MMTLP Faces Trading Scrutiny Over CUSIP; Influencer Causes 50% Stock Drop

Recent discussions and reports have highlighted significant issues surrounding the trading of MMTLP on the OTC markets, primarily focusing on the acquisition of a CUSIP and its implications. Charles Gasparino of Fox Business Network has been actively investigating the matter, engaging with OTC Markets, FINRA, and the American Bankers Association to understand the legalities and processes involved. The situation has sparked controversy and accusations of misinformation, with some blaming influencers for exacerbating the stock's volatility. Notably, a YouTuber's negative review reportedly led to a 50% drop in an EV company's stock value, illustrating the potent influence of social media on financial markets. Additionally, discrepancies have emerged regarding MMAT/TRCH's intentions to sell assets, with SEC filings contradicting previous statements made to the SEC, raising questions about transparency and governance within the company. The 10/21/22 SEC correspondence and the 11-9-22 10Q filing specifically highlight these discrepancies.