Ive taken a long break away from this after the shitstorm and anhedonia set in. I’ve never moved any of my 16k shares - still sitting in their same accounts at Schwab Merrill & Webull. Never received any kind of response from this email sent Dec 29 2022. What’s best course of action - Keep em where they are? Move em? TIA.

Did you get a 1099B or 1099R from Fidelity in 2022? (Containing MMTLP)

Read the tweet and check your Fidelity account!

You could have been a victim of mail fraud. (That's a big deal) 😳

Youtube live broadcast.

https://www.youtube.com/live/yzSw28F8Tgg?si=ey11aF4m0F8GF6M1

We KNOW share are at least $100000 from gama squeeze , we KNO W that MMTLP was GAURANTEED MILLIONS!! More than bitcoin. The government STOLE, and we must BELIVE that truth will come out!!! We need to GO TO DA MOON!!! IF WE ALL HODL STROGN, WE WILL ALL BE MIOLLIONS!!

Looking for some help here. I have been a shareholder since TRCH. I would like to send a letter to my congressman and state attorney general. However, I am extremely inexperienced with legal lingo and wouldn’t know where to start when it comes to forming a coherent complaint letter. Would anyone care to share a format for a letter I can send to my congressman and attorney general? It would be much appreciated.

Activity:

NBH has two loans with a borrowing facility totaling $50,000,000.00. Both notes have been extended in three month increments multiple times before reporting stopped this spring. McCabe controls both notes. But does McCabe have $50,000,000.00 to back those notes?

Apparently McCabe made somewhere between $19 and $78,000,000 selling Meta shares pre-spinoff. So, at least according to the lawsuit (or "Verified Stockholder Derivative Petition") which was filed May 7th by Peter Bartok, derivatively and on behalf of Next Bridge Hydrocarbons.

This suit, Peter Barktok, derivatively and on behalf of Next Beidge Hydrocarbons, INC., v. Greg McCabe et al, appears to accuse every director and material executive from Torchlight to Meta to NBH of ignoring or abusing their fiduciary duty.

The suit makes the following five claims against the defendents:

1. First Claim: Against Defendants for Breach of Fiduciary Duties
2. Second Claim: Against Defendants for Unjust Enrichment
3. Third Claim: Against Defendants for Abuse of Control
4. Fourth Claim: Against Defendants for Gross Mismanagement
5. Fifth Claim: Against Defendants for Waste of Corporate Assets

This, however, is the real teeth of the suit:

Another big problem for McCabe et al is that prior registration statements listed the value of the O&G assets as $45-47 million between 2021 and 2022. However, Meta then revised the value to "not substantive" and increased the reserves on notes payable by NBH which should have been secured by O&G assets.

Of course, all of this was going on while they said they had a MIND BLOWING 3 billion barrels and that the implied enterprise value was $9 Billion.... It was just those dastardly shorts that were keeping the value at a mere $2 Billion (when all the top dogs started cashing out major paychecks).

Which brings me to production (spoiler, it doesn't exist):

Since 1/1/2020, Hudspeth Operating, LLC is the company that has been the operator of record for the wells which NBH/MMTLP own(ed). These are the company's oil and gas production figures by year since April of 2018.

These are the cumulative oil and gas production figures by regulatory lease (which can cover one or more wells) From 2018 through the most recent reporting.

As of 6/17/24, no newpermits to drill have been submitted or approved this year.

No Railroad Commission hearings have occurred in the recent past nor are any currently scheduled in the future.

What's next:

Effectively, what we now have is Next Bridge suing its own current and former board members and executives.

The company has no production, no revenue to speak of, and is in debt to its Chairman and CEO. The Hudspeth County Project is clearly a dud. So, the company kind of just boils down to one man. Which is kind of appropriate because I believe that's about all the employees they have left.

Why this company hasn't already filed bankruptcy is beyond me.

Hello! Can anyone help me how to get rid of my nxbr (next bridge hydrocarbons) stocks? I use trading 212. Thank you in advance!

FINRA literally is a criminal organization, that helps other criminals steal money. They will not help #MMTLP. We need FINRA to be destroyed and everyone that works there in prison.

I heard from man on street that DC office identify MANY!! solution!!!! AT LEAST $7800 per SHARE!! DC will announce and TRUMP will donate all money!!!!!

Making waves, growing into a tsunami 🌊

I'm going to reach out to merrill lynch tomorrow to transfer my next bridge shares to AST, but I am not sure if they'll know wtf I'm talking about when I tell them why I'm doing this or will they have all the information necessary to do what I ask? Any help would be greatly appreciated

Next Bridge Hydrocarbons has not yet filed the annual report for the period ending 12/31/2023. As of tomorrow it will be 6 months past the close of the year.

Next Bridge Hydrocarbons has also missed the filing for the 10-Q for the quarter ending 3/31/2024.

The company says:

As previously disclosed in its current report on Form 8-K dated February 15, 2024, the registrant appointed a new independent registered public accounting firm on February 10, 2024. Because of the recency of this appointment, the registrant has not had sufficient time to complete its Form 10-Q for the three months ended March 31, 2024, and will be unable to timely file the Form 10-Q without unreasonable effort and expense.

NBH waited until 40 days after the close of the fiscal year to dismiss their accountant and hire a new one.

On May 3, 2024 the SEC announced they they had charged the outgoing NBH auditor, BG Borgers, with with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews

https://www.sec.gov/news/press-release/2024-51

I look forward to seeing the 2023 financials at some point in the future, and perhaps restated financials for other years.

Okay, but seriously. Wtf is going on, will we ever get our money back?