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The MMTLP stock trading issue is attributed to the company obtaining a CUSIP. Regulatory bodies like FINRA and OTC Markets were consulted to understand trading legality. Contrary to beliefs, MMTLP was not in discussions for asset sales or partnerships according to SEC correspondence. Additionally, documents related to a merger involving MMAT/TRCH revealed discrepancies in asset sale intentions and structure, raising questions about a disclosed Series A Preferred Representative's actions.
Appears the Series A Preferred Representative was disclosed So why did Ken Rice tell the SEC in a correspondence letter that they weren't pursuing any strategic transactions at all (sale or partnership)? $mmtlp https://t.co/5mDp51j2pb https://t.co/uqe6CtBF6u
MMAT/TRCH merger docs appointed a "Series A Preferred Representative" responsible for asset sale and if no sale, structure of the spin-off dividend They weren't trying to sell the asset. This person then screwed the structure up. I'd want to know who it was. $mmtlp https://t.co/Hqh6jSAITH https://t.co/698fIG5TDM
And here is the 3Q22 10Q filed by $MMAT on 11-9-22 stating they were trying to sell the O&G assets despite privately and concurrently telling the SEC there were no discussions of such a transaction taking place "in the process of selling..." This stuff is so so wrong $mmtlp https://t.co/MeHsv3jyvz https://t.co/3xsTPRAqFg