meta materials special dividend
Learn more atwww.metamaterial.com. So is using them to deice and defog Lidar cameras on self-driving vehicles. Investors should refer to additional Risk Factors related to the oil and gas assets in the Companys Form 10-K filed with the SEC on March 1, 2022, with an SEC filing date of March 2. Mr. Rader is an engineer and manager in completion and production operations and has experience in Texas, Oklahoma, and the Appalachia. A recovery isnt likely to happen any time soon. Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. The purpose of each video will be to boost your potential gains in the stock market. 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. Meta Materials Inc. Mark Komonoski RISK FACTORS . More likely than not, a continued move to lower prices. Rob Stone The company had sold its last reserves in November. 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. He has a proven track record of implementing technological advancements to reduce costs and increasing operational efficiencies. She led operations team through several successful M&A transactions. Theres plenty here that could excite investors once again. The purpose of each video will be to boost your potential gains in the stock market. As a result, Meta Materials started trading on the, These are composite structures, consisting of conventional materials such as metals and plastics, that are engineered by META scientists to exhibit new or enhanced properties.. The ex-dividend date of this dividend is Monday, March 6th. Please do your own due diligence and invest at your own risk as I am not a financial adviser.Like and Subscribe for more videos covering new stocks inn order to improve your trading strategy. As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. Read More:Penny Stocks How to Profit Without Getting Scammed. 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. It all happens at the free AI Super Summit. No, MMAT has not paid a dividend within the past 12 months. 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. 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.". All rights reserved. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto, or any change in events, conditions, or circumstances on which any such statement is based. This makes it the first company to join the Nasdaq with a focus on creating these materials. 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. Therein lies the problem. Before you run out and buy this stock, keep in mind its many years away from coming even close to this level of success. 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. Sure, as InvestorPlace's Alex Sirois recently detailed, it has $160 million . The Company's 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. As you likely know, last month saw a mad dash into heavily shorted stocks, as retail traders tried to get in early on the next AMC Entertainment (NYSE:AMC) or GameStop (NYSE:GME). Lorem ipsum dolor sit amet, consectetur adipiscing elit. 5G reception enhancement is one such possible use. 36 votes, 18 comments. The merger also resulted in leadership changes for the two companies. As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Find the latest dividend history for Meta Materials Inc. Common Stock (MMAT) at Nasdaq.com. This team is already consulting to OilCo and operating the Orogrande project and has been very valuable to our efforts during the drilling process. 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.'. As of this writing, more than 12 million shares of the stock have changed hands. quotes delayed at least 15 minutes, all others at least 20 minutes. Details of the initial proposal can be seen below. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. All statements in this release that are not based on historical fact are 'forward looking statements.' As many as 148 million FTD shares of Meta are said to be outstanding. 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. Meta Materials : ARfusion - Solving the Challenges of Fashionable, Functional AR .. Meta Materials : Joins Stanford University SystemX Alliance Affiliates Program, Meta Materials : to Present at Access to Giving Virtual Investor Conference on July 15th, Meta Materials : to Hold Corporate Update Webcast at 1 PM EDT Today. Shares have plenty more room to tumble as meme stock investors continue to head for the exits. Delayed Nasdaq This team is able to continue providing key planning and operational assistance for the full development of the Orogrande project. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Finding a qualified financial advisor doesnt have to be hard. ContactDerek GradwellPhone: 512-270-6990[emailprotected][emailprotected]. All rights reserved. Meta Materials(NASDAQ:MMAT) stock is on the move this morning after the company completed its merger with Torchlight Energy Resources. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. MMAT MMTLP Metamaterials Special Dividend update. Traders who got in at the start of the squeeze may have been able to cash out for fast profits near the top. The total value of the companys oil and gas properties at the end of 2020 was $30.86 million. Stockholders of record on Tuesday, March 7th will be paid a dividend of 0.40 per share on Friday, March 24th. Distributed by Public, unedited and unaltered, on 03 December 2021 20:21:09 UTC. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 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. 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. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. You will get early access to the daily stock alerts and also the weekly watchlist. O'Melveny Advises Next Bridge Hydrocarbons in Spin-Off Transaction from Its Publicly-Tr.. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. His career started at CNX Gas, and he holds a Bachelor of Science in Petroleum Engineering from Marietta College. Distributed by Public, unedited and unaltered, on 29 June 2021 21:33:54 UTC. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. What was it that made this one of the hottest names among traders active online? 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. How High Can the Supreme Court Take SOFI Stock? 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. Press J to jump to the feed. In this video I will address 5 BIG Questions for George as the vast majority of investors are angry and wou. But now, that trends come and gone once again. 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. 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. Hold off, as its sell-off is likely far from over. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. Copyright 2023 Surperformance. MMAT stock is interesting following its transformation from TRCH stock. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. The net loss per share in the June quarter was $0.03, based on 197.9 million weighted average shares. All rights reserved. Based on its pro forma financials, revenues on an annualized basis come out to around $2.4 million. Article printed from InvestorPlace Media, https://investorplace.com/2021/07/after-torchlight-merger-wait-and-see-mmat-stock/. Total oil and gas sales last year amounted to $193,379. Some WallStreetBets commenters appear to be adding all the FTDs over the entire 11-year life of Torchlight Energy to get the higher total. 495 members in the Oilco_Holdings community. This will include membership of our Discord where I hope to build a community of traders to help each other increase wealth.
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