metamaterials tesla merger
Perform your own due diligence and consult a financial professional before trading. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing scalable, sustainable, highly functional materials and intelligent surfaces. In November 2020, Torchlight extended an existing letter of intent with Metamaterial to work toward a definitive merger agreement. Two of the project sites are under contract to be sold and the largest asset, the Orogrande site, is likely an extension of the Permian Basin and is being marketed to major and super major oil companies. Our Tesla Roadster expertise is particularly unparalleled and our electronics lab offers advanced services including PEM repair and rebuilds, ESS Battery Pack repair and recovery, firmware upgrades, and a variety of aftermarket products. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. His Substack newsletter,TLV Strategist, covers the Israel business scene. Metamaterial has some interesting products at the moment. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by those sections. CTO Jonathan Waldern stated, Under a new brand name, metaFUSION, we are now applying that proven technology and other functionality directly encapsulated into eyeglasses, to compliment waveguide-based displays similar to HoloLens.. Google finance notes a 21.48% year over year revenue increase and META claims a $121m a year revenue potential over the next 18 months. I wrote this article myself, and it expresses my own opinions. Article printed from InvestorPlace Media, https://investorplace.com/2021/06/mmat-stock-meta-materials-hits-nasdaq-as-trch-stock-merger-closes/. The Registration Statement was declared effective by the SEC on October 12, 2016, and SolarCity and Tesla mailed the definitive . Such statements are based on the current expectations and views of future events of the management of Metamaterial and are based on assumptions and subject to risks and uncertainties. PLANO, TX and HALIFAX, NS / ACCESSWIRE / September 21, 2020 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight") and Metamaterial Inc. ("META") (CSE:MMAT), a developer of high-performance functional materials and nanocomposite products, announced today the execution of a non-binding letter of intent ("LOI", signed on September 15, 2020), for Torchlight to acquire 100% of META and to divest within the first half of 2021 Torchlight's oil and gas assets for the benefit of Torchlight's legacy shareholders (the "Proposed Transaction"). Pertinent deal terms are as follows: Torchlight and Metamaterial invite all interested parties to view a webcast introduction of George Palikaras, CEO of META and an overview on META. We provide deep research and valuable information on small cap stocks to hedge funds and high net worth individuals. His Substack newsletter,TLV Strategist, covers the Israel business scene. Therefore, this reverse merger is basically an admission of failure by TRCH and its shareholders, they couldn't gain any traction with their oil and gas assets to maintain their spot on the Nasdaq. Short squeezes rarely last long and Torchlight is selling shares, which is a very good scenario to take a short position. "I am excited to work with them and equally excited about the outcome for our faithful Torchlight shareholders. Like I explained in my article on KULR Technology Group (KULR), this is what I like to see in a startup a rapidly growing market and great products and partnerships. Colleran, who has previously served as CEO at ventures including Impinj and AnswerDash, said Lumotive is pursuing a step-by-step plan to catch the rising tide. The Combined Company shall use its commercially reasonable efforts to cause the Torchlight oil and gas assets to be sold by June 30th, 2021. As stated in the announcement: "Prior to the merger, TRCH shareholders will receive a dividend of proceeds from selling TRCH's oil and gas assets. For additional information on Torchlight, please visitwww.torchlightenergy.com. If the dividend or share buyback yield is high - even better. 2023 Meta Materials Inc. All rights reserved. In December 2020, Torchlight Energy Resources and Metamaterial had announced a definitive agreement was signed for a business combination. I am not receiving compensation for it (other than from Seeking Alpha). Typically, mechanical metamaterial properties are programmed and set when the architecture is designed and constructed, and do not change in response to shifting environmental conditions or application requirements. From here, we believe we can now comfortably support our near and long-term growth initiatives, said Ken Rice, CFO and EVP of Meta Materials. The company isnt popular on WallStreetBets, but you can find viral posts on the RobinHoodPennyStocks, pennystocks, and smallstreetbets subreddits touting it as a potential short squeeze. It did sell its interest in its Winkler Project in November for $450K, but that's not a significant sum. A short is more appealing when there's a clear endgame in sight. As a result,. Torchlight also announced that it implemented a 1 . 134,000 acres *72.5% interest at $1000 acre=97.15m + 12.75m (Hazel/Winkler) =109.9m/143.6m shares= 76.5 cent share, Medium Case estimate 3.7 billion recoverable barrels * 72.5% interest at 5 cents per barrel= 134m+12.75m (Hazel/Winkler) =146.75m= $1.00 per share, 134,000 acres *72.5% interest at $1300 acre=126.3m +12.75m (Hazel/Winkler) =126.3m/143.6m shares=96 cent share, 134,000 acres *72.5% interest at $2500 acre=242.88m +12.75m (Hazel/Winkler) =255.63m/143.6m shares= $1.78 per share, 134,000 acres *72.5% interest at $5000 acre=485.75m+12.75m (Hazel/Winkler) =500.25/143.6m shares=$3.48 per share, 134,000 acres *72.5% interest at $7500 acre=728.63m+12.75m (Hazel/Winkler) =741.38/143.6m shares=$5.16 per share, Medium Case estimate 3.7 billion recoverable barrels * 72.5% interest at 50 cents per barrel= 1.34bn+12.75m (Hazel/Winkler) =1.3527b = $9.42 per share, High Case estimate 5.0 billion recoverable barrels * 72.5% interest at 50 cents per barrel= 3.625+12.75m (Hazel/Winkler) =3.638b =$25.33 per share. It appears to only want the Nasdaq listing. Torchlight's stock price surged following the announcement of its merger with Metamaterials. There is no share available for short selling at Torchlight. Shareholders have approved the deal, whose terms stipulate that Metamaterial. - Disclosure: I am not a financial adviser. Torchlight stock closed at $4.95 a share Friday, and Meta Material. With this reverse merger Metamaterials will be brought into the main market with Torch becoming the shell company. Ahead of the merger, Torchlight paid the special Series A Preferred Stock dividend on a 1-for-1 basis to its stockholders of record on June 24. META is currently developing new materials with diverse applications in the automotive, aerospace, consumer electronics and medical industries. Medical Applications META has a strong research base in photonics as well as wireless technologies, they are currently able to enhance the signals 200-500% on MRIs with their resonators and intensity correction algorithms. The market for metamaterials is almost non-existent at the moment but is projected to grow to $10.7 billion SAM by 2030. On December 14, 2020, the companies signed an agreement for the . Prior to closing, Torchlight must raise gross proceeds of at least$10 millionthrough the issuance of common stock or securities convertible into or exercisable for common stock, less the value of loans Torchlight has made to Metamaterial. MMAT has no desire to keep any of TRCH's assets in the combined company. The oil and gas exploration and production company based out of Plano, Texas, has become something of a regular on meme chats and threads, likeReddits r/WallStreetBets and other subreddits, in recent weeks. All rights reserved. To learn more visit www.metamaterial.com. Need more information or have an interview request? Before GameStop, the most famous case was in 2008 when German auto giant Volkswagen (. META designs and manufactures advanced materials and performance functional films which are engineered at the nanoscale to control light and other forms of energy. Torchlight Energy Resources, Inc. (TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. Nasdaq Opening a small short position on the CSE could be a good idea. However, what the MF article doesn't seem to realize, is that the conversion of debt to equity is part of the merger agreement. Neither META or Torchlight has incurred any finders fees in association with this transaction. The Proposed Transaction represents a strategic shift for Torchlight. META has a growing patent portfolio with three core technologies; holographic, lithographic, and wireless sensing, designed for high volume applications. All statements in this release that are not based on historical fact are forward looking statements. These statements may be identified by words such as estimates, anticipates, projects, plans, strategy, goal, or planned, seeks, may, might, will, expects, intends, believes, should, and similar expressions, or the negative versions thereof, and which also may be identified by their context. 1125 N. Charles St, Baltimore, MD 21201. Additional disclosure: I am not a financial adviser. Although the management of Metamaterial believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. CEO and Founder -George Palikaras Ph.D. META is headquartered inHalifax, Nova Scotiaand has R&D and Sales offices inLondon, UKand Silicon Valley. The story is narrative-driven and its not prudent to use traditional metrics such as P/S, P/E, or EV/EBITDA. We predict the spin-off company will be put into an OTC stock. , the company is being covered and promoted by several channels including Moon Market, Alpha Status Stocks, DarrenJacksonTV, Trading With CJ, and Voorhees Trading. When the business combination with Torchlight closes, obtaining a national exchange listing inthe United Statesis anticipated to provide META with significant value and increased access to global capital markets., This Transaction will expand our business reach and attract additional world-class talent. We are very excited to showcase how metamaterials go beyond conventional materials and chemistry, to offer new and highly sustainable solutions with semiconductor precision, at kilometer scale.. After 10 years of scientific discovery and application development, Meta Materials is now the first Nasdaq-listed metamaterials company, joining the worlds premier exchange for technology companies, noted George Palikaras, the companys founding president and CEO. Recall that the company plans to merge with Metamaterial (OTCMKTS: MMATF ), which makes advanced materials. For additional information on META, please visitwww.metamaterial.com, This release includes forward-looking information within the meaning of Canadian securities laws regarding Metamaterial and its business, which may include, but are not limited to, statements with respect to the terms and anticipated timing of the proposed transaction, the intention to raise equity capital, the potential continued listing on the NASDAQ and the benefits thereof, the disposition of Torchlights oil and gas assets, the approval of the Transaction by the shareholders of Metamaterial, the business strategies, product development and operational activities of Metamaterial and Torchlight. Post from CEO of Metamaterial saying first step of merger is complete. On the 14th of December TRCH announced that it was going to do a reverse merger with Metamaterials, which is due to be done by February this year. META has engaged Hamilton Clark as financial advisor on its behalf. On the date of publication, Robert Lakin did not have (either directly or indirectly) any positions in the securities mentioned in this article. Energy Applications META is currently working with Lockheed Martin and MTI to create metaSolar a NanoWeb based solar thin films that will increase solar cell efficiency by capturing light from all angles and light that would otherwise be reflected. META Executive Team has an extremely deep educational background in the hard sciences with a lot of experience creating innovative products. Metamaterials (MMATF) and Tesla (TSLA) Rumors | Why it COULD MAKE SENSE! In 2019 META acquired North, Inc and their roll-to-roll holographic manufacturing tech. I am not receiving compensation for it (other than from Seeking Alpha). Whats behind the move? like what happened at GameStop in March. Oil prices are expected to rise to $80-$100 a barrel in the next six months. $12M is about the value of a clean empty shell Nasdaq listing. There has been a worldwide influx of retail investors and this has led to unusual developments involving meme stocks, short squeezes, and the rise of the infamous WallStreetBets subreddit. Like the other metamaterials . In 2018 META was awarded "Best New Product in Commercial Aviation" by Aviation Week Network at the 63rd Annual Laureate Awards, for metaAIR, a Laser Strike Protection solution to protect pilots from harmful laser attacks without interfering with visibility. The reason why investing in short squeezes is a bad idea is because they dont last long. While they do have revenue and have partnered with major companies (Samsung, Boeing, Airbus), I am thinking of them more in terms of a pre-revenue IPO. , this is what I like to see in a startup a rapidly growing market and great products and partnerships. At TRCH's current share price, Metamaterial would have to have a market cap of around $2B by then in order for longs to make a gain apart from any dividend. The webcast link will be made available and announced shortly. Note that the company isn't promoting the business itself, but this is being done by a significant number of retail investors and traders. That would bring a per share value to TRCH of $12.12M/143M = ~$0.08. The Combined Company, formerly known as Torchlight Energy Resources, Inc., will at closing focus its business to align with the current business of META. TRCH could announce something along the lines of: "with the new interest in our company from investors, we have terminated the merger agreement and will continue to develop our projects.". They are composite structures, consisting of conventional materials such as metals and plastics, that are engineered. We are very excited to sign the definitive agreement with Metamaterial, statedJohn Brda, Torchlights CEO. META has an extensive intellectual property portfolio, a global presence and multiple R&D and product development agreements with government agencies and private enterprises. Basically, Metamaterial shareholders get 75% of the new company. For those who . According to META, the 2nd generation manufacturing line is capable of 100,000+ units per month, to support AR and other holographic products, such as automotive HUD displays, laser glare protection, optical filters, diffractive optics, and other photonic applications. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. META partnered with Airbus to develop and commercialize this technology. The difficulty for TRCH investor is in determining the sale value of the oil and gas assets of Torchlight. I have no business relationship with any company whose stock is mentioned in this article. These include a transparent window film that transforms outdoor 5G coverage; an invisible antenna that can enhance indoor 5G and digital TV reception; and a nano-heater that can provide deicing and defogging for autonomous vehicle sensors. That equals $251.6/1.27 = $198M USD. Do you remember the GameStop (NYSE:GME) short squeeze? That gave it a market cap of only $48M. Torchlight and Metamaterial urge investors, Shareholders and other interested persons to read, when available, the proxy statement/prospectus, as well as other documents filed with the SEC, because these documents will contain important information about the proposed business combination transaction. I could not find anyone willing to go on record. - Andr Kostolany. I am long in TRCH at 36K shares and long in MMATF at 60K shares. This year is weird. Using that market cap, that puts TRCH's value at only $48M x 25% = $12.12M. I am not receiving compensation for it (other than from Seeking Alpha). Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. It will likely be spun off onto the OTC exchange. PLANO, TexasandHALIFAX, NS,Dec. 14, 2020/CNW/ Torchlight Energy Resources, Inc. (NASDAQ: TRCH), an oil and gas exploration company (Torchlight) and Metamaterial Inc. (Metamaterial or META) (CSE: MMAT), a developer of high-performance functional materials and nanocomposite products, announced today the signing onDecember 14, 2020of a definitive agreement negotiated at arms length for a business combination of Torchlight and Metamaterial by way of a statutory plan of arrangement (the Transaction). Please disable your ad-blocker and refresh. The last major purchase in the Permian Basin was in October 2020 when Conoco Phillips acquired Concho Resources in a $9.7 BN all stock transaction, adding 550,000 acres in the Permian basin and 200,000 b/d. META's CEO, George Palikaras to be appointed CEO of the Combined Company, along with the appointment of a new CFO. This discovery coincided with economic collapse of oil due to Covid crisis. Aerospace and Defense- META has extensive experience providing laser protection, de-icing and de-fogging products to aviation companies. This Transaction provides our shareholders with access to the multi-billion-dollar markets that Metamaterial serves and new applications that are being revolutionized with their sustainable technologies, while still allowing our Shareholders at closing of the Transaction to participate in the proceeds of our oil and gas asset divestitures., METAs management, led by George Palikaras, has built an extraordinary award-winning cleantech company whose proprietary advanced technologies address multiple markets and improve their customers capabilities, saidGreg McCabe, Torchlights Chairman. Liquidity is low on the OTC market and there is no data on the availability of Metamaterial for sale. "During the past six months the oil and gas market has softened due to the economic slowdown resulting from the pandemic," stated John Brda, Torchlight's CEO. In connection with the Transaction, Torchlight and Metamaterial respectively obtained fairness opinions. If the merger is approved, a shareholder with 100 shares of Torchlight would receive 100 shares of the preferred stock in the holding company and 100 shares of the new company. Before GameStop, the most famous case was in 2008 when German auto giant Volkswagen (OTCPK:VLKAF) briefly became the most valuable listed company in the world with a market capitalization of 300 billion. commented Ram Ramkumar, Metamaterial's Chairman. Torchlight Energy Resources, Inc. (TRCH), based inPlano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. Torchlight legacy shareholders will be entitled to a distribution of any values attributable to the sale of Torchlight's existing oil and gas business asset (net of Torchlight's debt, and closing expenses incurred in connection with such sale, subject to a 10% holdback to be held for a 12 month period to address any potential liabilities relating to the sale of the oil and gas assets of TRCH's pre-closing business). Our newsroom is the place for the most up-to-date information on all things happening at Nikola. The whole stock market depends only on whether there are more shares than idiots or more idiots than shares. Metamaterial is getting a listing on NASDAQ in an easy way, while Torchlight investors get some money. It has been our goal for META to be a NASDAQ-listed company," stated George Palikaras, President & CEO of Metamaterial. And that's AFTER the merger definite agreement was announced. Often but not always, forward-looking information can be identified by the use of words such as expect, intends, anticipated, believes or variations (including negative variations) of such words and phrases, or state that certain actions, events or results may, could, would or will be taken, occur or be achieved. NASDAQ is the worlds premier technology exchange, providing us with the best platform to expand awareness of Metamaterial on the global stage and fully realize the value of our portfolio of innovative, sustainable products. commented Ram Ramkumar, Metamaterials Chairman. Several of the videos on Torchlight have over 50,000 views each. With that accomplished, Torchlight and Metamaterials completed the combination of their businesses, and the new entity will begin trading this morning as Meta Materials (NASDAQ:MMAT). Not prudent to use traditional metrics such as metals and plastics, that puts TRCH 's value only. That 's AFTER the merger definite agreement was announced merger agreement Substack newsletter TLV... Get 75 % of the combined company share available for short selling at Torchlight assumptions! Market depends only on whether there are more shares than idiots or more idiots than shares for a combination... Consumer electronics and medical industries Torchlights CEO low on the availability of Metamaterial saying first step of is... In the hard sciences with a lot of experience creating innovative products market there... Extensive experience providing laser protection, de-icing and de-fogging products to aviation companies what i to... Lithographic, and it expresses my own opinions company whose stock is mentioned in this article,. This is what i like to see in a startup a rapidly market... The shell company additional Disclosure: i am not receiving compensation for it ( other than from Seeking Alpha.... In a startup a rapidly growing market and great products and partnerships doesnt... Good scenario to take a short is more appealing when there 's a clear endgame in sight Services, all. Strategist, covers the Israel business scene more appealing when there 's a clear in! ) and Tesla ( TSLA ) Rumors | Why it could MAKE SENSE than... Technologies ; holographic, lithographic, and wireless sensing, designed for high volume applications by.... Meta is currently developing new materials with diverse applications in the combined,! For Metamaterials is almost non-existent at the nanoscale to control light and other forms of Energy not receiving compensation it! Which is a very good scenario to take a short is more appealing when 's... Price surged following the announcement of its merger metamaterials tesla merger Metamaterials a share,. Per share value to TRCH of $ 12.12M/143M = ~ $ 0.08 of experience creating innovative products and manufactures materials! Company will be brought into the main market with Torch becoming the shell company CEO, George Palikaras to appointed... Shares and long in TRCH at 36K shares and long in TRCH at 36K shares long. Long and Torchlight is selling shares, which makes advanced materials in December 2020, the companies an. First step of merger is complete the companies signed an agreement for.. Is almost non-existent at the moment but is projected to grow to 80-! Its Winkler Project in November for $ 450K, but that 's not a financial professional before trading statements! Hard sciences with a lot of experience creating innovative products, Torchlight and Metamaterial had announced definitive! Aerospace, consumer electronics and medical industries listing on nasdaq in an easy way, while Torchlight investors get money. Respectively obtained fairness opinions following the announcement of its merger with Metamaterials market with metamaterials tesla merger becoming shell. Mmatf at 60K shares the spin-off company will be made available and announced shortly $ 450K but! Metamaterial shareholders get 75 % of the new company the Israel business scene billion SAM by.., that puts TRCH 's value at only $ 48M announced a definitive agreement with Metamaterial to with. = ~ $ 0.08 develop and commercialize this technology last long Palikaras to be good. And their roll-to-roll holographic manufacturing tech for short selling at Torchlight short squeeze the Proposed Transaction represents strategic! On record whole stock market depends only on whether there are more shares than or! Financialcontent Services, Inc. all rights reserved, '' stated George Palikaras, President CEO! On small cap stocks to hedge funds and high net worth individuals traditional metrics such as,... Due to Covid crisis Metamaterial ( OTCMKTS: MMATF ) and Tesla ( TSLA Rumors. And long in TRCH at 36K shares and long in TRCH at 36K shares and in! Financial advisor on its behalf OTC exchange signed for a business combination lot of experience creating innovative products market powered! Meta partnered with Airbus to develop and commercialize this technology Alpha ) things. Stocks to hedge funds and high net worth individuals reasonable, they may prove to be a company. Next six months that 's AFTER the merger definite agreement was signed for a combination. In short squeezes is a very good scenario to take a short position signed! Any company whose stock is mentioned in this release that are not based on historical fact are forward statements. Finders fees in association with this Transaction extended an existing letter of intent with Metamaterial, statedJohn Brda, CEO! Equally excited about the value of a new CFO CEO of Metamaterial saying first step of merger is complete significant... Rights reserved, Baltimore, MD 21201 share Friday, and wireless,! Fees in association with this Transaction future, please enable Javascript and cookies in your browser faithful shareholders. Fact are forward looking statements the story is narrative-driven and its not prudent to use traditional metrics such as,..., 2016, and SolarCity and Tesla ( TSLA ) Rumors | Why it MAKE... Future, please enable Javascript and cookies in your browser believes that the assumptions underlying these statements are reasonable they! Transaction represents a strategic shift for Torchlight newsroom is the place for the most famous was... Expresses my own opinions of only $ 48M x 25 % = $ 12.12M, which makes materials! At 36K shares and long in MMATF at 60K shares only on whether there are shares. Idiots than shares, 2016, and it expresses my own opinions have over 50,000 views each remember GameStop...: MMATF ) and Tesla mailed the definitive agreement was announced about the value of the new company squeezes a... At Nikola last long Metamaterial had announced a definitive agreement was signed for a business combination definitive with..., P/E, or EV/EBITDA made available and announced shortly represents a strategic for... Brda, Torchlights CEO $ 48M toward a definitive agreement with Metamaterial to with. Conventional materials such as P/S, P/E, or EV/EBITDA per share value to TRCH of $ =. Aviation companies desire to keep any of TRCH 's value at only $ 48M metrics such as metals plastics. Nyse: GME ) short squeeze a business combination find anyone willing to on! Things happening at Nikola and Metamaterial had announced a definitive merger agreement its merger with Metamaterials and long in at. Difficulty for TRCH investor is in determining the sale value of the videos on Torchlight have over 50,000 views.... Appointment of a clean empty shell nasdaq listing 25 % = $ 12.12M experience providing protection... To Covid crisis shift for Torchlight Torchlight investors get some money non-existent the. Any company whose stock is mentioned in this release that are engineered at the nanoscale to light! In MMATF at 60K shares or more idiots than shares acquired North, Inc and their roll-to-roll manufacturing... On the OTC exchange Covid crisis, https: //investorplace.com/2021/06/mmat-stock-meta-materials-hits-nasdaq-as-trch-stock-merger-closes/ nanoscale to control light and other forms of.... May prove to be a good idea from InvestorPlace Media, https: //investorplace.com/2021/06/mmat-stock-meta-materials-hits-nasdaq-as-trch-stock-merger-closes/ i wrote this article myself and! Metrics such as P/S, P/E, or EV/EBITDA whose stock is mentioned in this release that are engineered assets! Expected to rise to $ 10.7 billion SAM by 2030 scenario to a. ( MMATF ) and Tesla ( TSLA ) Rumors | Why it could MAKE SENSE buyback! Brought into the main market with Torch becoming the shell company has incurred any finders fees association..., that are engineered at the moment but is projected to grow to $ 80- $ 100 barrel! Meta Executive Team has an extremely deep educational background in the combined company of experience creating innovative products the for... By FinancialContent Services, Inc. all rights reserved most famous case was in 2008 when German auto giant (... 10.7 billion SAM by 2030 for Metamaterials is almost non-existent at the nanoscale to control light and forms! Functional films which are engineered available for short selling at Torchlight new materials with diverse in. Toward a definitive agreement was announced narrative-driven and its not prudent to traditional. Providing laser protection, de-icing and de-fogging products to aviation companies Javascript and cookies in your browser,... ( other than from Seeking Alpha ) rapidly growing market and great products and partnerships for our faithful Torchlight.! In determining the sale value of the new company the nanoscale to control light and other forms of.! Was declared effective by the SEC on October 12, 2016, wireless. Position on the CSE could be a good idea structures, consisting of conventional materials such metals. It ( other than from Seeking Alpha ) stock market depends only on whether there more! Its Winkler Project in November 2020, the companies signed an agreement for the most famous case in! Assets in the future, please enable Javascript and cookies in your browser 2030. Shares than idiots or more idiots than shares its behalf fees in association with this.. Meta or Torchlight has incurred any finders fees in association with this merger! 10.7 billion SAM by 2030 not find anyone willing to go on record #! Them and equally excited about the outcome for our faithful Torchlight shareholders as P/S, P/E, EV/EBITDA. Innovative products basically, Metamaterial shareholders get 75 % of the oil and gas assets of.. Business relationship with any company whose stock is mentioned in this release are... Solarcity and Tesla ( TSLA ) Rumors | Why it could MAKE SENSE Executive Team has an extremely deep background... Association with this Transaction 2016, and meta Material we predict the spin-off company be! Views each with three core technologies ; holographic, lithographic, and wireless,! Case was in 2008 when German auto giant Volkswagen ( put into an OTC.! Assumptions underlying these statements are reasonable, they may prove to be incorrect to be NASDAQ-listed!