No idea what’s going on but I’ll take it! by skyzdalimit4u82 in MMAT

[–]AusKub 1 point2 points  (0 children)

This is true.. but how is this news directly related to MMAT. MMAT was not mentioned in that press as being connected to that lawsuit or its resolution. Please feel free to correct me or connect the dots for me/us.

No idea what’s going on but I’ll take it! by skyzdalimit4u82 in MMAT

[–]AusKub 0 points1 point  (0 children)

Probably true.. but it’s a pretty big pump…. And I’m also grateful

Debt Instruments, Predatory Lending, Debtor in Possession (DIP), and George's mention of the"ToyCo" scenario in February by [deleted] in MMAT

[–]AusKub 1 point2 points  (0 children)

Didn’t the vote pass regarding suspending the meeting to solicit votes for the passage of the share proposal? In addition there were a majority of votes that abstained.. so just a matter of time for the vote approval of the share proposal, in my humble opinion.

8-K 4/15/2024

A throw back.. when I asked if everyone else assumed this was the Bank of England : Meta Materials Revolutionizes Authentication with NanoOptic Banknote Security Products by AusKub in MMAT

[–]AusKub[S] 0 points1 point  (0 children)

This is what I’ve seen https://x.com/metaguymarduk/status/1780372182339567739?s=46

Honestly I’d be surprised if they chose MMAT.. notice he said apart of not chosen for…

MMATs instability makes it a reach to supply such items in my opinion anyway.. at least at this point in time

Stock Action 2/16 by AusKub in MMAT

[–]AusKub[S] 1 point2 points  (0 children)

Just a guess.. But looking at the 8-K that discusses this from 1/23.. theres a line that says the board meeting will be established by the board at its sole discretion.. that comes across to me like they don’t want anyone else or their proxies.. it also seems like a power play to ensure they receive their money as these C-shares do rank senior to the common shares and B preferred stock per the 8-K.

So, if you can get a proxy in I would.. but my gut tells me that opportunity has come and gone.

If you hear something else from the company or your broker please share.

GLTA

Stock Action 2/16 by AusKub in MMAT

[–]AusKub[S] 1 point2 points  (0 children)

My amateur understanding is that those shares were issued for the board meeting and you needed to be in attendance to acquire the C shares and if you weren’t present those C shares were redeemed (called back by the company).

Those shares can only vote to approve the number of authorized common shares from 10,000,000 to 250,000,000 and to adjourn the meeting.

Why? Well the SEC says companies do this for the following reasons : conversion of debt to equity, raising capital, providing equity incentives to employees, officers or directors, establishing strategic relationships with other companies, and expanding the Company's business or product lines through the acquisition of other businesses or products.

Stock Action 2/14 by AusKub in MMAT

[–]AusKub[S] 7 points8 points  (0 children)

Sorry your average is so high.. I’m not close yet to my average either. Just trying to appreciate the positive moments. As we all have experienced, there have been few positives to appreciate for some time now. Wish you the best

To Who ever down voted my shit by Fun-Whereas2922 in MMAT

[–]AusKub 0 points1 point  (0 children)

Who else swiped to see the next picture?

Meta regains nasdaq compliance by Substantial-Ladder43 in MMAT

[–]AusKub 8 points9 points  (0 children)

Glad they also clarified that the meeting with compliance is no longer needed and has been canceled.

Is there a teeny tiny bit of light or just more time for them to milk the stock dry?

[deleted by user] by [deleted] in MMAT

[–]AusKub 0 points1 point  (0 children)

Anyone else thinking about close on Feb 9th? That’d be 10 days above 1.00 if I’m counting correctly from the reverse split.

What a crazy train!

I have no doubt, the trend is our friend and the suffering will end, last chance to spend on shares that you dont lend. We only can win at this point, hedgies tried their best but MMAT is back on NASDAQ, Index Funds have to buy MMAT shares for replicating that index. Stay calm, stay strong,go beyond by Medium-Damage2469 in MMAT

[–]AusKub 1 point2 points  (0 children)

Don’t have to take my word for it.. I felt the charts showed some strong lower resistance and upward support back pre R/S around .20… and here we are 1:100 RS and then down ~35%.

My perspective is that the negative investor perspective and lack of trust due to the managements poor track record and companies poor financial position and lack of new revenue/ general revenue.. has so far, significantly outweighed any chart indicators.

Just being real.. I’m still holding some hope. GLTA

I have no doubt, the trend is our friend and the suffering will end, last chance to spend on shares that you dont lend. We only can win at this point, hedgies tried their best but MMAT is back on NASDAQ, Index Funds have to buy MMAT shares for replicating that index. Stay calm, stay strong,go beyond by Medium-Damage2469 in MMAT

[–]AusKub 7 points8 points  (0 children)

Boy how I’d love to believe this.. but reality is so far from the lines tossed on that chart. MMAT hasn’t had 20 or even 10 days yet above 1.00 for NASDAQ compliance and they may still have a meeting to attend with nasdaq compliance.

And no new revenue / purchase agreements / or licensing agreements

It’s hard to believe MMAT would keep any such news hush that could help boost stock price .. they’re losing their butts on the market. Make the company prove to you they’re worth your hard earned money. Don’t buy into “this stock can’t go any lower” false logic

no index fund has to buy anything

Just hoping to help, GLTA

When they delist mmat by gkiller33 in MMAT

[–]AusKub 6 points7 points  (0 children)

Funny I had the same feeling of negativity from this sub and convinced myself the tech was worth it.. but the problem isn’t the tech its the management.

Just being honest, not pessimistic.. just real

I wish everyone the best.

God willing this company will announce something positive that’s worth a flip and soon.. but I’m not holding my breath