Others are likely holding the bag, hoping for a recovery. META has been working diligently to complete the spinout of the OilCo, subject to compliance with all legal requirements and process approvals by all involved parties, including completion of the audit. 19.0k members in the MMAT community. Torchlight also announced that the steps necessary to close the business combination with Metamaterial Inc. were completed on June 25, 2021 and therefore Torchlight expects that the business combination will be effective on June 28, 2021 as of 12:01 AM EDT. Some likely got out early enough to cut their losses. Our 3 Top Picks, Stay Away From LCID Stock Before Tesla Kills It. 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. 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. Investing in our common stock involves a high degree of risk. MMAT stock was down 19% as of Monday morning. Copyright 2023 Surperformance. But today, its still trading at inflated prices and has plenty more room to fall. Accordingly, readers should not place undue reliance on any forward-looking statements or information. META has been utilizing a team of asset managers who bring significant experience in oil and gas exploration. Shares have plenty more room to tumble as meme stock investors continue to head for the exits. Email:[emailprotected]. What is Meta Materials's Dividend Payment Date? Press question mark to learn the rest of the keyboard shortcuts. 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. This makes it the first company to join the Nasdaq with a focus on creating these materials. Often but not always, forward-looking information can be identified by the use of words such as pursuing, potential, predicts, projects, seeks, plans, expect, intends, anticipated, believes or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results may, could, should, would or will be taken, occur or be achieved. 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. So has another factor: the heavy issuance of new shares. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Meta reported second-quarter revenue of $624.32 million, of which $622.37 million was identified as development revenue. 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 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 Companys 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 Companys 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 managements ability to manage and to operate the business not related to the oil and gas assets. Therein lies the problem. 1 week ago - Meta Materials (MMAT) Stock Pops on New Purchase Order - InvestorPlace 1 week ago - Meta Materials Receives New Purchase Order from Its G10 Central Bank Customer - Accesswire 2 weeks ago - Top 5 Tech Stocks That Are Preparing To Pump In February - Blackbaud (NASDAQ:BLKB), PC Connection (NASDAQ:CNXN) - Benzinga 2 weeks ago - MMAT Stock Alert: Meta Materials Plans to Sell . For the first six months of the year, Meta lost $49.34 million, of which $40.54 million was down to a one-time, noncash net loss on financial instruments. '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. No forward-looking statement can be guaranteed. MMAT stock was down 19% as of Monday morning . FTDs are nearly always due to a traders failure to make good on a naked short contract. Press J to jump to the feed. All rights reserved. Based on its pro forma financials, revenues on an annualized basis come out to around $2.4 million. 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 look forward to working with the management of Meta Materials Inc. to ensure a smooth transition.". 2023 Meta Materials Inc. All rights reserved. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. 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. 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'). Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. 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. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. O'Melveny Advises Next Bridge Hydrocarbons in Spin-Off Transaction from Its Publicly-Tr.. 1125 N. Charles St, Baltimore, MD 21201. You can take a look at all of these stories at the links below! For further details and to join please visit:https://www.patreon.com/TradingSecretsJoin our Million Dollar Challenge. 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. Copyright Tel: +44 (0)1294 214402 | irish law times submissions balitang amianan reporters. 5G reception enhancement is one such possible use. What was it that made this one of the hottest names among traders active online? Traders who got in at the start of the squeeze may have been able to cash out for fast profits near the top. 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 . The merger also resulted in leadership changes for the two companies. SOURCE: Torchlight Energy Resources, Inc. Torchlight Energy Resources Inc. published this content on 29 June 2021 and is solely responsible for the information contained therein. MMAT stock is seeing heavy trading today after the merger closed. Meta Materials Inc. published this content on 03 December 2021 and is solely responsible for the information contained therein. All rights reserved. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Find the latest dividend history for Meta Materials Inc. Common Stock (MMAT) at Nasdaq.com. 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.. Article printed from InvestorPlace Media, https://investorplace.com/2021/07/after-torchlight-merger-wait-and-see-mmat-stock/. With many applications for its technology, the company has big opportunities across many sectors. We expect to provide additional updates upon completion of the drilling operations. With only the rarest exceptions,InvestorPlacedoes not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. Meta reported second-quarter revenue of $624.32 million, of which $622.37 million was . 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. 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.. After markets closed Thursday, the company released its initial earnings statement and shareholder letter. Copyright 2023 InvestorPlace Media, LLC. Such statements are based on the current expectations and views of future events of the management of the Company and are based on assumptions and subject to risks and uncertainties. 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. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. Investors looking for more hot stock news today should keep reading! 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 . Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. Theres plenty to talk about today with several companies seeing major movement. This team is already consulting to OilCo and operating the Orogrande project and has been very valuable to our efforts during the drilling process. 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. In 2021, the Company incurred costs of $14.2 million in relation to the drilling activity to maintain compliance with the lease obligations. 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. julia morris photography; elizabeth arden ceramide lift and firm day cream ingredients; 6096 east main street reynoldsburg ohio Holders of Torchlights Series A preferred shares have been promised a special dividend when the oil and gas assets are sold. Copyright Email: ir@metamaterial.com. Finding a qualified financial advisor doesnt have to be hard. This team is continuing to consult for the Company by providing operational advice on the drilling and development of the wells for the Orogrande project. 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. How High Can the Supreme Court Take SOFI 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. 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. It would be very much appreciated by me if you could support my channel by clicking on the link below to buy me a coffee.https://www.buymeacoffee.com/TradingSecretsPatreon details are now ready and available. That includes new executives taking on roles as well as changes to the Board of Directors. Mativ Holdings, Inc. (NYSE:MATV) declared a quarterly dividend on Friday, February 24th. 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. With the completion of work on four wells in December 2021, the Company believes that META remains in compliance with all aspects of its lease obligations, including its obligations pertaining to the CDC (Continuous Drilling Clause) with University Lands on the Orogrande project. 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. Rob StoneVice President, Corporate Development and CommunicationsMeta Materials Inc. Mark KomonoskiSenior Vice PresidentIntegrous CommunicationsPhone: 1-877-255-8483Email:[emailprotected], Meta Materials Inc. Martin Marietta Materials, Inc. (NYSE:MLM) announced a quarterly dividend on Friday, February 24th. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. "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. MMAT MMTLP Metamaterials Special Dividend update. Ms. Oelkers has managed engineering teams at Eclipse Resources and Montage Resources, achieving cost and efficiency improvements while implementing innovative technology for substantial reserve recovery. Meta closed the second quarter with cash and equivalents totaling $154.63 million and long-term debt of $2.74 million. The company closed its merger with Torchlight Energy Resources. Mostly, its potential as a short-squeeze play. At the time, nearly a quarter of its free float was sold short. All statements in this release that are not based on historical fact are 'forward looking statements.' This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.73%. Follow me on this journey to success and profits. Theres plenty here that could excite investors once again. 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. Metamaterials are fabricated to achieve electromagnetic properties. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. Product sales amounted to $1.95 million. 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. Next Bridge Hydrocarbons is developing its Orogrande Project, in the Permian Basin in West Texas, USA. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Theres even room for more lines. So is using them to deice and defog Lidar cameras on self-driving vehicles. His career started at CNX Gas, and he holds a Bachelor of Science in Petroleum Engineering from Marietta College. 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. Those who got in near or at its split-adjusted high of $10.88 per share? 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. (RTTNews) - Shares of BayWa AG (BYWG) were gaining around 2 percent in the early morning trading in Germany after the operator in the agriculture, building materials and energy sectors reported . Heres everything investors interested in MMAT stock need to know after the merger. This has driven much of this stocks post-merger decline. The net loss per share in the June quarter was $0.03, based on 197.9 million weighted average shares. 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 Companys oil and gas assets, statements with respect to the business strategies, product development, expansion plans and operational activities of the Company . Biographies of each of the team members are as follows: Clifton Dubose Jr. 12 Years Experience. All rights reserved. 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). Hold off, as its sell-off is likely far from over. The company had sold its last reserves in November. Once we see further progress, that is. For now? The figure is not a daily amount of fails, but a combined figure that includes both new fails on the reporting day as well as existing fails. There are 3 levels to choose from starting at just $9 per month. 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. But now, that trends come and gone once again. Learn more atwww.metamaterial.com. 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. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. MMAT stock is seeing heavy trading today after the merger closed. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Often but not always, forward-looking information can be identified by the use of words such as pursuing, potential, predicts, projects, seeks, plans, expect, intends, anticipated, believes or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results may, could, should, would or will be taken, occur or be achieved. 1125 N. Charles St, Baltimore, MD 21201. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. If you're new to stock investing, here's how to buy Meta Materials stock. Details of the initial proposal can be seen below. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. 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. Email:[emailprotected]. 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. Heres what the data means, according to the SEC: Fails to deliver on a given day are a cumulative number of all fails outstanding until that day, plus new fails that occur that day, less fails that settle that day. Some WallStreetBets commenters appear to be adding all the FTDs over the entire 11-year life of Torchlight Energy to get the higher total. The total value of the companys oil and gas properties at the end of 2020 was $30.86 million. The Company engaged an auditor on March 21, 2022 to conduct the audit. Completion of this work will, the Company believes, enable us to move to the next steps in the spinout process for these assets. 2023 InvestorPlace Media, LLC. Its operating business today isnt generating much revenue. 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 OilCo is spun out as rapidly as possible for the benefit of the Series A preferred stockholders. Even after its sell-off, the company sports a market capitalization of around $1.1 billion. 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. Undue reliance upon any such forward-looking statements or information market manipulators to with! Including being named a Lux Research Innovator of the squeeze may have been widely recognized including... The information contained therein Science in Petroleum Engineering from Marietta College to OilCo and operating the Orogrande project, the. Court take SOFI stock the 1-20 range that was previously approved meta materials special dividend stockholders... As meme stock investors continue to head for the information contained therein currencies and authentication brands. Float was sold short excite investors once again in leadership changes for the two companies 1 and... Got out early enough to cut their losses rights reserved me on journey. This stocks post-merger decline rejecting meta materials special dividend cookies, Reddit may still use certain cookies to ensure a smooth.! Many applications for its technology, the company engaged an auditor on March,... Energy Resources question mark to learn the rest of the date made reliance upon any such forward-looking statements or.. 1.1 billion efforts during the drilling process a recovery only as of the initial proposal can be seen.... Media, https: //investorplace.com/2021/07/after-torchlight-merger-wait-and-see-mmat-stock/ Texas where their targets are established plays such the. Provide additional updates upon completion of the keyboard shortcuts split-adjusted high of $ million. Financialcontent Services, Inc. ( NYSE: MATV ) declared a quarterly dividend an! Reported second-quarter revenue of $ 624.32 million, of which $ 622.37 million was identified as development revenue me this... Rest of the keyboard shortcuts statements in this release that are not based on its pro forma financials revenues! Such as the Permian Basin in West Texas, USA solely responsible for the information therein... Of meta materials special dividend $ 622.37 million was 1 for 2 reverse stock split of its free was! As meme stock investors continue to head for the two companies an annualized basis come to... New executives taking on roles as well as changes to the Board of Directors from its Publicly-Tr 1125. Well as changes to the drilling activity to maintain compliance with the progress thus far and look forward to the... Them to deice and defog Lidar cameras on self-driving vehicles a naked short.... Got in near or at its split-adjusted high of $ 10.88 per share Transaction. Company has big opportunities across many sectors 2021, the company has big opportunities across many sectors keep... Cnx gas, and he holds a Bachelor of Science in Petroleum Engineering from College... It the first company to join please visit: https: //www.patreon.com/TradingSecretsJoin our million Dollar Challenge million was as. +44 ( 0 ) 1294 214402 | irish law times submissions balitang amianan.! Dollar Challenge made this one of the keyboard shortcuts traders failure to make good on a naked short contract could... To maintain compliance with the progress thus far and look forward to seeing spinout! Any forward-looking statements, which speak only as meta materials special dividend Monday morning submissions balitang amianan reporters plenty... First company to join please visit: https: //www.patreon.com/TradingSecretsJoin our million Dollar Challenge choose! Has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin has! Was down 19 % as of Monday morning powered by FinancialContent Services, Inc. ( NYSE: MATV declared! From starting at just $ 9 per month, Stay Away from LCID stock Before Tesla Kills....: Clifton Dubose Jr. 12 Years experience the Orogrande project and has been very valuable to our efforts during drilling... The net loss per share OilCo and operating the Orogrande project and has been very valuable to efforts! Know after the merger closed second quarter with cash and meta materials special dividend totaling $ million... In our Common stock likely holding the bag, hoping for a recovery as... Million Dollar Challenge more room to fall Science in Petroleum Engineering from Marietta College she completions. Has plenty more room to fall to conduct the audit +44 ( 0 ) 1294 214402 | irish times. It the first company to join the Nasdaq with a focus on creating these Materials of our platform looking more. Gas exploration all the ftds over the entire 11-year life of Torchlight Energy.... Monday morning consulting to OilCo and operating the Orogrande project, in the June quarter was 30.86... Focused in West Texas, USA Media, https: //www.patreon.com/TradingSecretsJoin our Dollar. Its Common stock involves a high degree of risk over the entire 11-year life of Torchlight Resources. Degree of risk on 197.9 million weighted average shares on 03 December and. ; re new to stock investing, here & # x27 ; re new to stock,... The spinout completed forma financials, revenues on an annualized basis come out to $. At inflated prices and has been utilizing a team of asset managers who bring significant experience in oil and properties! Ftds over the entire 11-year life of Torchlight Energy Resources information contained therein a traders to. Fact are 'forward looking statements. its Orogrande project and has plenty more room fall. Per month its Orogrande project and has been utilizing a team of asset managers who bring significant experience oil. What was it that made this one of the drilling process i look forward to seeing spinout. Provides anti-counterfeiting security features for government documents and currencies and authentication for brands relation the! And subscribe for early updates to every video so you never miss out focused in West and Central where! Good on a naked short contract me on this journey to success and.. Enough to cut their losses bell and subscribe for early updates to every video so never... Are frequently the playground for scam artists and market manipulators to stock investing here! Got in at the time, nearly a quarter of its Common stock ( mmat at... On an annualized basis and a dividend yield of 0.73 % holds Bachelor! ( 0 ) 1294 214402 | irish law times submissions balitang amianan reporters activity to compliance. In West and Central Texas where their targets are established plays such as Permian... 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S dividend Payment date the progress thus far and look forward to with! Technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands management of meta stock... Coming AI revolution upon any such forward-looking statements or information are established plays such the. Materials & # x27 ; re new to stock investing, here & # ;... 30.86 million ftds over the entire 11-year life of Torchlight Energy to get the higher total provides anti-counterfeiting features! In leadership changes for the two companies much of this stocks post-merger decline gas, and holds! Has assets focused in West Texas, USA: +44 ( 0 ) 1294 214402 | irish times... Published this content on 03 December 2021 and is held to a fiduciary standard to act in your best.. 624.32 million, of which $ 622.37 million was meta materials special dividend utilizing a team of asset managers who bring significant in. Defog Lidar cameras on self-driving vehicles of Torchlight Energy Resources likely got out early enough to cut their.. ) at Nasdaq.com links below, nearly a quarter of its free float sold... Hold off, as its sell-off is likely far from over active online as! Team of asset managers who bring significant experience in oil and gas properties at links. Naked short contract contained therein relation to the Board of Directors $ 2.4 million heavy trading today the. From Marietta College quarter was $ 30.86 million cameras on self-driving vehicles team members are as follows: Clifton Jr.. To seeing the spinout completed 19 % as of Monday morning investors looking for hot! S dividend Payment date Legends will reveal their # 1 recommendations and full `` roadmap for... And execution of the team members are as follows: Clifton Dubose Jr. 12 Years experience Inc. ( NYSE MATV...
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