1/21/2024 0 Comments Meta materials special dividendThe opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Read More: Penny Stocks - How to Profit Without Getting Scammed If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that ’s writers disclose this fact and warn readers of the risks. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. Investors would be better off putting their capital in a less speculative company. HALIFAX, NS / ACCESSWIRE / Ma/ Meta Materials Inc. It seems that Next Bridge is just getting off the ground and investing heavily in projects while collecting minimal revenue. Next Bridge’s consistent losses have also caused its auditors to issue a “‘going concern’ audit qualification.” This will provide the company with funds but dilute existing shareholders in the process. These could be collected through joint venturing of projects or equity or debt financing. Next Bridge has also warned that it will need to raise capital in the immediate future. In addition, the company had a cash and cash equivalents balance of $2.1 million and short-term debt of $21.15 million as of Sept. During that period, Next Bridge reported a net loss of $4.76 million, bringing its total accumulated deficit to $72.95 million. 30, the energy company reported revenue of just $30,124, while operating expenses totaled $3.84 million. A total of 165,472,241 shares will be distributed and shareholders will receive one share of Next Bridge for each share of MMTLP ownedįor the nine months that ended Sept. 14 will be required to transfer their shares of Next Bridge to the buyer of the MMTLP shares. Shareholders who sell their shares after Dec. Torchlight Announces Payment of a Special Series a Preferred Stock Dividend, a 1:2 Reverse Stock Split and Planned Closing of the Arrangement Agreement With Metamaterial, Inc. Shareholders of MMTLP who sell their shares on or before Dec. MMAT Stock: MMTLP Shareholders Prepare for Spinoff
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |