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Metamaterial Inc C.MMAX

Metamaterial Inc. is an advanced materials and nanotechnology company. The Company develops new products and technologies using sustainable science. Its META technology platforms enable global brands to develop new products to improve performance for customers in aerospace and defense, consumer electronics, 5G communications, batteries, authentication, automotive and clean energy. The Company’s products include NANOWEB, holoOPTIX, ARfusion, metaAIR, glucoWISE and NPORE. Its nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Through research and development, it is pioneering cutting edge wireless devices in medical diagnostics and monitoring. NANOWEB is its revolutionary transparent conductive film. Its aerospace & defense solutions range from optical filtering to EMI Shielding, to de-icing and de-fogging. Its holoOPTIX holographic optical components are fabricated on META’s Holography platform.


CSE:MMAX - Post by User

Comment by Countrin2tiveon Jun 26, 2021 7:12pm
237 Views
Post# 33456685

RE:all the best monday

RE:all the best mondayDave, I have to admit that I am having trouble getting my head around this. I don't think the closing price of MMATF has anything to do with the calculation of opening price for those who owned CSE MMAT shares. We were promised as a base calculation 3.690 new shares per 1 share owned with value based on closing price of TRCH ($4.95 US). The only thing that changed was the 1 for 2 reverse split, meaning that the 4.95 US dollar would have to be doubled when making the calculation using 3.690/2. Therefore, I think the calculation would be...

(1 CSE MMAT Share X 3.690/2) X (2 X closing TRCH $4.95 US) = Opening NASDAQ MMAT SP $18.27 US. 

Anyhow, if that seems too good to be true, maybe it is, and I expect quite possibly at the onset to be wrong... .  Also, it may not mean a thing if our trading platforms have not made the transition allowing for our observation and action if needed. 

That said the short squeeze is at least intriguing, and the Meme crowd may have hold of this and none of what I have just pontificated about matters, which may be a good thing for current holders. Check out  
https://stocktwits.com/symbol/MMAT and see what I mean.
 
Good luck all.
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