Hold off, as its sell-off is likely far from over. About Meta Materials Inc. (NASDAQ: MMAT) META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. But today, its still trading at inflated prices and has plenty more room to fall. Others are likely holding the bag, hoping for a recovery. MMAT MMTLP George Palikaras CEO of MetaMaterials Inc. speaks on 5G, on Microwave Journal Q&A Panel. 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.'. The OilCo will also need to secure additional short-term financing, and the Company is exploring multiple options for this financing. You can take a look at all of these stories at the links below! You will get early access to the daily stock alerts and also the weekly watchlist. Rob Stone Welcome to the sub, Oil Holdings Inc, a subsidiary of Meta Materials Inc, and currently trading as OTC Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. Finding a qualified financial advisor doesnt have to be hard. 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. My toughest video so far. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including, but not limited to, the ability of the Company's management to focus on the disposition or spinout of the oil and gas assets, the capabilities of our facilities and the expansion thereof, research and development projects of the Company, the market potential of the products of the Company , the market position of the Company, the scalability of the Company's production ability, capacity for new customer engagements, material selection programs timeframes, the ability to reduce production costs, enhance metamaterials manufacturing capabilities and extend market reach into new applications and industries, the ability to accelerate commercialization plans, the possibility of new customer contracts, the continued engagement of our employees, the technology industry, market strategic and operational activities, and management's ability to manage and to operate the business not related to the oil and gas assets. Meta Materials(NASDAQ:MMAT) stock is on the move this morning after the company completed its merger with Torchlight Energy Resources. Nasdaq Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. 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 of these assets for the benefit of the Series A preferred stockholders. 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. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. 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. Early Friday, Meta stock traded down more than 1%, at $3.32 in a 52-week range of $0.42 to $21.76. 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. End-of-day quote Nasdaq Martin Marietta Materials, Inc. (NYSE:MLM) announced a quarterly dividend on Friday, February 24th. 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 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. Copyright 2023 Surperformance. This may end up being a big winner down the road. He led the drilling and operational teams through the development of the super-lateral program highlighted by the drilling and completion of the world record setting Purple Hayes 1H Well. Rob StoneVice President, Corporate Development and CommunicationsMeta Materials Inc. Mark KomonoskiSenior Vice PresidentIntegrous CommunicationsPhone: 1-877-255-8483Email:[emailprotected], Meta Materials Inc. O'Melveny Advises Next Bridge Hydrocarbons in Spin-Off Transaction from Its Publicly-Tr.. You can use them for many applications. 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%. All statements in this release that are not based on historical fact are 'forward looking statements.' At the time, nearly a quarter of its free float was sold short. MMAT MMTLP Metamaterials Special Dividend update. THE ARRANGEMENT AGREEMENT WITH METAMATERIAL, INC. 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. The 1 for 2 ratio represents the lowest amount Torchlight may implement under the 1-20 range that was previously approved by the stockholders. The purpose of each video will be to boost your potential gains in the stock market. On Penny Stocks and Low-Volume Stocks:With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. The company also reported long-term lease liabilities of $1.15 million. Details of the initial proposal can be seen below. MMAT MMTLP Metamaterials Special Dividend update. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Kyle Bradford 20 Years Experience. 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. Should the OilCo spinout be consummated, the team will be evaluated for commensurate employment packages subject to all necessary approvals. 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. The reverse split, which will become effective after market closing on June 25, 2021, was approved by the stockholders of Torchlight at its Special Shareholder meeting held on June 11, 2021. FTDs are nearly always due to a traders failure to make good on a naked short contract. As an Asset Manager at Eclipse Resources, she was responsible for leading the multidisciplinary team to prove-up the asset. Before you run out and buy this stock, keep in mind its many years away from coming even close to this level of success. 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. Mativ Holdings, Inc. (NYSE:MATV) declared a quarterly dividend on Friday, February 24th. Daren Rader 16 Years Experience. Welcome to the original "Meta-Verse", r/MMAT, a place where Meta Materials Inc If youre ready to be matched with local advisors that can help you achieve your financial goals, get started now. All rights reserved. The total value of the companys oil and gas properties at the end of 2020 was $30.86 million. We indicated that four wells must be drilled in the Orogrande project in 2021 to enable the Company to hold the lease for sale or spinout. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. On the date of publication, William Whitedid not have (either directly or indirectly) any positions in the securities mentioned in this article. 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. Investors looking for more hot stock news today should keep reading! Plus 3 Stocks for March.It would be very much appreciate. 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. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. 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. MMAT Stock: 14 Things to Know About Red-Hot Meta Materials, 5 Hypergrowth Stocks With 10X Potential in 2023, paying of a special dividend to its shareholders, a major shift compared to Torchlight Energy Resources main business, Short Squeeze Stocks: CLOV, AEI and 3 Other Stocks Experts Think Are Ready to Pop, Dear CCIV Stock Fans, Mark Your Calendars for July 22, Gene Editing Stocks: The Big News Lifting EDIT, BNGO, CRSP and NTLA Stocks, The Countdown to Destruction Has Already Begun for Exela Technologies Stock, Louis Navellier and the InvestorPlace Research Staff, AMC Stock: The Convergence Trade With a Massive Wrinkle, Cathie Wood Is Betting Big on These 5 AI Stocks, Housing Market Crash Alert: Mark Your Calendars for Feb. 28. Phone: 1-877-255-8483 Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Integrous Communications Even after its sell-off, the company sports a market capitalization of around $1.1 billion. 2023 Meta Materials Inc. All rights reserved. Lorem ipsum dolor sit amet, consectetur adipiscing elit. The ex-dividend date of this dividend is Friday, March 3rd. 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. The company dealt with oil and gas exploration and production. julia morris photography; elizabeth arden ceramide lift and firm day cream ingredients; 6096 east main street reynoldsburg ohio 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'). About 3.8 million of an average daily trading volume of about 23.7 million shares had already traded. Sure, as InvestorPlace's Alex Sirois recently detailed, it has $160 million . Electro Optical & Infrared Systems (EO/IR). Sponsored: Find a Qualified Financial Advisor. Therein lies the problem. 5 BIG Questions for George. 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. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. In this video I will address 5 BIG Questions for George as the vast majority of investors are angry and would like some of their concerns addressed. 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. RISK FACTORS . But now, that trends come and gone once again. By utilizing innovative technologies in design, the first exploratory well produced 35% higher than type curve. It looks like you aren't allowed to do that. Exhibit 99.2 . That includes stocks with short squeeze potential, Churchill Capital IV(NYSE:CCIV)s merger plans, and gene-editing stocks on the move. 2023 InvestorPlace Media, LLC. Distributed by Public, unedited and unaltered, on 29 June 2021 21:33:54 UTC. Follow me on this journey to success and profits. But a key end use may be in the health care space, and diabetes management (glucose monitors) in particular. 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. @ TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never out. Recommendations and full `` roadmap '' for navigating the coming AI revolution in the stock market looking! Should keep reading 'forward looking statements. Communications Even after its sell-off is likely far from over have be... Purpose of each video will be evaluated for commensurate employment packages subject to the Guidelines! & # x27 ; s Alex Sirois recently detailed, it has $ 160 million at time. Are likely holding the bag, hoping for a recovery of about 23.7 million had. 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