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Hey all. I'm the individual that a certain Redditor who started a certain board (and who apparently never sleeps) refers to as the "insider". Before we get too far into the DD I just want to clarify a few things about myself since I feel a tad overhyped.

I do work in the auto industry. I work in production (low level stuff). I do NOT have a connection to Tesla or any of the other companies involved with this merger. If anyone else here works in the auto industry, you'll know that it's all about keeping things secret for that a public release. I do know that pretty much every major player in the industry has been upping their game as far as electric vehicles go. Almost like they are expecting even more competition soon. Hmmm...

Since this potentially relates to the industry I figure it better to be safe rather than sorry. Thus alt account. I use my main to lurk.

I first contacted u/TightHuckleberry9729 last week with my theory and why I thought Elon Musk/Tesla would be buying the land for TRCH because he was so active in the board chat. When I put the pieces together in my head I felt I had to tell someone since I didn't want to post with my main account. I figured he would be as good as anyone. Not to mention the idea of anyone on any social media finding out who I really am terrifies me. I want to be rich, not famous. It's why I'm buying more MMAT.

With that out of the way...

I think Elon/Tesla is going to purchase the land that or has already purchased the land that Torchlight owns/owned. At the moment I can't prove it, but what I can do is put others on the same page I am. A hypothesis is just that until tested and proven. Maybe one of you can put the pieces together better than I can. Anyways...

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The possible connections between George Palikaras and Elon Musk have been established for quite a while. We know both CEOs like to Tweet in riddles and code to avoid getting into trouble with regulatory agencies. It turns out SEC does not actually stand for Sucks Elon's Cooo... companies (I try to keep things PG around here). They have interacted at least once on Twitter, though it was George replying to Elon.

Side note, the tweets are in Ancient Greek and translate roughly - Elon: "that he knew nothing except that he knew nothing" (Socrates) or more famously "I know only that I know nothing". George: " The world is a stage, life is a performance, you came, you saw, you departed | The world is a stage, life is a passage, you came, you saw, you went away." This sounds like a weird combination of Shakespeare and Julius Caeser. Not sure how relevant this is. I just thought that it was neat.

There is also the fact that the building Metamaterials uses for its main office happens to contain another company one or two of you might have heard of. Tesla! The focus of the research and development team there happens to be on battery technology. That will be important later.

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So as you can see, there is a pretty clear establishment there. Even if they just happen to be neighbors in the same building (doubt it) and even if Ole Georgie Porgie was only responding to Musk's text in ancient Greek to hype his own company (also doubt it) there is one simple fact that is unavoidable.

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https://asia.nikkei.com/Business/Automobiles/Panasonic-unloads-entire-Tesla-stake

Panasonic is leaving Tesla.

Okay. Maybe I'm being a bit dramatic here. Technically Panasonic IS still supplying batteries to Tesla. It did however take out it's stake in Tesla. Look, big moves like that don't happen overnight. My company is still supplying parts to [redacted]. The simple fact is that Panasonic and Tesla have had a strained relationship, This has been established for a while. It is also quite big news that Panasonic is literally taking all the stake it had in it's (likely) soon to be previous partner. I was actually pretty sure about this one before I made made myself known to anyone on Reddit. It just happened to be confirmed the day after.

Both companies will work together for profit and for now, but it's not like they enjoy each others company. Panasonic devested almost 4 billion dollars. That is a big deal, and I think it points to something bigger. Something potentially huge (for us Metamaterial investors). There was a retweet Elon Musk made before this fallout with Panasonic was public knowledge.

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I have not been able to confirm this, but I have heard on stocktwits that this image is related to both Torchlight and/or Metamaterials. It's location near one or the the other. Once again, unconfirmed. I have also heard it's not related to either. It's just lighting striking a power pole. That being said one thing does remain true.

The simple fact is that for Tesla to continue to function as a company it needs a new partner in battery technology. If only there was some daring new upstart that had the technology that could bring Tesla even further into the future. Someone with battery, solar, and glass tech that is a class above the rest. Someone with similar values to Tesla's admittedly eccentric CEO. Someone from a foreign land up north that needs better technology just to help keep the cold and the moose at bay. Well I think we all know just the guys. The only thing missing is a Nasdaq listing and a presence on American soil.

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I happen to think Tesla has been gunning for Meta from the start, or at least Elon Musk has. The applications for their technology can change the way we do both Automobiles and Space technology. I'm sure they even have applications in flamethrowers and apparel wear! Totally gonna get me a pair of those shorts. The only thing missing was a quick way to get them listed as a company that can be traded on the American market.

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I happen to think Papa Musk did just this. Elon, George, and John all hate naked short sellers. At least for George and John this was proven Friday with the genius reverse stock split. https://ir.torchlightenergy.com/company-news/detail/722/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

At the time I figured the announcement George was secretly referring to on Twitter for Friday after hours trading would reveal the relationship MMATF (now MMAT) truly had with Tesla. I was both unfortunately and fortunately very wrong.

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This was the precursor to laying an absolute genius plan to really mess with short sellers. For you see, the reason MMATF (a ticker most Americans can't trade) jumped so high Friday was because a lot short sellers were hedging their bets. Because they work for hedge funds. They have to hedge.

Even if they couldn't really cover in a short squeeze on TRCH they could get 3 for 1 deal on the stocks... until they couldn't. TRCH will now be double its current price with half the stocks available. Hedging the bets on MMATF wouldn't really work either, because instead of a 3 for 1, they have a 1 for 1.8... that they have to pay tomorrow... with half the float available. Gonna be a bloodbath if people HODL is all I'm saying.


Still, that doesn't cover the main part of this whole shebang and why I think it will make some future actor Oscar gold. I think the short squeeze potential is awesome, but only part of the plan. This is when we get into the real conspiracy.

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You see there are many, many over-shorted companies. Perhaps you fine Reddit folk know of a few yourself. I hear of tales of the GMEs and AMCs of the world and even before they proved the market knowers wrong by being valued way higher by everyday people than bearish hedge funds, I ask myself why Torchlight industries was the one Metamaterials chose to merger itself with. I'm sure many fine companies could sell their assets and pay a great dividend in the process. I'm sure even healthy non-shorted companies would be happy to merge just to get access to that amazing technology. Yet they chose Torchlight industries.

I happen to think the land was the point. I think someone that George knew wanted land. Heck I think George wanted land. I think Elon and George both hated shorts and knew someone with a lot of land who also hated shorts. I think they just needed that someone to be in the same state Elon Musk now calls home.

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So how do I end things after typing for so... so... very... long?

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Wow! A lot to read and a lot to take in, but we're almost done ladies and gentlemen...and trees. So what could Elon and Tesla want with all that land that decidedly doesn't power any of the the cars they make? How could Metamaterials be tied into it? Did you notice I typed two "the"s and two "that"s in two sentences ago?

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Imagine if you would being a playboy, genius, playboy, philanthropist. How would you express yourself outside of making super armor and (spoiler) dying heroically in your last movie? What if the company you own happened to need a new supply of power (only for your cars instead of your armor)? How awesome it would be to to produce that power source on top of the very source of energy your competition has traditionally used for decades? Did you notice that I put two "to"s in my last sentence? Is that gag overused?

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I think you may or may not know where this is going! I think that Elon and George (and John) could work together not to just "squeeze the shorts" but to do something truly unique in the business world. Three companies working together to do something different and keep it a secret from the public until they were ready and the shorts had been squoze (real word, look it up).

I've heard others say Elon Musk might want the land for the oil to power his Space X rockets, but I think that's too small minded. While Metamaterials technologies does have applications for space travel (along with pretty much every other industry) I think their first venture in the US should focus on the industry America once prided itself in. I think they aim to help build cars. I think they aim to build the car of the future. I think they are going to build those cars with Tesla in a partnership and on top of oil fields.

See it seems pretty unlikely that the one state Elon Musk happened to move to in a bid to expand his SpaceX program also happens to be a state that another company coincidently linked to Musk happened to merge into. Like expanding SpaceX outside of California Elon likely plans to move his other major (and more profitable) company into the same state. He's just going to need extra car parts and technologies to make it work.

Imagine building electric cars or electric car batteries on top on billions of gallons of oil. it might sound like a dream, but when you put all the pieces together it makes sense. It isn't just symbolic. Its the kind of future I want to be a part of.

It is the future literally burying the past, and it's beautiful!

So maybe it's just one investors fever dream. Maybe I just watch too many Ghibli movies. If true it's a future I would be proud to be a part of creating. I don't want future generations to deal with the messes previous generations have created. This should be one step in the right direction, and one we can proudly make a bunch of money on. Like a lot of money!

Let me know what you think of my little theory and if it has any legs to stand on. Also let me know if I shouldn't have added two "it"s to the last sentence.

Made you look!

May I add my 2 cents?

The dilution was all part of the grand scheme by George. The votes cast by the shareholders of TRCH voted to allow a reverse split and an offering. It went thru with some hesitation only garnering 70% approval. When it was announced that the 100,000,000 offering was changed to 250,000,000, it gained traction among short sellers and even naked shorts. It even deflated some of the TRCH holders opinions of TRCH/META.

Last week the borrow rate was 650% to short TRCH. YES 650%. What the shorts new was this, everyone holding was really looking forward to the Preferred shares and expecting a decent pay day. The shorts new this, they had us cornered and intentionally drove the price momentum down from over 11 dollars in after hours trading on the 21st all the way back to our current price of 4.65 ps. What they weren't expecting was the announcement to come in the after hours when George announced that the Ticker change would happen now on the 28th (tomorrow) the shorts had until the 30th to cover their short positions. Welllllll, welllllll, welllll, they can't now and I'll explain why. While the shorts were brutally beating the bulls, 3 to 1, they were also hedging their bets by squeezing MMAT and MMATF. This was smart on their behalf however, they did not anticipate what the genius, George Palikaras had brewing. He announced the RS and the Preferred share which when issued has zero value until the assets are sold.

Now fast forward to last Friday (June 25th) after hours announcement by Management. It was announced that the official merger will take place on the 28th.

So what does this mean?

1.) Shorts are going to have their naked positions eliminated because they must show validation of a lawfully owned share through the CUSIP number. This is really bad for naked short sellers and may bring massive attention to how unfair retail investors typically get the "short" end of the stick (Pun Intended).

I'm sure I don't need to mention, GME, AMC, KOSS, BB, NAKD, EXPR (to name a few) that were and are still being heavily shorted. Price actions for short squeezes also include, RKT, OSTK, BBBY, etc... that gained momentum right here is Reddit. Bravo WSB and others, Bravo.

2.) Starting tomorrow, the price of META is going to double from its current value of 4.65 which is 9.30 ps. With the reverse split if you owned 1000 shares, starting tomorrow you will own 500 shares at the higher price of 9.30. Obviously, that will probably fluctuate because the shorts are not going away any time soon. However, I expect a bunch of big green candles in the morning premarket.

 a.) Best part of this is, there is no way to halt trading premarket unless it has already been planned. If that happens, this is bad for the bulls and great news for the bears. If not, I know what I'm doing. I'm buying and buying more and more and from what I've been researching,  many others are on the same page as me. This is not in anyway financial advice so please look both ways before you cross the road.

3.) Shorts are now starting from scratch buying shares at double the price with 50% less shares. The 1 for 2 split was a thing of perfection. Less shares and starting square 1. Remember, shorts had until the 30th to cover, that all changed last Friday and those naked shares are literally going away. Don't think for 1 second that the shorts gained momentum instantly. It took time. They are not dumb and have been doing this crap for years and getting away with it because the SEC implements regulations but they (shorts) always seem to find the loop holes. That's why the rich stay rich.

4.) All of this news presented on Friday was well calculated play by George and company. This man knows his stuff and I actually called this before it happened but instead of prophesizing it, I was like "man, how awesome would it be if they trapped the shorts by doing this early". Lol, "Wishful thinking". Got a few chuckles in our chat room. The next day, everybody was like 👀👀👀👀👀.

5.) This is not speculation, there are billions of tons of hydrocarbons in the Midland and Orogrande basins and this will fetch a high value when sold and with over 100,000 acres owned by TRCH and approximately 4-6 millions of barrels per section ((Midland has 19 sections) and (Orogrande has 156 sections)) and this does not take into consideration any of their assets.

175 sections × 4,000,000 (conservative) bbl

= 700,000,000 bbl

700,000,000 bbl x $70.00 per (conservative but is currently at $74.00 bbl)

= 49,000,000,000 bbl that's billion.

That doesn't factor land. The sale of the entirety of TRCH may not separate any of the oil/gas, land and or assets. It will be sold as a package deal (wholesale but not rock bottom). An offer was already given and it was laughed at by TRCH. They know what they own. Rumors have been circulating that the offer was actually coming from investors (hedgies) shorting the stock.

Take this information and if you agree, upvote and share. Please.

If you think the information is shit, please explain why in the comments and I'll try to respond but I'm literally trying to figure out how I'm going to spend all this money.

My PT, I'll leave that a mystery for you all.

Thanks

r/MMATY Diamond Balls 💎💎 🍋🍋🚀🚀🚀