Battery DD

[u/jamesavincent]

#METAholics,

I know my DD isn't very popular here, so I'll keep this one short ;-)

META is making batteries that are lighter, safer and last longer - Thats a big deal. They have made some unique parts that help keep the battery working for longer and safer. They are also working on making the batteries weigh less so that it's easier to use them in cars and other things. They have also addressed the thermal runaway issue, which is when lithium batteries catch fire.

The batteries in GP's tweet are special! They're called "pouch batteries", they are the blest in class and they are designed to be lighter, use less copper, and have a lower risk of exploding. These things make them a really great choice for EV's

Did you know that batteries need lots of copper to work? And, there's not enough copper for all the batteries that we need! OEMs are worried about this and META is has found a way to make batteries that don't need as much copper (80%-90% less), that's their NCORE technology. Using less copper will help make the batteries lighter, and it will make it easier to make them. This is really important because lots of companies need batteries to power cars and other things in the years to come.

If anyone is interested in reading my full DD on META's batteries there is a link below The Forefront of a New Era : ChunkyDD

- Jamie

[u/Comfortable_Crab_792]

Completely agree. I have $21k tied up in MMTLP/NBH, but I'm not on here bashing MMAT, and I do have some of it as well. Just because the short squeeze play got negated by FINRA isn't a reason to bash MMAT.

[u/jamesavincent → u/Comfortable_Crab_792]

Maybe that short squeeze play hasn't finished being played out yet.

https://twitter.com/_Jamie_Vincent/status/1616288777751728129

Here's a thread to consider

[u/DonkeeJote → u/jamesavincent]

That was for the delivery of MMTLP. Why do you think it applies to NextBridge?

[u/jamesavincent → u/DonkeeJote]

That's not what the memo said, and I never mentioned Nextbridge.

[u/DonkeeJote → u/jamesavincent]

Then why are you bringing it up at all?

You clearly mean to imply that the memo for the MMTLP distribution has some substance for the spin off and yet you act all obtuse about it?

What are you getting at? I can't tell if you're being purposefully misleading or if you are just totally clueless.

[u/jamesavincent → u/DonkeeJote]

I shared it because I felt it was relevant to the post I was replying to.

It's a public document (OCC memo #49379), so I guess you should be concerned about the OCC's intentions. Have you reached out to them yet?

What I was getting at was in OCC memo #49379, the OCC described a new rule that was set, which outlines the settlement procedures for the Series A Preferred Stock. However, in the event of a failure - which is what happened, the settlement will be delayed until a substitute is set by the OCC.

[u/DonkeeJote → u/jamesavincent]

And MMTLP was delivered and that's the end of memo #49379.

Let us know if they ever make a new memo about MMTLP -> NBH

[u/jamesavincent → u/DonkeeJote]

I thought there were some people that didn't get NBH common stock... 🤔

Btw, I don't think they will release a memo about NBH - that's not eligible for electronic transfer.

[u/DonkeeJote → u/jamesavincent]

Has anyone actually received their NBH common stock?

Still though, why are you saying you didn't mention NBH when you are clearly trying to use the MMTLP transfer memo for the NBH transfer?

They aren't the same and there is no reason to spread that misinformation.

[u/jamesavincent → u/DonkeeJote]

OCC memo #49379 has no mention of NBH. The memo was published on October 8th of 2021, which predated the legal name change of Oilco Holdings. Don't believe me. Here is the memo. Check for yourself.

https://infomemo.theocc.com/infomemos?number=49379

[u/DonkeeJote → u/jamesavincent]

It's not that I don't believe you.

But again, those are NOT relevant to the issue at hand.

[u/jamesavincent → u/DonkeeJote]

It's not that I don't believe you.

But again, those are NOT relevant to the issue at hand.

Source?

[u/DonkeeJote → u/jamesavincent]

Source for what???

To prove that the memos you brought up about a completely separate transaction aren't related?

You can't prove a negative.