There are Folks who don't have the ability to sell the dividend shares because their Broker/s don't allow to sell them and there are a lot of Folks and Whales who own dividend shares who are going to hold until it goes Private.
If you have MMTLP shares the choice is yours if you want to sell before it goes Private or to hold your shares and get a 1 for 1 share of a potential OIL & GAS Company. There will be a deadline given of normally 10 to 15 days before it will go private into a company called Next Bridge Hydrocarbons. So what is about to happen is The SEC are about to give the approval of filings with them for MMTLP to go into a Private stock that can no longer be traded. You may not know this but Hedgefunds pay people to sow FEAR, UNCERTAINTY & DOUBT in stocks to get people to sell so they can scoop up cheap stocks or to bankrupt Companies that they short the stock of, so they don't have to pay for the shares they have borrowed to short the stock to ZERO. I want to also advise to be wary of the FUD that has been happening and is likely to ramp up as this event is taking place.
These are the OG's of MMTLP and of MMAT they have been covering this for a lot longer than I have and have very good videos explaining what has been going on. You won't miss out on anything if you give it at least a couple hours of your time to understand how this is so different to any event that has happened before with a stock: If you are new to this ticker or you are not sure about what is about to happen I will try and lay it out in it's simplest terms, however I would implore you to go look at the videos on Youtube for the following folks and do your own Due Diligence. I am by no means an expert and I am not going to give you the war and peace story on this because I could be here forever typing and I do not want to do that. Even though there was no shares to trade they effectively used synthetic shares / naked shares whatever you want to call them but created out of nothing! So for the past year retail and Big Institutions have been buying up more and more of these synthetic shares and remember only about 165million shares were ever issued. We know shorts got trapped when it changed from Torchlight to MMTLP and this was a preferred share dividend meaning it should never have been traded but as we all know things happen and Market Makers started to trade it over a year ago. I know a fair amount about the Company MMAT and what happened leading to this UNIQUE event that we are all about to experience. I have been in this for over a year just after MMAT purchased Torchlight and issued the dividend A preferred shares, you now know as MMTLP. I originally posted this in the now locked reddit /r/MMTLP forum on and I have made a few edits. Ok Folks I'm going to give my own perspective on what I am going to do.
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