-off will likely carry on, at least until its past meme stock status fully goes away. Meta Materials Inc. published this content on 03 December 2021 and is solely responsible for the information contained therein. 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. Plus 3 Stocks for March.It would be very much appreciate. All rights reserved. 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. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Theres even room for more lines. This exchange ratio was planned to result in the Metamaterial Inc. shareholders owning approximately 75% of the resulting post-merger company, Meta Materials Inc, subject to financings prior to the closing of the business combination. quotes delayed at least 15 minutes, all others at least 20 minutes. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. -, Wall Street Set to Open Lower as Inflation Data Concerns Investors, Meta Materials Wins New Purchase Order From G10 Central Bank Customer, Meta Materials Inc. Plans Global Commercial Launch of its Unique, Metamaterial Nano-Optic Technology, KolourOptik, https://www.accesswire.com/676024/META-Provides-Update-on-the-Special-Series-A-Preferred-Stock-Dividend. For further details and to join please visit:https://www.patreon.com/TradingSecretsJoin our Million Dollar Challenge. Even after its sell-off, the company sports a market capitalization of around $1.1 billion. In Metas shareholder letter, Palikaras said the company had hired a consultant to help determine the best path to maximize value for the holders of the preferred shares. Copyright 2023 InvestorPlace Media, LLC. 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. 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 . This team is already consulting to OilCo and operating the Orogrande project and has been very valuable to our efforts during the drilling process. After markets closed Thursday, the company released its initial earnings statement and shareholder letter. But now, that trends come and gone once again. All rights reserved. SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Early Friday, Meta stock traded down more than 1%, at $3.32 in a 52-week range of $0.42 to $21.76. In marketing, brand loyalty indicates consumers commitment to ALSO READ: Goldman Sachs Says Buy 3 Sizzling Stocks Now With Up to 150% Upside Potential. In conjunction with the release of Q3 and nine-month 2021 financial results on October 15, 2021, META provided an update on the Company's oil and gas assets and operations. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements as a result of various factors, including those risks and uncertainties described in or implied by the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our 2020 Annual Report on Form 10-K, filed on March 18, 2021, our First Quarter 2021 report on form 10-Q filed on May 14, 2021 and our other reports filed from time to time with the Securities and Exchange Commission ('SEC'). Traders who got in at the start of the squeeze may have been able to cash out for fast profits near the top. You will get early access to the daily stock alerts and also the weekly watchlist. Those who got in near or at its split-adjusted high of $10.88 per share? Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Thomas Niel, a contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016. Completion of this work will, the Company believes, enable us to move to the next steps in the spinout process for these assets. Meta Materials (NASDAQ: MMAT) does not pay a dividend. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. We expect to provide additional updates upon completion of the drilling operations. 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 . '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. Kyle Bradford 20 Years Experience. HALIFAX, NS / ACCESSWIRE / December 3, 2021 / 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 and the planned sale or spinout . End-of-day quote Nasdaq Valor is a mineral and working interest management firm which uses a proprietary software platform owned and developed by Mineral Tech. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. MMAT MMTLP Metamaterials Special Dividend update. As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. Integrous Communications Nasdaq These statements may be identified by words such as 'estimates,' 'anticipates,' 'projects,' 'plans,' 'strategy,' 'goal,' or 'planned,' 'seeks,' 'may,' 'might', 'will,' 'expects,' 'intends,' 'believes,' 'should,' and similar expressions, or the negative versions thereof, and which also may be identified by their context. Accordingly, readers should not place undue reliance on any forward-looking statements or information. 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. For investors, the most interesting part of the report might have been the line captioned Assets Held for Sale. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. 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