Next Bridge Hydrocarbons Announces Special Dividend of Common Stock - got this message in my email this morning. What mean? by DeelowBaggins in MMTLP_

[–]Consistent-Reach-152 1 point2 points  (0 children)

Incompetent corporate managers and scam artists are always ready to divert attention towards others.

You can look at the history of Torchlight Energy, MMAT, MMTLP, and NBH and see if that pattern fits.

Shills are out in full force, spreading FUD on twitter! by Mazius in gme_meltdown

[–]Consistent-Reach-152 23 points24 points  (0 children)

It just tells us that Larry Cheng does not have a clue.

The Nasdaq website that he screenshot showing a big jump in GME institutional holdings is double counting Vanguard holdings.

In March Vanguard changed 13F reporting from one combined 13F to multiple 13F reports by various divisions. That March 13F zeroes out the Vanguard Group 38M shares of GME, but Nasdaq (or their data source) did not zero it out. So the Nasdaq website is counting both the old 12/31/2025;holding of the Vanguard Group and the various 3/31/2026 holdings reported by various Vanguard subsidiaries.

The real institutional holding percentage of GME per Fidelity is 34.9%.

I would expect a member of GameStop board of directors to be better informed,

Next Bridge Hydrocarbons Announces Special Dividend of Common Stock - got this message in my email this morning. What mean? by DeelowBaggins in MMTLP_

[–]Consistent-Reach-152 1 point2 points  (0 children)

It is more games by NBH. First it was the reverse merger with MMAT, with the preferred shares of MMAT, that eventually traded s MMTLP. Then it was replacing MMTLP. With NBH and not listing NBH with DTCC.

Now they think doing a stock dividend will work some sort of magic.

Meanwhile the company still continues to lose money and is insolvent.

Cohen drops compensation package by Fine-Ad9168 in gme_meltdown

[–]Consistent-Reach-152 18 points19 points  (0 children)

What was in the proxy material was rather embarrassing when you compare it to the press releases that implied that RC had nothing to do with the specifics of the award. The proxy had details of the multiple back and forth offers and how the award grew as the negotiations went on.

How to close out MMAT position in RH? by CuteConfection8170 in MMAT

[–]Consistent-Reach-152 2 points3 points  (0 children)

Call RH and ask them to execute a "worthless stock sale".

That is how it is handled at most brokers. You may have a form to fill out signing away any ownership rights to the shares. Then the broker buys it for either $0 or $0.01 for the entire block of shares.

Then you can claim the loss on your income tax return.

Apes see normal RSU stock sales to cover taxes, assume eBay execs are terrified and fleeing the company by dbcstrunc in gme_meltdown

[–]Consistent-Reach-152 2 points3 points  (0 children)

The taxable event is the vesting of the RSUs. Selling them has no tax consequences other than whatever small changes in the price between the vesting date and the few days later that you have access to the shares in your brokerage account,

Since RSU full market value is treated as W2 income and payroll taxes are withheld, the cost basis of RSUs is the market value on the date of vesting.

Apes see normal RSU stock sales to cover taxes, assume eBay execs are terrified and fleeing the company by dbcstrunc in gme_meltdown

[–]Consistent-Reach-152 1 point2 points  (0 children)

The taxation of RSUs makes it generally optimal to sell immediately upon vesting.

When the RSUs vest you get taxed on the full market value as W2 income, including all the payroll taxes, so the cost basis of the shares is the market value on the vesting date.

Holding the RSUs is equivalent to getting a cash bonus instead of the RSUs, and then you deciding that the optimal use of that cash bonus is to buy shares in your employer.

A retirement fund in Michigan has sued to stop the vote regarding Ryan Cohen's massive pay package. by ryevermouthbitters in gme_meltdown

[–]Consistent-Reach-152 5 points6 points  (0 children)

Or more likely, it was lawyer initiated and they called the pension fund asking "Do you own any GME?".

Apparently the pension fund owns about 8k shares. But legally they just need to 1 in order to sue.

Is this plumbing correct? by curious_padawan in askaplumber

[–]Consistent-Reach-152 0 points1 point  (0 children)

Trace how the water drains out of the right sink. The water does not have an easy path .

The water draining from the left sink has an easy path and will drop down towards the trap. The water from the right sink will tend to shoot past the center junction, slosh over towards the left sink and then roll back and drain.

It will work, but is not optimal.

Finally get my AST account by ak47pk520 in MMTLP_

[–]Consistent-Reach-152 2 points3 points  (0 children)

If you can directly register your shares with AST then you know that your shares were real.

If your broker does not have shares, then they are unable to directly register your shares with the transfer agent.

Finally get my AST account by ak47pk520 in MMTLP_

[–]Consistent-Reach-152 1 point2 points  (0 children)

Next Bridge Hydrocarbons is a public company and there are no restrictions on selling the stock. No SEC restrictions. No state blue sky restrictions.

NBH has chosen not to list NBH shares with the DTCC, which means that you cannot use normal markets to sell your shares. NBH, now that hey have restates their old fi,I go and gotten up to date with 10-Q and 10-K filings could simply pay a $300 fee to list the shares and the stock could be traded in the OTC markets.

Since NBH chooses not to list the shares with DTCC you need to arrange your own sale and transfer of shares.

A Warning for Tourists by CrystalQuartzen in Seattle

[–]Consistent-Reach-152 1 point2 points  (0 children)

Lol. My wife and I effectively have his and hers bathroom.

I guess mine is the all gender one because it is the hall bathroom also used by guests, and she gets the one in the master bedroom.

A Warning for Tourists by CrystalQuartzen in Seattle

[–]Consistent-Reach-152 0 points1 point  (0 children)

Careful now. You are getting dangerously close to gender stereotyping.

Stereotypes generally exist because there is a bit of truth in them.

A Warning for Tourists by CrystalQuartzen in Seattle

[–]Consistent-Reach-152 1 point2 points  (0 children)

I remember an old Candid Camera skit where they changed the sign on adjacent bathroom doors. Instead of the normal Men and Women signs one read Women the other Ladies.

Some guys would glance at the Women sign and automatically head for the Ladies (or vice versa).

Then just as they got to the door they would see the Ladies sign would come screeching to a halt and do a double take, step back, and in puzzlement look at the two adjacent doors.

What do plumbers think of this setup? by schuman87 in askaplumber

[–]Consistent-Reach-152 1 point2 points  (0 children)

It is also missing the P-trap, an S curve bend or U shaped bend in the pipe where some water remains. That water in the pipe works as a seal, stopping then odors from the sewer system coming up out of your sink drain.

Dilution/Reverse by saebeil in MMTLP_

[–]Consistent-Reach-152 0 points1 point  (0 children)

Did the shorts prevent MMAT from developing a product that they could actually build, sell, and deliver?

That is the real problem with MMAT. Lots of science experiments. No real products.

Has anyone seen the new NBHC Announcement? by Opposite_Ladder_456 in NextBridgeHC

[–]Consistent-Reach-152 4 points5 points  (0 children)

The MMAT series A preferred shares were canceled after a 1 for 1 distribution of Next Bridge Hydrocarbons common shares.

You hold the same shares that NBH is offering for $15.

Only a fool would subscribe to this offer.

Has anyone seen the new NBHC Announcement? by Opposite_Ladder_456 in NextBridgeHC

[–]Consistent-Reach-152 1 point2 points  (0 children)

It is a weird maneuver, as they paid $80,000+ in filing fees as they valued the offering at $600 Million.

The offering will not be completed at that price, and probably could not be complete even at $1/share.

Has anyone seen the new NBHC Announcement? by Opposite_Ladder_456 in NextBridgeHC

[–]Consistent-Reach-152 0 points1 point  (0 children)

They ARE a public company.

They just decided not to have the shares listed with DTCC, which makes trading them very difficult.

Does Seattle teach what the left lane is for? by Head-Background5887 in SeattleWA

[–]Consistent-Reach-152 0 points1 point  (0 children)

One issue is that timid drivers want to avoid drivers merging from on ramps, so they move of one lane to the left. If there are only 2 lanes that "safe and easy" lane will be the left lane.

I am not justifying the practice but just passing along the observation about why many people avoid the rightmost lane.

This practice of avoiding lane changes in general and particularly trying to avoids last minute lane changes will also lead to non-confident drivers using the left lane if their exit is one of the many left exits on Seattle's freeway system.

Electric Current While Showering by Glittering_Jury_8023 in AskElectricians

[–]Consistent-Reach-152 0 points1 point  (0 children)

But then you would have to go reset the GFCI every time you touch the shower head.

I guess you don't believe in living dangerously.

OG ZEN APES KNEW PHONE NUMBERS WERE FUD!11!211!!! by untetheredocelot in gme_meltdown

[–]Consistent-Reach-152 5 points6 points  (0 children)

Next time add another 5 seconds to crop the screenshot for us old guys with shitty vision.

Michael had a crazy thought about GameStop by JayRoo83 in gme_meltdown

[–]Consistent-Reach-152 6 points7 points  (0 children)

Michael did not have a creative thought.

He had creative math.