![]() ![]() There is more to this, explaining in the merger section below. If you are unable to buy Meta, you can still buy Torchlight TRCH and after the reverse merger you will have an interest in MMATF. There is currently low volume at these prices so your order may not fill immediately, if there is an increase in price action the volume will also increase and orders will fill quicker. *Important note–Metamaterials is currently listed in Canada as MMAT, but you can buy it on some US brokers as MMATF. While I see how a partnership between the two could be promising for both companies, my price targets exclude these rumors). (There has been a lot of speculation over META’s co-location at a Canadian incubator facility with TESLA and several cryptic Tweets sent out by Elon Musk. Therefore, this is a short term 2x and midterm 3-6x play. With and end of year range of $8-$20 depending on production numbers and new partnerships. After the merger and up-listing to the NASDAQ, I expect META to be trading no lower than $5. Metamaterials Technologies, known as META ( MMATF:US MMAT:CAN) is currently trading at $2.66 as of. ![]() ![]() Upcoming catalysts – merger vote, up-listing to NASDAQ, access to large capital markets and scaled production For reference my old DDs can be found at the sub named after me - PennyQueen Both are solidly positioned to change our world in this new technological revolution that is just beginning. While they are completely different companies there is some industry and technology overlap. I have not been this excited about a company since my discovery of Microvision. I believe that if you find the technology, the money will follow. Metamaterials and Torchlight Energy both fit these requirements, I am not a financial advisor, I am a mom and a professional firefighter, do your own DD. Basically, I am looking for penny stocks that should not be. For it to make sense to me, the company must provide me with a large near-term upside and continued long-term growth. My standard disclaimer -Before you read any further, I want you to understand what I look for in an investment I invest in companies that are undervalued, possess world changing technology and have a large potential catalyst upcoming, whether it be financial changes, a market inflection point, buy out or pending regulatory approval. The merger is complicated for many reasons, and I am personally thinking of it more as a PIPE/SPAC play- to be clear we are talking about a publicly traded company providing capital and NASDAQ access to another through a merger. This may be the longest DD you’ve ever read primarily because it is three DDs in one. I will be updating this tomorrow after speaking with the CEO of META George Palikaras. This is my initial research on Metamaterial Technologies, Torchlight Energy and their upcoming reverse merger. Hydrocarbons to Carbon Nanotubes - META and Torchlight Merger DD r/Stocks I /r/Stockmarket I /r/canadiandaytrading/ No threads on pennystocks or microcaps (market cap under $500mm or stock price under $5) "Thoughts on xyz" or "what to buy" or general discussion belongs in daily thread No Disrespectful/Attacks on members of the Community Gain perspective but trade at your own risk. This subreddit is a place to discuss anything and everything related to investing. On the date of publication, Robert Lakin did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.Grow together in a community of Canadian Investors who look to actively manage their own portfolio. Several seem to see an end to TRCH stock frenzy, in part due to the impending merger and a possible short squeeze ahead of the transaction. The oil and gas exploration and production company based out of Plano, Texas, has become something of a regular on meme chats and threads, like Reddit’s r/WallStreetBets and other subreddits, in recent weeks. With its four full-time employees, Torchlight’s business doesn’t seem like it should attract the sort of social media love that it has. TRCH Stock Continues to Surface in Meme Chats With the decision by the two merging companies to extend the outside date for the merger to happen, there’s now enough time to enable payment of that special dividend, which will now be on June 25, they said. ![]()
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