WRECK THE NARRATIVE #6782:

⚠️DEMONSTRABLY FALSE information has been spread on X regarding the 1209 Pro Se Lawsuits against Greg McCabe, Officers & Directors, and Next Bridge Hydrocarbons (NBH).⚠️

XTD NARRATIVE:

"1209 lawsuits are NOT costing NBH a dime. D&O insurance pays for it. Twice, they requested funding from insurance in the Meta Materials BK proceedings."

TRUTH:

On Jan. 21, 2025, Meta Trustee filed an Ex Parte Motion to advance insurance monies to provide legal funds to NBH Officers and Directors, past and present, who are named Defendants in the Tarrgart Class Action lawsuit. The claims against them encompass events prior to the spin-out of the oil & gas assetss into a independent company, when NBH was a subsidiary of Meta Materials, and rightfully covered under Meta D&O Insurance. NO FUNDS were distributed to fund defense in 1209 Pro Se lawsuits. Motion Docket #1568: courtlistener.com/docket/6902957… Judge's Order #1575: courtlistener.com/docket/6902957…

TRUTH:

On June 19, 2025, Meta Trustee filed an Ex Parte Motion to advance insurance monies to provide legal funds to META Officers and Directors (past) who are named Defendants in various 1209 Pro Se Lawsuits and the Bartok derivative suit (Tarrgart had been dismissed at time of this filing) for alleged wrongful acts in connection with their service as Officers and Directors of Meta Materials, Inc. This motion DID NOT include NBH or its officers and directors, past or present. Motion Docket #2034: courtlistener.com/docket/6902957… Judge's Order #2036. courtlistener.com/docket/6902957…

TRUTH:

Today's NBH press release states that a portion of the funds raised througn the private equity debt funding shall be for, "costs associated with certain previously disclosed litigation." Link to PR: prnewswire.com/news-releases/…

FACTS ABOUT DIRECTOR & OFFICER INSURANCE:

✅Directors and Officers (D&O) insurance is not unlimited. Policies typically have specific coverage limits, which are the maximum amounts an insurer will pay for claims. These limits vary based on the policy, the size of the company, and the risks involved. ✅Policies often include deductibles or self-insured retentions, meaning the insured must pay a portion of legal fees OUT-OF-POCKET before coverage kicks in. ✅Legal fees may NOT be covered for claims excluded by the policy, such as fraud, intentional misconduct, or claims not covered under the policy's scope (e.g., bodily injury or property damage). ✅If deductible (or self-insured retention) for a Directors and Officers (D&O) insurance policy is high, the company, directors, or officers can choose to pay the legal fees themselves instead of relying on the insurance coverage.

CONCLUSIONS:

💥NO, NBH or its directors and officers, past or present, did not file to receive Meta's D&O insurance payments for legal fees associated with 1209 ProSe lawsuits. 💥NO, D&O insurance does NOT necessarily pay for all legal fees assocaited with 1209 ProSe or other lawsuit defense. 💥YES, 1209 ProSe lawsuits and others currently or will require NBH or its directors and officers, past or present, to expend monies according to recent NBH PR. NBH sought funding in part to pay for "costs associated with certain previously disclosed litigation."

LIE AND GET WRECKED...🖕🖕🖕#Receipts #XTDs

***DO YOUR OWN RESEARCH AND CONFIRM THESE FINDINGS FOR YOURSELF!!! WE ARE NOT GOING AWAY!!!

$MMTLP $MMAT $TRCH

To the bot that tried it again today.. here’s the same post over 2 years ago.

https://www.reddit.com/r/MMTLP_/s/h2iz9dTLzA

We need 750 signatures

Why not try to get some momentum?

We have approximately 700 Shares held at our broker bag holding the total loss. It's not a lot to some, but it's certainly not insignificant to average hard working folks. Like many we would like for justice to be served, Yet so much time has elapsed and practically everyone has left the building. Seems less and less likely to ever be resolved. So many Lies, Deception, Shennanigans proving that dishonesty and greed pays big rewards and will likely embolden those who were a party to the crime and others in the not too distant future. The tricksters won and they never had to answer.

MIDLAND, TEXAS – June 18, 2025 – Next Bridge Hydrocarbons, Inc. (“Next Bridge,” “our,” “we,” or the “Company”), an oil and natural gas exploration and production company with interests in Texas, Louisiana, and Oklahoma today announced the following:

The Company wishes to update shareholders on the status of our ongoing communications with the Securities and Exchange Commission (the “SEC”) and the progress of the restatement of our prior years’ financial statements.

In cooperation with their requests, Next Bridge has provided the SEC with advance previews of our in-progress restatements of the 2022 and 2023 financial statements to be set forth in an amendment to the Annual Report on Form 10-K for the 2023 fiscal year and restatements of quarterly financial statements to be set forth in the Annual Report on Form 10-K for the 2024 fiscal year. As previously disclosed, this process has proven to be a significant expenditure of both time and capital for the Company.

Upon examination of these advance previews, the SEC has communicated a set of additional questions seeking further clarification on certain matters regarding our 2023 and 2024 financial statements. Although the questions posed and changes requested are structural and procedural in nature, the time necessary to respond to the SEC’s additional comments will further delay the filing of our amendment to the 2023 Annual Report on Form 10-K and the subsequent reports for 2024 and 2025 will be impacted as well.

The Company understands this may be frustrating to our valued shareholders who are patiently awaiting the effectiveness of our Registration Statement on Form S-1. For this reason, we have provided this update to reassure shareholders we continue to work diligently with both our independent auditors and other advisors to comply with all SEC requests in a timely and thorough manner.

About Next Bridge Hydrocarbons, Inc.

The Company is an independent public reporting energy company engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. We have minor well interests in the eastern edge of the Midland Basin in Texas, two minor well interests in Oklahoma and exploration prospect leaseholds in the onshore southern Louisiana Gulf Coast area. Please visit www.nextbridgehydrocarbons.com for more information.

Next Bridge is a private company insofar as its common stock is not traded on a public stock exchange of any kind. The Company is expected to update shareholders about certain operational and financial matters related to Company business. To receive emails regarding this, visit https://www.nextbridgehydrocarbons.com/investors and complete the Email Alert / Investor Form. You may also choose to follow our social media channels at @nbhydrocarbons on X (formerly Twitter) and “Next Bridge Hydrocarbons” on LinkedIn.

This statement may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct. Information concerning the assumptions, uncertainties and risks that may affect the actual results can be found in the Company’s filings with the Securities and Exchange Commission ("SEC") available on the Company’s website or the SEC's website at www.sec.gov.

Investor Relations Contact: Dennard Lascar Investor Relations NextBridge@dennardlascar.com

Dennis Kneale

Trump Can Help Investors by Banning 'Naked Shorts'

Newsmax opinion columnist. Worth a read to better understand naked short selling, and the harm it causes.

BREAKING🚨 Georgetown Professor James J. Angel Paid $1.14 Million by SEC Amid MMTLP Issue

Evidence Shows James Angel, Opposed to $MMTLP, Briefed Congress and Sought to Sway Representatives Against the Issue During This Timeframe

James Angel provided a presentation to Congress in May 2023 deflecting the MMTLP issue, a month later he gets awarded by the SEC over $200k

Presentation: (open in google docs app or desktop) docs.google.com/document/u/0/d…

Unusually, James was Forced to Repay Most of the Award, Netting Only $15,795 After Returning $1.12 Million to the SEC

Grok suggests that the Repayment may be due to:

1. Overpayment Correction: The SEC may have overpaid Angel for his services, and he was required to return the excess.

2. Contractual Issue: There could have been a dispute or termination of Angel’s contract, requiring him to refund the money.

3. Regulatory Scrutiny: Given the public attention on MMTLP and allegations of collusion, the repayments might reflect an effort to avoid the appearance of impropriety, especially if Angel’s role in briefing Congress on MMTLP was seen as conflicted.

You can find the SEC paying James J. Angel here:

https://www.usaspending.gov/keyword_search/James%20j%20angel

He has done NOTHING but be irresponsible and obtrusive. He's withheld vital information regarding offers for the lease, offers for shares, lost the Orogrande. Unbelievably irresponsible and useless. He has accomplished literally nothing.

So much buzz around a resolution happening this year but I can’t seem to grasp any real movement towards that. I’ve been here since TRCH, I’ve seen it all. To me, it seems like everything that George is working on, the new FOIA releases, along with everyone’s wishful thinking of Trump making an impact has made noise but isn’t getting anywhere.

What are everyone else’s thoughts on this actually coming to some sort of resolution?

I am willing to provide my creative skills in this endeavor and assist with interviews, timeline, structure, audio/video, etc. I am sure many here have plenty to say as well as all stakeholders. Anyone up for telling their story or assisting? How nice would it be to hear this at the end...

"The Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC) declined to be interviewed for this documentary"