When the regulators collude to DEFRAUD the investing public, that IS a matter of NATIONAL SECURITY. #MMTLP #FinraFraud
Joined December 2022
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So does this mean that you will take action on financial fraud, even if the regulators themselves are at fault? @TheRobbCarter
Stealing from Missouri taxpayers will not be tolerated.
Yesterday, the first Show-Me Fraud Task Force meeting was held in our office, bringing together state leaders and our federal partners to advance cross-agency collaboration.
Through proactive enforcement and a relentless commitment to protecting taxpayer dollars, we are strengthening our efforts to prevent fraud and hold those responsible accountable.
We are united in this fight and we are not backing down.
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@grok Summarize how Tim Burchett can use the MMTLP situation as an example of why the stock trading bill should be passed.
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Tim. Use MMTLP as the perfect example why the stock trading bill MUST pass. MMTLP has EVERYTHING YOU NEED, corruption to the core at the expense of the tax paying Americans! Hundreds of VETERANS RIPPED OFF. Housholds destroyed. All because of congressional GREED not stopping it.
@SECPaulSAtkins 👀👇 MMTLP
A perfect clip from @POTUS @realDonaldTrump. MMTLP investors were DEFRAUDED by FINRA and SEC who colluded to against American investors, to cover-up MASSIVE FINANCIAL FRAUD, Naked short selling and massive corruption. 👀👇
@POTUS @realDonaldTrump For the love of god, watch this clip about MMTLP and how FINRA colluded to defraud American investors. We ARE @nickshirleyy. We were defrauded out of BILLIONS by the very people who were tasked to protect us. The evidence we gathered is overwhelming.
Hey @SECPaulSAtkins 👋👇 Here's the contact info. Use it!
Did you hear that @etrade? 😀 MMTLP Nextbridge divi....
President Donald J. Trump announces the Fraud Whistleblower Incentive Program:
"All Americans will now be able to go to the fraud.gov and report cases of corruption and theft of taxpayer dollars in their communities... If you turn somebody in and you let's say report and find $1 billion, we are giving a commission to that person of 1%. That's a lot of money."
Hey @SECPaulSAtkins. Why is David Woodcock ignoring proof of counterfeiting stock in MMTLP? What the hell kind of criminal organization are you heading up?
Here 👇 @nbhydrocarbons CEO Greg McCabe commenting on reaching out to @SECGov Director of Division of Enforcement, David Woodcock.. "I have DEFINITIVE PROOF of Counterfeit Shares" Crickets 🦗 $MMTLP 🤯
He just wants a meeting, @SECGov 🤷♂️
Make it happen @SECPaulSAtkins! 👊
@JDVance 👀👇 check it out. American travesty wrapped in deception and collusion.
I don't think he mis-spoke!
Towards the end of the clip Stone says that rule 6490 is used to declare certain corporate action submissions deficient, and not process them, if we believe they are related to fraud, OR WOULD OTHERWISE THREATEN THE CLEARANCE AND SETTLEMENT SYSTEM.
FINRA ignored their suspicion of fraud (image 1), they overstepped their role, authoring the MMTLP Corporate Action, then revising the Corporate Action after speaking to the DTCC/NSCC (AKA The Clearance and Settlement System).
The outcome is that FINRA claimed they protected hypothetical investors that "might've" been able to open New Positions in MMTLP after 12/8, which would've been an issue relating to settlement and clearance that FINRA wants us to believe they didn't discover until after the 12/8 trading day, after two MMTLP Corporate Actions were published.
But both MMTLP Corporate Actions informed the Corporate Actions Department of EVERY brokerage that purchases after 12/8 would not be entitled to the Next Bridge Hydrocarbons Distribution, and FINRA's Rule 11893 allows them to nullify any transactions from brokerages that didn't understand plain English.
So FINRA chose to permanently harm the actual investors in order to protect hypothetical investors that still had an extra layer of protection.
Going back to what Chris Stone said about protecting the clearance and settlement system from threats...
If the MMTLP Corporate Action submission was just deemed deficient and not processed, the threat to the clearance and settlement system would not have gone away.
By processing the MMTLP Corporate Action, but hijacking it to instead be centered around FINRA's deletion of the trading symbol effective December 13th (40 hours before the actual EXCHANGE), FINRA was able to eliminate the threat, U3 halting trading before the December 9th trading day, removing the ability for forced liquidations and Position Close Only transactions to take place on December 9th and December 12th.
It's either this, or you truly believe that FINRA neglected to recognize an issue with the timing and structure of the Corporate Action that FINRA itself created twice, the final revision occurring directly after speaking with the DTCC/NSCC without the issuer being present or consulted.
You aren't afraid to tackle the hard hitting subjects @patrickbetdavid. Let's talk about MMTLP. 👀👇
@patrickbetdavid
4 minutes 👀 This is the Twilight Zone on CRACK! 👇youtu.be/HFEXonbypoU?is=exP1…
Take a look @SECPaulSAtkins 👀👇
124,000 INVESTORS, ASSETS FROZEN
Lara Logan asks Next Bridge Hydrocarbons Chairman and CEO Greg McCabe about the human cost of the MMTLP controversy and what has happened to the 124,000 investors caught in the middle.
McCabe says shareholders have contacted him about losing access to retirement savings, college funds and money they had counted on for their families after MMTLP trading was halted and their investment became tied to shares in the private, illiquid Next Bridge Hydrocarbons.
He also says he has heard of three suicides connected to the financial fallout, while making clear he does not know the specific circumstances surrounding those deaths.
Lara presses McCabe to explain how a trading halt could leave investors unable to access their investment and why, more than three years later, so many shareholders are still demanding answers. @GregMcCabeJr | @GoingRoguewLara
Watch the full episode:
bit.ly/goingrogue-ep992
Support Going Rogue:
laralogan.com/support
#LaraLogan #MMTLP #NextBridgeHydrocarbons #StockMarket #RetailInvestors
@SECPaulSAtkins 👀👇 We need answers. MMTLP
What say you @SECPaulSAtkins ? Why is getting help from the SEC a struggle? Who made MMTLP tradeable on the OTC market? Why did Finra approve falsified data for trading and then try to cover it up?
HE SPOKE OUT AND GOT SUBPOENAED
Greg McCabe, Chairman and CEO of Next Bridge Hydrocarbons, breaks his three-and-a-half-year public silence on the battle surrounding MMTLP, naked short selling and the FINRA trading halt that affected approximately 124,000 shareholders.
McCabe tells Lara Logan that after he publicly challenged what he believed were inaccurate statements surrounding the controversy, he was hit with an SEC subpoena just one week later.
He says he turned over everything investigators requested, including his trading and banking records. But after years of fighting for transparency, McCabe says one critical question remains unanswered: What is the actual share count?
Next Bridge had approximately 165 million authorized shares. McCabe says an analysis of his data estimated there could be more than one billion shares reflected across broker-dealer accounts, which he believes could expose the scale of alleged naked short selling.
In this episode of Going Rogue with Lara Logan, Lara and McCabe dig into the unanswered questions surrounding MMTLP, the actions of FINRA and the SEC, and what McCabe says this could mean for retail investors and the integrity of America’s financial markets.
@GregMcCabeJr | @GoingRoguewLara
Watch Full Episode:
bit.ly/goingrogue-ep992
Support Going Rogue:
laralogan.com/support
#LaraLogan #GoingRogue #MMTLP #NextBridgeHydrocarbons #NakedShortSelling