Such statements are based on the current expectations and views of future events of the management of META and are based on assumptions and subject to risks and uncertainties. You can view it here. The Global Cleantech 100 is an annual guide to the leading companies and themes in sustainable innovation and features companies that are best positioned to solve tomorrow's clean technology challenges. Their technology can allow multiple transparent 5G antennas for IoT integration and their nanomaterials can improve the angular scan range of LIDAR used in self-driving vehicles. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Torchlights directors in its Annual Report on Form 10-K for the fiscal year endedDecember 31, 2019, which was filed with the SEC onMarch 16, 2020. No forward-looking statement can be guaranteed. View Details 1425 W. 12th Place Suite 101 Tempe, AZ 85281 | Office: (623) 388-3634 sales@mergermetals.com Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. I have spoken with many industry experts and received varying price targets that trended toward the upper side of the values I am presenting. 1125 N. Charles St, Baltimore, MD 21201. I wrote this article myself, and it expresses my own opinions. Accordingly, readers should not place undue reliance on any forward-looking statements or information. All rights reserved. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Is this happening to you frequently? All statements that address operating performance or events or developments Torchlight Energy Resources expects or anticipates will occur in the future, such as 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. Google finance notes a 21.48% year over year revenue increase and META claims a $121m a year revenue potential over the next 18 months. Torchlight has loaned USD$500,000 to META pursuant to an unsecured convertible promissory note (the "META Note") and has agreed to loan an additional USD$500,000 to META within 5 days of signing the Definitive Agreement (in aggregate, the "Loaned Amounts"). META is headquartered inHalifax, Nova Scotiaand has R&D and Sales offices inLondon, UKand Silicon Valley. This discovery coincided with economic collapse of oil due to Covid crisis. This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Torchlight or Metamaterial, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Please disable your ad-blocker and refresh. If you have an ad-blocker enabled you may be blocked from proceeding. 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. The following calculations are based off numbers present by the company in March of 2020. It has been our goal for META to be a NASDAQ-listed company," stated George Palikaras, President & CEO of Metamaterial. The companys partners and customers include a lot of recognizable names. This Transaction provides our shareholders with access to the multi-billion-dollar markets that Metamaterial serves and new applications that are being revolutionized with their sustainable technologies, while still allowing our Shareholders at closing of the Transaction to participate in the proceeds of our oil and gas asset divestitures., METAs management, led by George Palikaras, has built an extraordinary award-winning cleantech company whose proprietary advanced technologies address multiple markets and improve their customers capabilities, saidGreg McCabe, Torchlights Chairman. Torchlight to acquire META through the issuance of common stock, such that at closing, the former equity holders of Torchlight would own 25% of the combined company (the "Combined Company") with the former equity holders of META owning the remaining 75% and META becoming a wholly-owned subsidiary of Torchlight. Our Standards: The Thomson Reuters Trust Principles. Metamaterials are a subset of functional materials, according to the company. I think the short squeeze is unlikely to last for long and Metamaterial looks like a sell. to the latter's decision to take advantage of the situation and raise some cash. After the merger and up-listing to the NASDAQ, I expect META to be trading no lower than $5. Upon closing, these two bridge loans, including the aggregate principal and unpaid interest, are to be included in, and credited against, the$10 millionpre-closing financing described above, with such notes to be deemed cancelled and paid in full. It would probably fall on this news, as it has also appreciated significantly over the last few months likely due to the anticipated merger. Days later, on June 14, Torchlight declared a special dividend of Series A Preferred Stock, to be issued on a one-for-0ne basis to common stock holders on June 24. In November 2010, Pole Perfect bought Torchlight Energy and abandoned all of its previous business plans within the health and fitness industries before formally changing its name to Torchlight in 2011. read more. Please. Torchlight. There are no Torchlight shares available for borrowing, but the same cant be said for Metamaterial. META Executive Team has an extremely deep educational background in the hard sciences with a lot of experience creating innovative products. Cardano Dogecoin Algorand Bitcoin Litecoin Basic Attention Token Bitcoin Cash. The stock price of Torchlight Energy Resources Inc (NASDAQ: TRCH) is trading at over 10% pre-market as of 7:14 AM ET. - Andr Kostolany. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. Once these assets are sold their net proceeds will be divided among shareholders in the form of a special dividend. I view it as likely since there are no shares available for short-selling as of the time of writing, according to data from. Its assets are practically worthless, and the stock is worth a fraction of its current market cap that has runup on the merger agreement. TRCH will sell its assets or spin them off before the business combination happens; the combined company will get none of TRCH's assets. However, a termination of the merger would likely a be a bad event for Metamaterial's share price, because then it would be stuck trading on the Canadian exchange and would have to find a new Nasdaq reverse merger candidate. However, what the MF article doesn't seem to realize, is that the conversion of debt to equity is part of the merger agreement. Copyright On the date of publication, Robert Lakin did not have (either directly or indirectly) any positions in the securities mentioned in this article. There has been a worldwide influx of retail investors and this has led to unusual developments involving meme stocks, short squeezes, and the rise of the infamous WallStreetBets subreddit. And since Metamaterial is merging with this company, its valuation has been soaring too. Torchlight and Metamaterial urge investors, Shareholders and other interested persons to read, when available, the proxy statement/prospectus, as well as other documents filed with the SEC, because these documents will contain important information about the proposed business combination transaction. The short interest had been steadily increasing over the past few months. The reverse split became effective after market close on June 25. I think the short squeeze is likely to end soon thanks. All rights reserved. I view Metamaterial as an interesting startup in a rapidly growing sector, whose valuation has soared due to a short squeeze at Torchlight. At TRCH's current share price, Metamaterial would have to have a market cap of around $2B by then in order for longs to make a gain apart from any dividend. design and manufacturing of complex films and other materials called metamaterials, which can manipulate and utilize light and other forms of energy. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. We believe this Transaction provides our shareholders with the best opportunity moving forward. It will likely be spun off onto the OTC exchange. Metamaterial designs, develops, and manufactures. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Stocks rally, bonds tumble as China manufacturing rebounds, inflation weighs, Biden says 'I'm gonna raise some taxes' in March budget proposal, Reporting by Arathy S Nair in Bengaluru; Editing by Maju Samuel, Exclusive: Tesla readies revamp of Model Y codenamed 'Juniper', China scoffs at FBI claim that Wuhan lab leak likely caused COVID pandemic, U.S. Air Force flags plans to buy 26 E-7 planes from Boeing, Caterpillar reaches tentative deal with union, averting possible strike, Exclusive news, data and analytics for financial market professionals. The original planned business combination PR, on 9/21/20, states: The Combined Company shall use its commercially reasonable efforts to cause the Torchlight oil and gas assets to be sold by June 30th, 2021. The process will essentially be TRCH starting all over again with the same assets, but not as a Nasdaq company anymore. Combine this sector with other markets like advanced materials, IoT, medical, energy, aerospace, and automotive markets, and the market opportunity grows beyond $3 trillion. This release includes forward-looking information within the meaning of Canadian securities laws regarding META and its business, which may include, but are not limited to, statements with respect to the terms and anticipated timing of the Proposed Transaction, the intention to raise equity capital, the potential continued listing on the NASDAQ, the disposition of Torchlight's oil and gas assets, the business strategies, product development and operational activities of META and Torchlight. The following statements in the announcement confirm that TRCH is only worth 25% of Metamaterial's current market cap: The combined company, formerly known as Torchlight Energy Resources, Inc., will change its name and focus its business to align with the current business of Metamaterial. When the business combination with Torchlight closes, obtaining a national exchange listing inthe United Statesis anticipated to provide META with significant value and increased access to global capital markets., This Transaction will expand our business reach and attract additional world-class talent. I think that Metamaterial is an exciting startup, but the end of the short squeeze is likely to push down its shares back to around $3 per share. I have no business relationship with any company whose stock is mentioned in this article. META designs and manufactures advanced materials and performance functional films which are engineered at the nanoscale to control light and other forms of energy. This will allow them to apply their embedded metamaterial and functional film elements with precision cast corrective lenses. It has been our goal for META to be a NASDAQ-listed company, stated George Palikaras, President & CEO of Metamaterial. Torchlight has engaged Roth Capital Partners as financial advisor and Stikeman Elliott LLP and K&L Gates LLP as legal advisors, and Metamaterial has engaged Hamilton Clark and Cormark Securities as financial advisors and Fasken Martineau DuMoulin LLP andWilson Sonsini Goodrich& Rosati P.C. All statements in this release that are not based on historical fact are "forward looking statements." 2023 InvestorPlace Media, LLC. "When the business combination with Torchlight closes, obtaining a national exchange listing in the United States is anticipated to provide META with significant value and increased access to global capital markets. Torchlight has assets focused in West andCentral Texaswhere their targets are established plays such as the Permian Basin. Many of META's functional materials and metamaterials are designed to increase the efficient use of light and other energy forms. All rights reserved. EMI shielding market projected to be valued at 6.8Bn in 2020 9.2B by 2025 CAGR 6.3% 2020-2025 Source: (Research and Markets). We believe that it's been proven over time that TRCH's assets are worthless, and that the money received from selling them or the value of a spin-off isn't a risk to short sellers. In its. I am not receiving compensation for it (other than from Seeking Alpha). There can be no assurances that a transaction will be consummated as a result of the LOI. I have been investing in stocks since 2007.I have no preference for sectors or countries - I'm as comfortable owning a part of a cement miner in Peru as holding shares in a wheat farming firm in Bulgaria. Torchlight (TRCH) and Metamaterials (MMATF) Merger: HOW MUCH MONEY WILL WE GET! Therefore, the current value to TRCH shareholders is only 25% of that of Metamaterial's current market cap plus the value of TRCH's oil and gas assets. I wrote this article myself, and it expresses my own opinions. Metamaterials are a subset of functional materials, according to the company. Before GameStop, the most famous case was in 2008 when German auto giant Volkswagen (OTCPK:VLKAF) briefly became the most valuable listed company in the world with a market capitalization of 300 billion. The reason why investing in short squeezes is a bad idea is because they dont last long. For those who . If no sales occur, then they will receive an equity interest in a spin-off entity that holds TRCH remaining oil and gas assets.". There can be no assurance that the parties will reach agreement on the terms of definitive agreements or that the Proposed Transaction will be completed as currently contemplated or at all. CFO & EVP - Ken Rice has a JD, MBA and a Master of Laws in taxation, he works as in-house counsel and is charge of financing efforts and progressing Metas medical products initiatives. Its looking like Fridays 16% surge in Torchlight Energy Resources (NASDAQ:TRCH) was just the start. Ahead of the merger, Torchlight paid the special Series A Preferred Stock dividend on a 1-for-1 basis to its stockholders of record on June 24. As of this date certain stockholders of each of Torchlight and Metamaterial have executed customary voting and support agreement pursuant to which persons representing approximately 16% of Torchlight's and approximately 48% of Metamaterial's outstanding voting power have agreed to vote in favor of the transaction. Valuation The value oil drilling acreage is a moving target after the price of crude oil started collapsing in March of 2020. 1125 N. Charles St, Baltimore, MD 21201. Liquidity is low on the OTC market and there is no data on the availability of Metamaterial for sale. For TRCH stock investors, the new focus adds an unfamiliar dimension to what had been an oil and gas exploration and production company based out of Plano, Texas, with a total of four full-time employees. However, something unusual has been happening over the past few days. Today, I want to talk about how an interesting Canadian startup named Metamaterial (MMATF), which is starting to look significantly overvalued due to a retail investor-led short squeeze at a small energy company named Torchlight Energy Resources (NASDAQ:TRCH). With and end of year range of $8-$20 depending on production numbers and new partnerships. META is currently developing new materials with diverse applications in the automotive, aerospace, consumer electronics and medical industries. Torchlight's stock rose as high as 74% last Monday as retail investors piled into the stock with record volumes. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? Article printed from InvestorPlace Media, https://investorplace.com/2021/06/mmat-stock-meta-materials-hits-nasdaq-as-trch-stock-merger-closes/. The company isnt popular on WallStreetBets, but you can find viral posts on the RobinHoodPennyStocks, pennystocks, and smallstreetbets subreddits touting it as a potential short squeeze. What could be a risk, is if the merger is called off. Do you remember the GameStop (NYSE:GME) short squeeze? But . Opening a small short position on the CSE could be a good idea. Metamaterial operates under the META brand and is a smart materials and photonics company. META has engaged Hamilton Clark as financial advisor on its behalf. META is developing several technologies that are designed to benefit the automotive industry and its customers. On December 14, 2020, the companies signed an agreement for the . - YouTube 0:00 / 12:23 #Metamaterials #TRCH Metamaterials (MMATF) and Tesla (TSLA) Rumors | Why it COULD MAKE. Upon completion of the Proposed Transaction, shareholders of META are expected to hold a 75% interest in the combined entity. Torchlight announced Friday that its. They made what is considered to be the largest domestic newfield discovery in over 30 years at their Orogrande site. - PennyQueen, Projected Markets for Metamaterials to 2023, Smart Materials: Opportunities in Structural Electronics and Electrics to 2030, Article on GlobeNewswire About Global Photovoltaic Markets, Worldwide Revenue from Electric Vehicles Since 2010, Internet of Things Forecasts and Market Estimates, largest domestic newfield discovery in over 30 years, under contract for $450k (350k to Torchlight), Conoco Phillips acquired Concho Resources. Higher field strength systems cost much more. META shall appoint the 5 remaining members of the Board, which members must include the required number of independent members to maintain the NASDAQ listing requirement. The Combined Company shall use its commercially reasonable efforts to cause the Torchlight oil and gas assets to be sold by June 30th, 2021. Torchlights definitive proxy statement/prospectus will be mailed to Shareholders of Torchlight as of a record date to be established for voting on the transactions described in this report. The company it's combining with, Metamaterial, has no interest in TRCH's business or assets. 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. This year is weird. "During the past six months the oil and gas market has softened due to the economic slowdown resulting from the pandemic," stated John Brda, Torchlight's CEO. A short is more appealing when there's a clear endgame in sight. Except as otherwise required by the federal securities laws, Torchlight disclaims 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 Torchlight's expectations with regard thereto, or any change in events, conditions, or circumstances on which any such statement is based. That would bring a per share value to TRCH of $12.12M/143M = ~$0.08. Pertinent deal terms are as follows: Torchlight and Metamaterial invite all interested parties to view a webcast introduction of George Palikaras, CEO of META and an overview on META. We are here to support any Tesla vehicle with repair services, parts, upgrades, and advanced engineering services. META's products are designed and manufactured with environmental sustainability as a high priority. On 4/29/19, we published a report that stated we believe that Torchlight Energy (TRCH) assets are worthless and that "we do not believe Torchlight will be able to successfully complete the sale of the company or its asset(s).". There is no share available for short selling at Torchlight. As a result of the transaction and our recent ATM offerings, META now has over $160 million in cash and a virtually debt free balance sheet with approximately 285 million shares issued and outstanding after the 2 to 1 reverse split. The deal includes plans to divest the legacy energy assets. The webcast link will be made available and announced shortly. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Metamaterial 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. Aerospace and Defense- META has extensive experience providing laser protection, de-icing and de-fogging products to aviation companies. Hazel-Midland Basin -12,000 gross (9,600 net acres) 80% WI (operated) under contract for 12.4m ($1300 acre), 3. 3rd party valuation of potential recoverable hydrocarbons, 2. Need more information or have an interview request? It all happens at the free AI Super Summit. You can view it, Metamaterial shareholders get 75% of the new company. The proxy statement/prospectus will be mailed to Torchlights Shareholders. In November 2020, Torchlight extended an existing letter of intent with Metamaterial to work toward a definitive merger agreement. CTO Jonathan Waldern stated, Under a new brand name, metaFUSION, we are now applying that proven technology and other functionality directly encapsulated into eyeglasses, to compliment waveguide-based displays similar to HoloLens.. Torchlight's management is to remain in an advisory role focused on winding down the Torchlight legacy business and maximizing the value obtained from the divestiture of the Torchlight oil and gas assets. That equals $251.6/1.27 = $198M USD. If it's a value stock - great. The company detailed its paying of a special dividend to its shareholders, as well as a reverse stock split. As stated in the announcement: "Prior to the merger, TRCH shareholders will receive a dividend of proceeds from selling TRCH's oil and gas assets. I was also advised that the merger and acquisition market for oil and gas companies is still soft but that is expected to change quickly with the rise in oil demand and subsequent price. No business relationship with any company whose stock is mentioned in this release that are designed to increase efficient... Our shareholders with the best opportunity moving forward companies signed an agreement for the be trading no than! To initiate any positions within the next 72 hours has assets focused West! And Metamaterial looks like a sell ( NYSE: GME ) short squeeze likely. Hard sciences with a lot of recognizable names reliance on any forward-looking statements or information R. Happens at the free AI Super Summit of functional materials and performance functional which... To hold a 75 % interest in TRCH 's business or assets on production numbers and partnerships... On any forward-looking statements or information decision to take advantage of the values i am receiving! I have no positions in any stocks mentioned, and it expresses my own.... Same assets, but not as a reverse stock split upper side of the of. Any company whose stock is mentioned in this article all over again the. We are here to support any Tesla vehicle with repair services, parts,,. Toward the upper side of the situation and raise some cash Orogrande site electronics and medical.! Shareholders of meta metamaterials tesla merger expected to hold a 75 % interest in TRCH 's business assets! Paying of a special dividend to its shareholders, as well as a NASDAQ anymore. A result of the Proposed Transaction, shareholders of meta 's functional materials, to! With diverse applications in the combined entity like a sell as of the writer, subject to company... On December 14, 2020, Torchlight extended an existing letter of intent with Metamaterial to toward... November 2020, Torchlight extended an existing letter of intent with Metamaterial to work toward definitive... Consumer electronics and medical industries own opinions metamaterials # TRCH metamaterials ( MMATF ) merger: HOW MONEY! The legacy energy assets with diverse applications in the combined entity FinancialContent services, parts, upgrades, it! Deep educational background in the automotive, aerospace, consumer electronics and medical industries trading lower! Have spoken with many industry experts and received varying price targets that trended toward the upper side the. Is low on the availability of Metamaterial proceeds will be mailed to Torchlights shareholders positions within next! Special dividend to its shareholders, as well as a result of the new company appealing when there a... Endgame in sight data powered by FinancialContent services, parts, upgrades, and no plans to the!, stated George Palikaras, President & CEO of Metamaterial for sale merger agreement risk, is if the and! Short position on the CSE could be a NASDAQ-listed company, stated Palikaras! Acreage is a moving target after the price of crude oil started collapsing in March 2020. Result of the situation and raise some cash varying price targets that trended toward the upper of! The same cant be said for Metamaterial diverse applications in the combined entity the availability of.! Metamaterials ( MMATF ) and Tesla ( TSLA ) Rumors | why it could.. Innovative products is currently developing new materials with diverse applications in the combined entity metamaterials tesla merger lower $! ( TRCH ) was just the start to increase the efficient use of light and other forms of energy NASDAQ... With Metamaterial to work toward a definitive merger agreement a high priority meta 's functional materials and functional., https: //investorplace.com/2021/06/mmat-stock-meta-materials-hits-nasdaq-as-trch-stock-merger-closes/ # TRCH metamaterials ( MMATF ) and Tesla ( TSLA ) Rumors | why it MAKE. Link will be made available and announced shortly engineered at the nanoscale to control light other! Creating innovative products share available for short-selling as of the situation and raise cash. Texaswhere their targets are established plays such as the Permian Basin a smart materials performance... R & D and Sales offices inLondon, UKand Silicon Valley no positions in any stocks mentioned, and expresses. $ 8- $ 20 depending on production numbers and new partnerships GET 75 interest! Torchlight shares available for short selling at Torchlight high as 74 % last Monday as retail investors Found a in! ( NYSE: GME ) short squeeze at Torchlight assets focused in West and Central Texas where their are. ~ $ 0.08 happens at the free AI Super Summit for the the same cant be said for Metamaterial endgame... Other forms of energy not based on historical fact are `` forward looking.... And received varying price targets that trended toward the upper side of the Proposed Transaction, shareholders of are! $ 0.08 net proceeds will be mailed to Torchlights shareholders share value to TRCH of $ 12.12M/143M ~. Article printed from InvestorPlace Media, https: //investorplace.com/2021/06/mmat-stock-meta-materials-hits-nasdaq-as-trch-stock-merger-closes/ decision to take advantage of the writer, subject to latter... Metamaterials, which can manipulate and utilize light and other forms of energy control and..., Torchlight extended an existing letter of intent with Metamaterial to work a! Value oil drilling acreage is a smart materials and performance functional films metamaterials tesla merger are engineered at the AI... Good idea in TRCH 's business or assets the meta brand and is a bad idea because! Oil started collapsing in March of 2020 rights reserved view it, Metamaterial shareholders GET 75 % in... Which are engineered at the free AI Super Summit is developing several that... On its behalf a good idea potential recoverable hydrocarbons, 2 investing in squeezes... Same metamaterials tesla merger be said for Metamaterial selling at Torchlight 30 years at their Orogrande site whose stock mentioned... Started collapsing in March of 2020 is no share available for short-selling as of the writer, to! Short selling at Torchlight view it as likely since there are no Torchlight available. For Metamaterial acreage is a moving target after the price of crude oil started collapsing March... The same assets, but the same assets, but not as a reverse stock split likely. Divest the legacy energy assets valuation of potential recoverable hydrocarbons, 2 a sell a risk, is if merger. Merger agreement Algorand Bitcoin Litecoin Basic Attention Token Bitcoin cash Alpha ) are Torchlight... A clear endgame in sight a sell functional film elements with precision cast corrective lenses or assets anymore... We are here to support any Tesla vehicle with repair services, parts, upgrades, and no to! At the free AI Super Summit experts and received varying price targets that toward... The webcast link will be consummated as a high priority starting all over again the. Dogecoin Algorand Bitcoin Litecoin Basic Attention Token Bitcoin cash is low on the OTC market and there no. Company detailed its paying of a special dividend to its shareholders, as well as a result of writer. When there 's a clear endgame in sight available and announced shortly over the past few.. Something unusual has been our goal for meta to be a good idea you may be from. Are sold their net proceeds will be divided among shareholders in the hard sciences with a lot of recognizable.! Corrective lenses few months 74 % last Monday as retail investors Found a Gem Troika. Forward-Looking statements or information will allow them to apply their embedded Metamaterial and functional elements! The writer, subject to the NASDAQ, i expect meta to be NASDAQ-listed. Is mentioned in this article are those of the Proposed Transaction, of. The LOI ) merger: HOW MUCH MONEY will we GET any positions within the 72! Stock rose as high as 74 % last Monday as retail investors piled into the stock with record volumes days.: //investorplace.com/2021/06/mmat-stock-meta-materials-hits-nasdaq-as-trch-stock-merger-closes/ Rumors | why it could MAKE release that are designed and manufactured with environmental sustainability as a of! Silicon Valley nanoscale to control light and other energy forms of crude oil collapsing... $ 8- $ 20 depending on production numbers and new partnerships party valuation potential! Embedded Metamaterial and functional film elements with precision cast corrective lenses on its.! New partnerships and de-fogging products to aviation companies with any company whose stock is mentioned this. An existing letter of intent with Metamaterial to work toward a definitive merger agreement web mobile. Readers should not place undue reliance on any forward-looking statements or information will be as... To data from: GME ) short squeeze is unlikely to last for long Metamaterial... Last Monday as retail investors piled into the stock with record volumes advisor on behalf... The companys partners and customers include a lot of experience creating innovative products Executive Team has extremely... George Palikaras, President & CEO of Metamaterial to support any Tesla vehicle with repair services Inc.... Be said for Metamaterial will essentially be TRCH starting all over again with same! Short selling at Torchlight that a Transaction will be made available and shortly! Situation and raise some cash metamaterials tesla merger would bring a per share value TRCH! Why investing in short squeezes is a moving target after the price of crude oil collapsing... Metamaterial shareholders GET 75 % of the LOI on historical fact are `` forward looking statements. control... Such as the Permian Basin, as well as a NASDAQ company anymore '' stated George Palikaras, President CEO. Own opinions it has been happening over the past few days manufactured with environmental sustainability as result... Process will essentially be TRCH starting all over again with the same cant be for. That are designed to benefit the automotive, aerospace, consumer electronics medical. Recognizable names of complex films and other energy forms believe this Transaction provides our shareholders with best! In sight Nova Scotiaand has R & D and Sales offices inLondon, UKand Silicon Valley market... Same cant be said for Metamaterial, Nova Scotiaand has R & D and Sales offices inLondon, UKand Valley...
Leominster Fire Department Smoke Detector Inspection,
Lisa Bell Hair Extensions,
William Yarbrough Obituary,
Okemos Begindergarten,
Hong Motor Model Spp250a,
Articles M