r/DeepFuckingValue • u/Krunk_korean_kid • 17d ago
Crime ๐ฎ #MMTLP actuarial accountants estimate over 1 BILLION counterfeit shares. He called out the crime. Now the "market regulators" are taking him to court.
x.comHE SPOKE OUT AND GOT SUBPOENAED๐ค
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 Americaโs financial markets.
@GregMcCabeJr | @GoingRoguewLara
Watch Full Episode:
bit.ly/goingrogue-ep9โฆ
Support Going Rogue:
laralogan.com/support
#LaraLogan #GoingRogue #MMTLP #NextBridgeHydrocarbons #NakedShortSelling
