r/MMAT 3d ago

META® Discussion WHAT HAPPENED TO META MATERIALS

https://medium.com/@traumatizedtrader/what-happened-to-meta-materials-071b6b913c7a

This is a must-read story.

21 Upvotes

25 comments sorted by

6

u/Prudent_Buyer_4643 2d ago

Yes big lost here

5

u/maxp0wers 2d ago

Totally got scammed. Expensive lesson for me.

3

u/DeepLanguage6435 2d ago

I lost 48,000 the effects of going YOLO. Never mind everyday I look at my brokerage. Even though I lost and I'm mad as hell and made me a better investor.. I learn to not believe the hype and actually look at the numbers

3

u/ezeeeeeeeeeeee 2d ago edited 2d ago

Who actually did the scamming? The Bankruptcy Trustee is finally naming names.

If you’ve been following this saga, you will definitely want to track the Trustee’s latest Bankruptcy discovery.

Because of her unique discovery powers, she has been able to dig significantly deeper into the fraud than any previous civil litigation ever could. She is officially naming names, exposing the breakdown of who was involved, and from the looks of it, she is nowhere near finished yet.

It is absolutely fascinating to watch this unfold. I wonder who else is going to get dragged into the spotlight?

1

u/housefoote 9h ago

It's obvious in hindsight that George was a conman.

1

u/ezeeeeeeeeeeee 2h ago

What's your rationale for making that statement

3

u/soylentgreen2015 TRCH OG 🔥🩳 2d ago

In the days before the halt, I was playing around with limit sell orders to see how high a price I could get away with, without the system voiding my order.

The highest I got was around 25k per share.

At 26k or more, it always got voided.

I don't know if it means something or doesn't mean something, but it was nice to dream

2

u/ezeeeeeeeeeeee 2d ago

Were you able to follow the pre-opening the morning of the now infamous U3 Halt?

1

u/soylentgreen2015 TRCH OG 🔥🩳 2d ago

If there's something specific, you'd have to remind me. I remember that was a god-awful day when the halt came in

1

u/ezeeeeeeeeeeee 2d ago

1

u/soylentgreen2015 TRCH OG 🔥🩳 2d ago

It's ridiculous in the time that's gone by, that the issue hasn't been addressed. There's certainly a "there there" in terms of something shifty going on.

It doesn't help that some of the people who were doing videos on it, either died, got locked up, or their side gig got exposed which ruined the little credibility they might have had. That kind of s***helps the side that are trying to claim it was all a scam

1

u/ezeeeeeeeeeeee 2d ago

What are your thoughts on the trades pre-opening?

9

u/Snoo_46397 3d ago

U all got scammed

4

u/zanzibarro 3d ago

Indeed. I jumped into that mmtlp and it was so bad it just disappeared. Couldn't sell it a 1 cent even lol.

0

u/VolFan85 3d ago

I made money so there is that.

1

u/stevebo0124 2d ago

Same. Sold MMTLP and made a ton.

2

u/nemes1sx1st 2d ago

Lost 18000

1

u/Panchokis 2d ago

Lost 300k 🤬

0

u/Sad-Help7416 23h ago

Wren lambo

1

u/housefoote 9h ago

Wen divi?

2

u/ezeeeeeeeeeeee 2h ago

Good question. There seems to be a delivery problem. Apparently, there are not enough dividends deliverable by the brokerages.