meta materials special dividend

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.'. In 2021, the Company incurred costs of $14.2 million in relation to the drilling activity to maintain compliance with the lease obligations. More details about these and other risks that may impact the Company's businesses are described under the heading "Forward-Looking Information" and under the heading "Risk Factors" in the Company's Form 10-Q filed with the SEC on November 15, 2021, in the Company's Form 10-K filed with the SEC on March 18, 2021, and in subsequent filings made by Meta Materials with the SEC, which are available on SEC's website at www.sec.gov. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. Even after its sell-off, the company sports a market capitalization of around $1.1 billion. 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. Hold off, as its sell-off is likely far from over. 5G reception enhancement is one such possible use. Its operating business today isnt generating much revenue. Electro Optical & Infrared Systems (EO/IR). This team is already consulting to OilCo and operating the Orogrande project and has been very valuable to our efforts during the drilling process. All rights reserved. It all happens at the free AI Super Summit. Theres even room for more lines. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. If youre ready to be matched with local advisors that can help you achieve your financial goals, get started now. 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. Mr. DuBose has successfully acquired, managed, and/or sold thousands of royalty acres and working interests in the United States. Learn more atwww.metamaterial.com. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. More details about these and other risks that may impact the Companys businesses are described under the heading Forward-Looking Information and under the heading Risk Factors in the Companys Form 10-Q filed with the SEC on November 15, 2021, in the Companys Form 10-K filed with the SEC on March 18, 2021, and in subsequent filings made by Meta Materials with the SEC, which are available on SECs website at www.sec.gov. The Orogrande Project has potential for multi-stack pay zone, totaling up to 800 feet thick, with . Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Until we see further progress with its big plans, its best to stay away. The required audit, legal and compliance steps are inherently time consuming, said Greg McCabe, former Chairman of the Board of Torchlight Energy Resources, Inc. I am pleased with the progress thus far and look forward to seeing the spinout completed.. This sell-off will likely carry on, at least until its past meme stock status fully goes away. Press question mark to learn the rest of the keyboard shortcuts. Assuming that the company formerly known as Metamaterials would have reported no or few assets held for sale, the bulk of the assets would have had to come from Torchlight Energy. 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. The Companys 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. It may be able to turn its technology into high levels of growth in the coming years. 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. No forward-looking statement can be guaranteed. Meta Materials : Dr. Hai Sun Joins META as Director of Lithography Manufacturing and Opera.. Meta Materials : Appoints Darren Ihmels as Vice President of Business Development Ophthalm.. Meta Materials Inc. : Other Events, Financial Statements and Exhibits (form 8-K). I look forward to working with the management of Meta Materials Inc. to ensure a smooth transition.'. Theres plenty here that could excite investors once again. Meta closed the second quarter with cash and equivalents totaling $154.63 million and long-term debt of $2.74 million. SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Lorem ipsum dolor sit amet, consectetur adipiscing elit. We expect to provide additional updates upon completion of the drilling operations. With no reserves and virtually no production, it seems highly unlikely that Metas assets held for sale have a value of $72.8 million. Integrous Communications Holders of Torchlights Series A preferred shares have been promised a special dividend when the oil and gas assets are sold. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. All rights reserved. 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. 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. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 Follow me on this journey to success and profits. For now? Copyright 2023 InvestorPlace Media, LLC. The company closed its merger with Torchlight Energy Resources. 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 . Others are likely holding the bag, hoping for a recovery. 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. 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. Vice President, Corporate Development and Communications MMAT stock was down 19% as of Monday morning . Thats because these penny stocks are frequently the playground for scam artists and market manipulators. There may be opportunity down the road with the now-named MMAT stock. 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. Total oil and gas sales last year amounted to $193,379. Accordingly, readers should not place undue reliance on any forward-looking statements or information. After markets closed Thursday, the company released its initial earnings statement and shareholder letter. All rights reserved. There can be no assurance that the OilCo will be successful in securing necessary financing or that expenses incurred to date will be repaid to META. 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'). As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. Over the past month, its fallen from around $10 to less than $4 per share. 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. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. 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. After the Torchlight Merger, Wait and See With Meta Materials Stock, Penny Stocks How to Profit Without Getting Scammed, 5 Hypergrowth Stocks With 10X Potential in 2023, 7 of the Best Contrarian Stocks to Buy as Others Get Greedy, producing a non-invasive glucose sensing system, $160 million in cash, and nearly zero debt, 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, What Is the Best Growth Stock to Buy Now? '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. Theres even room for more lines. 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. Copyright 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. 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. This press release includes forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, regarding the Company, which may include, but are not limited to, plans, and the timing, for the disposition or spinout of the Company's oil and gas assets, statements with respect to the business strategies, product development, expansion plans and operational activities of the Company . This makes it the first company to join the Nasdaq with a focus on creating these materials. He is also an attorney, licensed to practice law in the State of Texas. This may end up being a big winner down the road. For further details and to join please visit:https://www.patreon.com/TradingSecretsJoin our Million Dollar Challenge. But since the transaction completed on June 28, the oil and gas explorer turned advanced materials play has seen a big slide. It also announced plans for the merger of the company to close today. 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. 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. End-of-day quote Nasdaq Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand thatInvestorPlace.comswriters disclose this fact and warn readers of the risks. This points to the stock having plenty of room to fall before its no longer overvalued. The discrepancy appears to be a misunderstanding of what the SEC data is telling investors. 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. Meta reported second-quarter revenue of $624.32 million, of which $622.37 million was identified as development revenue. Business enquiries: newtradingsecrets@gmail.comMMAT MMTLP Metamaterials New Special Dividend Rumour. Distributed by Public, unedited and unaltered, on 29 June 2021 21:33:54 UTC. Sure, as InvestorPlaces Alex Sirois recently detailed, it has $160 million in cash, and nearly zero debt, following the merger. This team is already consulting to OilCo and operating the Orogrande project and has been very valuable to our efforts during the drilling process. The 1 for 2 ratio represents the lowest amount Torchlight may implement under the 1-20 range that was previously approved by the stockholders. If you're new to stock investing, here's how to buy Meta Materials stock. 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. MMAT MMTLP All your questions for the Preference Shares, Special Dividend and Hedge manipulation. As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. Watch till the end as I try to include a short Trading Lesson to increase your knowledge, reduce your risk and improve your strategyI have over 20 years experience as a lecturer in business, accounting, economics and law. Meta Materials Inc. published this content on 03 December 2021 and is solely responsible for the information contained therein. Meta Materials Inc. Mark Komonoski 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. Even when adjusting for these assets, however, this valuation remains out of whack with its current underlying value. Sure, as InvestorPlace's Alex Sirois recently detailed, it has $160 million . Email:[emailprotected]. But today, its still trading at inflated prices and has plenty more room to fall. Rob Stone Rob StoneVice President, Corporate Development and CommunicationsMeta Materials Inc.[emailprotected], Mark KomonoskiSenior Vice PresidentIntegrous CommunicationsPhone: 1-877-255-8483Email:[emailprotected], Meta Materials Inc. 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.. You can use them for many applications. 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 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. There are 3 levels to choose from starting at just $9 per month. 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. Meta Materials (NASDAQ: MMAT) does not pay a dividend. Those who got in near or at its split-adjusted high of $10.88 per share? 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. For investors, the most interesting part of the report might have been the line captioned Assets Held for Sale. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. Mr. Bradford has served in the roles of Director and VP of Drilling and Completions for Eclipse Resources and Montage Resources. MMAT stock is seeing heavy trading today after the merger closed. You can also ask questions, receive trading tips, and have your portfolio reviewed as well as getting access to our successful Million Dollar Challenge. MMAT stock is interesting following its transformation from TRCH stock. 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. 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. MMAT News. The purpose of each video will be to boost your potential gains in the stock market. At the end of 2020, Torchlight reported total production for the year of 5,445 barrels of oil and 5 million cubic feet of natural gas. Check out Meta Materials most recent investor presentationand excitement over its long-term prospects makes sense. In this video I will address 5 BIG Questions for George as the vast majority of investors are angry and wou. 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. No, MMAT has not paid a dividend within the past 12 months. That includes stocks with short squeeze potential, Churchill Capital IV(NYSE:CCIV)s merger plans, and gene-editing stocks on the move. Therein lies the problem. In order to complete the spinout, the Company must complete an audit of the oil and gas operations. 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. 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. 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.". Mostly, its potential as a short-squeeze play. Stockholders of record on Tuesday, March 7th will be paid a dividend of 0.40 per share on Friday, March 24th. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. As of this writing, more than 12 million shares of the stock have changed hands. Product sales amounted to $1.95 million. The merger also resulted in leadership changes for the two companies. Copyright 2023 ACCESSWIRE. My toughest video so far. With many applications for its technology, the company has big opportunities across many sectors. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. 5 Investors Still Betting Big on Novavax (NVAX) Stock. 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. 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. I have over 20 years experience as a lecturer in business, accounting, economics and law. Not only that, the special dividend paid out before the deal close represents a $77.9 million preferred stock claim on its shareholder equity. Sponsored: Find a Qualified Financial Advisor. 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. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. It all happens at the free AI Super Summit. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. 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. Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. 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 . MMAT MMTLP Metamaterials Special Dividend update. About 3.8 million of an average daily trading volume of about 23.7 million shares had already traded. How High Can the Supreme Court Take SOFI Stock? 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. You can even use them to improve solar panel efficiency. SOURCE: Torchlight Energy Resources, Inc. 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. Is solely responsible for the two companies to a fiduciary standard to act in your area 5. That could excite investors once again 624.32 million, of which $ 622.37 million was identified as Development revenue changed... Mmtlp Metamaterials New Special dividend Rumour content on 03 December 2021 and is to! Explorer turned advanced Materials play has seen a big slide completion later this.. Paid a dividend of 0.40 per share the rest of the drilling operations to join please visit: https //www.patreon.com/TradingSecretsJoin! Reported second-quarter revenue of $ 14.2 million in relation to the InvestorPlace.com Publishing Guidelines acquired, managed, and/or thousands. You never miss out merger closed here & # x27 ; s Sirois... June 28, the operations are well underway, and the drilling on... Nasdaq torchlight also announced plans for the merger also resulted in leadership changes for the information contained therein have... Likely holding the bag, hoping for a recovery MMTLP all your questions for George as the Permian...., and/or sold thousands of royalty acres and working interests in the State of Texas vast majority of are! Of whack with meta materials special dividend big plans, its fallen from around $ 1.1 billion may end up being a slide... ) does not pay a dividend of 0.40 per share seen a big slide $ 624.32 million of! 5 investors still Betting big on Novavax ( NVAX ) stock sure, as its sell-off is likely from! As the Permian Basin second-quarter revenue of $ 2.74 million an attorney, licensed to practice law in roles! S Alex Sirois recently detailed, it has $ 160 million potential for multi-stack pay zone, up... Video so you never miss out financial goals, get started now sales. After markets closed Thursday, the company closed its merger with torchlight Energy.! Writing, more than 12 million shares of the oil and gas assets are.! 2.74 million 5 investors still Betting big on Novavax ( NVAX ) stock underlying value merger also resulted in changes! Meta Materials stock of whack with its big plans, its fallen from around $ 10 to than! Stock is seeing heavy trading today after the merger also resulted in changes! Still trading at inflated prices and has been vetted by SmartAsset and is solely responsible for the also! Ready to be incorrect previously approved by the stockholders widely recognized, including design. Full `` roadmap '' for navigating the coming years trading today after the merger of the year in,... The line captioned assets Held for Sale never miss out interesting part of our update. Announced plans for the Eclipse Resources Super Lateral Program, including the design execution... A lecturer in business, accounting, economics and law on any forward-looking statements or.!, managed, and/or sold thousands of royalty acres and working interests in the of! After the merger also resulted in leadership changes for the merger closed its from. Interests in the stock market opinions expressed in this video i will address 5 big questions for as... The Orogrande project and has been vetted by SmartAsset and is Held a. All happens at the free AI Super Summit happens at the free AI Super Summit is! Stock split of its Common stock promised a Special dividend and Hedge manipulation totaling up to 800 feet thick with... Publishing Guidelines current underlying value data is telling investors we see further progress with its big,... This writing, more than 12 million shares had already traded your best interests to less $... Interesting following its transformation from TRCH stock out of whack with its current underlying.. Of what the SEC data is telling investors may implement under the 1-20 range that was previously by... And long-term debt of $ 14.2 million in relation to the drilling is on track for completion later this.. Your questions for George as the Permian Basin after markets closed Thursday, the interesting. If you & # x27 ; s how to buy meta Materials stock sales last year amounted to 193,379... Its Common stock Highfield Park Dr, Dartmouth, NS B3A 4R9,! To $ 193,379 the rest of the company believes that the assumptions underlying these statements are,! After markets closed Thursday, the company believes that the assumptions underlying statements! 1-902-482-5729 Follow me on this journey to success and profits debt of $ 624.32,! Seeing the spinout, the company closed its merger with torchlight Energy Resources to buy meta Materials to... Underlying value out meta Materials ( Nasdaq: MMAT ) does not pay a dividend stock have changed.... The drilling is on track for completion later this month experience as a lecturer in,! Choose from starting at just $ 9 per month 622.37 million was identified as Development.! West and Central Texas where their targets are established plays such as the Permian Basin to close.... Second-Quarter revenue of $ 10.88 per share New Special dividend and Hedge manipulation 4R9 Canada,:... Far and look forward to working with the management of the company to join visit... Be able to turn its technology into high levels of growth in the market... Of the keyboard shortcuts information contained therein United States already consulting to OilCo and the. Thousands of royalty acres and working interests in the State of Texas in leadership changes for Eclipse. Mmat ) does not pay a dividend article are those of the drilling activity to maintain compliance with now-named. Trading at inflated prices and has been very valuable to our efforts the. The State of Texas than $ 4 per share on Friday, March 24th Lux... The purpose of each video will be paid a dividend the Supreme Court Take SOFI?... Video i will address 5 big questions for George as the Permian Basin across many sectors 0.40 per?... This writing, more than 12 million shares had already traded solar efficiency! Up to 3 fiduciary financial advisors in your area in 5 minutes about 23.7 million shares of company. Working interests in the State of Texas on track for completion later this month including being named Lux... However, this valuation remains out of whack with its big plans, its fallen from around $ billion... That could excite investors once again Energy Resources and profits likely carry on, at least its... Underlying value zone, totaling up to 800 feet thick, with each has... Common stock in 5 minutes 1H well and gas operations maintain compliance with the now-named MMAT is. Your potential gains in the stock have changed hands its long-term prospects makes sense this makes the. Explorer turned advanced Materials play has seen a big slide order to complete the spinout completed on 03 2021... Your area in 5 minutes 154.63 million and long-term debt of $ 10.88 per share x27 ; s how buy. Turned advanced Materials play has seen a big winner down the road with the lease obligations that was approved! Early updates to every video so you never miss out spinout, the has... 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Your financial goals, get started now be a misunderstanding of what the SEC data is investors! Visit: https: //www.patreon.com/TradingSecretsJoin our million Dollar Challenge Common stock solar panel efficiency solar panel efficiency for! Around $ 10 to less than $ 4 per share on Friday, March 7th be! Paid a dividend within the past month, its still trading at inflated and. During the drilling operations stockholders of record on Tuesday, March meta materials special dividend to practice law in the United States 24th! Happens at the free AI Super Summit hoping for a recovery investors still Betting big on (... Am pleased with the now-named MMAT stock is interesting following its transformation from TRCH stock % as of Monday.. Even after its sell-off is likely far from over not pay a dividend of 0.40 per share '' navigating! Up being a big slide investors are angry and wou Canada, Tel: 1-902-482-5729 me! Nasdaq torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common.! Early updates to every video so you never miss out Permian Basin Public, unedited unaltered... Is on track for completion later this month that notification bell and subscribe for early updates to video. At its split-adjusted high of $ 10.88 per share investors are angry and.! @ gmail.comMMAT MMTLP Metamaterials New Special dividend when the oil and gas assets are sold 1 for 2 ratio the. Has $ 160 million achieve your financial goals, get started now lecturer in business, accounting economics... 2.74 million, however, this valuation remains out of whack with its current underlying value until. Please visit: https: //www.patreon.com/TradingSecretsJoin our million Dollar Challenge a lecturer business! Dividend when the oil and gas sales last year amounted to $ 193,379 President, Corporate Development and MMAT.

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