Bart Willems retweeted
If the MMTLP spin-off would've went as planned, every holder of MMTLP would've received shares of Next Bridge Hydrocarbons, 1-for-1 for each share of MMTLP, on or after 12/14/22, after the close of business.
Even though there wasn't supposed to be an official cusip, what happens when a brokerage is allocated 1 million Next Bridge Hydrocarbons shares, but they actually need 2 million shares?
The problem is not as easy to hide in a scenario like this!
But if brokerages are told that the shares are getting cancelled and the trading symbol is being deleted effective 00:00:00 12/13/22, 40 hours before the planned 1-for-1 Exchange...
This allows each brokerage to create their own cusip/identifiers to exchange with MMTLP before what should've been the official 1-for-1 exchange. (images 1 & 2)
So when investors are holding MMTLPWB and MMTZZZ on 12/13/22, and being told by @RobinhoodApp and @WebullGlobal that those are official Next Bridge Hydrocarbons shares, it was a clearly a lie! (images 3 & 4)
What reinforces the fact that investors were lied to is that brokerages made it seem perfectly reasonable that investors could've received their Next Bridge Hydrocarbons shares on 12/13/22, but when the Next Bridge Hydrocarbons shares were officially allocated on 12/14/22, the multiple changes to the dummy cusip/identifiers didn't begin until around 12/30/22.
The video 🎥 linked in the quote post explains how a similar situation from 2014 appears to explain how brokerages, regulators and their committee members use tactics like this to hide imbalances.
🚨🚨 MUST WATCH - 10/17/26🚨🚨
NEW Supporting Evidence that further explains why @FINRA hijacked the MMTLP Corporate Action & Questions for Steven P. Dapcic of @Pershing
"MMTLP: 12/13/22 aka T.C.A Steven P. Dapcic Part 1" 🎥 20 Minutes
youtu.be/it3RUDuqBhE?is=3eb7…
Bart Willems retweeted
#MMTLPtravesty
I am slightly ashamed that something so...basic... had slipped passed my attention for so long...
This is why it is so important to REVIEW YOUR NOTES
📝🔍👀
Our first big FOIA (released on April Fool's Day) in 2023 was "From: Howard" 🤣 Oh, the irony! @bleedblue18
Link to the second big FOIA: (also from Howard🤡)
xitter.cf/bleedblue18/status/200…
Bart Willems retweeted
@PeteSessions at the top of the trend. Wonder what it could be~. MMTLP got you awfully quiet don’t they? Texas needs to know you better. Take a look TX
It's interesting that the office of @PeteSessions claims that the MMTLP Corporate Action was deemed deficient by FINRA, but this goes against FINRA's narrative in their FAQs.
Why did the office of Pete Sessions lie, and why hasn't FINRA or the @SECGov commented?
Investors sought help from Congress but got lies instead. This gives the impression that the regulators don't have to be accountable to Congress.
This is problematic @JohnReedStark
Full details in the video linked in the quote post below 👇🏾
Bart Willems retweeted
@SECPaulSAtkins The $MMTLP situation is not going to go away by ignoring it and refusing to meet with GregMcCabe. Please do the right thing and work with Next Bridge Hydrocarbons on a solution. 🙏🇺🇸
@Beardvet @annvandersteel @RealTheoWold @VP @SecScottBessent
Bart Willems retweeted
Yep, this slide is directly from @PeteSessions claiming he sent a letter to @FINRA on 12/6/22 regarding the MMTLP Corporate Action.
He apparently received a response the same day!
Can we see the letter Pete?
Bart Willems retweeted
Dear Secretary Bessent @SecScottBessent,
On October 14th I wrote to you about Bank of America @BankofAmerica.
You did not answer. 3.6 million Americans did.
I want to tell you what that looked like from where I sit, because I do not think Washington understands it yet. The messages did not come from one side. They came from Republicans and Democrats, from veterans and nurses and small business owners, from people who have not agreed with each other about anything in a decade. They all said a version of the same sentence. We have had enough.
That is what a national security issue looks like when it finally breaks through. It does not pick a party. It belongs to everyone who has a kid, a bank account, or a flag on the porch.
So let me be plain about my concern. I am worried that nothing is going to happen. The fine has been announced. The press cycle is already turning. In a few weeks the number will be forgotten and the bank will be back to business. I have watched this exact sequence play out before, and I am writing to you now, while there is still a window, because once that window closes it does not reopen.
I am also widening this letter, because Treasury does not act alone.
To the Department of Justice @TheJusticeDept and to FBI Director Kash Patel @FBIDirectorKash:
Director Patel, you were not in the chair when this happened, so I want you to hear it from me directly. In 2011 I walked into the FBI with everything I had on HSBC. Not a tip. Boxes. Names, account numbers, transaction records, internal emails. Agents worked that evidence for over a year. I trusted them, and I still believe they wanted to do their jobs.
Then the settlement was announced. $1.9 billion. I called the agents and asked the only question that mattered. When do you raid the building and when are the arrests?
Their answer was four words. Our hands are tied.
I have thought about those four words every day since. Not because the agents failed me. Because somebody above them decided that a bank was too important to treat like a defendant. That decision was made quietly, by people whose names I will never know, and it has been made again every time since. Director Patel, you now have the authority to make a different one.
I remember the words carved into the stone outside the federal building in Philadelphia the day I walked in to report @HSBC: justice is the defense of our liberty. I believed that. I still want to. But a justice system that handcuffs a dealer on the corner and sends a bank a bill is not defending anyone’s liberty. It is choosing whose liberty counts.
To Brian Moynihan, Chief Executive Officer of Bank of America @BankofAmerica:
Mr. Moynihan, your bank just agreed to pay $1.2 billion for failures that regulators called willful. I have a few questions, and the 3.6 million people reading this would like the answers too.
Who was fired?
Not reassigned. Not retired early with a package. Fired, by name, for the conduct the government described.
What has actually changed in your anti money laundering program? Not the budget line. Not the consultant’s slide deck. What is different today about how an alert gets cleared and who is allowed to say stop?
Were there any consequences inside the building at all? Or did this land the way it landed at HSBC bank, as a line item?
And how much is your bonus this year?
I ask because I know what it costs a compliance officer to raise his hand inside a bank like yours. I would like to know what it cost anyone at the top. Do you even care? I am asking sincerely. I would like to be wrong.
Here is what I did about all of this, and why it matters to this letter. After the government declined to help me or any of the whistleblowers I have met since, I built the thing I wished had existed. Tactical Rabbit is a private intelligence agency. We find the truth, we prove it, and we put it in the hands of people who will act on it. I made a decision a long time ago that if the government would not stop the next HSBC, I would.
So to anyone inside a bank reading this who is looking at something they know is wrong: if your bank will not act, and the government will not act, come to me. I will get the truth to the public. That is not a threat. It is a promise I have already kept once.
Mr. Secretary, Director Patel, the Department of Justice, and Mr. Moynihan: four addresses, one question. Will anyone be held accountable?
Not fined. Not suspended. Not asked to attend training. Accountable.
Please end the cycle of too big to jail. I will not stop until there is change, and neither will the millions of Americans standing behind this letter. Answer them.
We need a banker in jail.
Everett A. Stern
HSBC Whistleblower
Founder, Tactical Rabbit
Bart Willems retweeted
I'm fairly certain it's a conflict of interest that Woodcock was SEC Fort Worth Regional Director.
Isn't SEC Fort Worth the office that brought frivolous charges against the former CEOs that were victimized when their Series A Preferred Dividend became tradeable as MMTLP against their wishes?
The problem with David Woodcock being the @SECGov's Director of Enforcement is that he was also the SEC Fort Worth Regional Director from 2011 to 2015.
SEC Fort Worth is the region that filed charges against @johnbrda and @palikaras over the Torchlight Metamaterials reverse-merger, but they waited to do so until after the MMTLP Community began to get Congressional support.
Once the charges were filed, the SEC convinced members of Congress (even before the charges were made public), that the CEOs were guilty of something so there was no point in investigating what happened with MMTLP.
This investigation has also been used to avoid providing responses to thousands of FOIA requests.
The case is currently stayed by the courts and the lead investigators from the SEC have resigned.
On the flip-side, John Brda and George Palikaras appear to be eager for the case to proceed so that they can share their truth.
How convenient for the SEC that the case has been stayed!
Bart Willems retweeted
🚨 Anson’s own investors weren’t told the full story.
The @SECGov found undisclosed arrangements to share trading profits with short report publishers, plus more than $1.1 MILLION routed through an intermediary using invoices for research it never performed.
Anson settled without admitting or denying the findings.
No one wants another dog and pony show with Congress demanding answers:
The investors want to know - Who approved these payments, who benefited, and was the full scope investigated?
We are sick of seeing that this just is the cost of doing business while investors get screwed.
Wall Street accountability cannot end with a settlement check.
Bart Willems retweeted
"ALL THE PRIME BROKERS DO IT!!!" ~Morgan Stanely Whistleblower
Hey @MorganStanley, how you dealing with @etrade's 30x "back end"??? #RICO
MMTLP MMAT TRCH
@nbhydrocarbons
@WHFraudTF
@POTUS
@VP
Bart Willems retweeted
It's funny how all of you talk about fraud like this, signed our letter for transparant but none of you are doing anything about it.
When will #MMTLP be resolved? When do we get justice?
Bart Willems retweeted
"MMTLP is an American travesty." ~@VP JD Vance
MMTLP IS BIGGER THAN MADOFF, ENRON AND FTX COMBINED!!! We know that you know. When is the FRAUD going to stop, Mr. Vice President??? @JDVance @WHFraudTF
xitter.cf/JunkSavvy/status/21032…
What is MMTLP???...
Shareholders fight for transparency after a series of regulatory failures trapped them and froze their assets for nearly 4 years. Evidence of counterfeit shares, lack of SEC enforcement, and FOIA revelations fuel their fight in one of the biggest financial crimes in history.
If nothing is wrong, what is the share count?
MMTLP MMAT TRCH @nbhydrocarbons
Do you hate fraud?
If so, I’m calling on you to join me in taking the pledge to protect Americans from fraudsters, by doing everything in your power to ensure that:
1. Vulnerable Americans, such as the elderly, indigent, and disabled, are protected from fraudsters who seek to prey on them.
2. Taxpayer-funded programs serve law-abiding Americans, not illegal aliens or fraudsters.
3. Taxpayer-funded benefits are not used by fraudsters to buy mansions or luxury cars.
4. Public agencies and officials work tirelessly and aggressively, coordinating at all levels of government, to stop fraud before payments go out the door.
5. Fraudsters face justice for their crimes in a court of law. Convicted fraudsters will be imprisoned and barred from ever receiving another penny of taxpayer dollars.
6. Illegal alien fraudsters are promptly arrested, prosecuted, imprisoned, and deported, never able to take advantage of Americans’ generosity again.
Bart Willems retweeted
SO, LET ME GET THIS STRAIGHT...
Congressman Pete Sessions, a member of the House Oversight and Accountability Committee, admits at his townhall event in Robinson, TX, that he has "a problem with what they did," when a goverment agency [@SECgov] and an SRO [@FINRA], that his committee has an obligation to oversee, defrauded $MMTLP investors by halting trading 2 days before the published and promoted final day of trading.
"I would agree with you that the rug was pulled out from underneath you." ~Pete Sessions
Yet, 10 months after promising investors he would get the share count, for which he has FAILED to do, he BLAMES THE VICTIMS?!?
"Why didn't you sell when the price went down?"
Did I get that right, @PeteSessions?!?
Remind us again about your conversation with Hilltop Securities. You know, when they admitted they had a BIG PROBLEM with delivering MMTLP. The same Hilltop who was represented by Kelly Bell on FINRA's UPC Committee in December 2022 when she and 7 other broker/dealer representatives, WHO ALL HAD LIABILITIES IN MMTLP, made the decision to issue the historic U3 Halt, trapping investors for over 920 with NO settlement, NO shares, NO money, and NO ANSWERS!!!
It is about time Pete answers some hard questions on the record. @RepJamesComer
WE ARE NOT GOING AWAY, PETE!!!
@DOGE @DOGE_SEC @AGPamBondi @FBIDirectorKash @AGAndrewBailey @MissouriSOS @TuckerCarlson @cvpayne @denniskneale @TheRobbCarter @TaraServatius
Bart Willems retweeted
It's interesting that the office of @PeteSessions claims that the MMTLP Corporate Action was deemed deficient by FINRA, but this goes against FINRA's narrative in their FAQs.
Why did the office of Pete Sessions lie, and why hasn't FINRA or the @SECGov commented?
Investors sought help from Congress but got lies instead. This gives the impression that the regulators don't have to be accountable to Congress.
This is problematic @JohnReedStark
Full details in the video linked in the quote post below 👇🏾
🎥 🎥 🎥 NEW VIDEO 🎥 🎥 🎥
July 1, 2025
"MMTLP: Does Pete Sessions Lie To His Constituents? Part 1"
(Runtime 31 minutes 17 seconds)
youtu.be/hlHbPC6gdrc?si=LijS…
FINRA and the @SECGov have REFUSED to answer questions concerning $MMTLP, but instead of proceeding with subpoenas and/or a hearing, @PeteSessions targets the former CEOs that have been transparent since day 1!
Bart Willems retweeted
"I would agree with you that the rug was pulled out from underneath you." ~@PeteSessions to an MMTLP shareholder/constituent.
Then why did you neglect your oversight responsibilities, Pete??? Did it have something to do with your conversation with your buddies over at Hilltop Securities, when they admitted to you they had a problem (and by problem I mean they are holding counterfeit shares in clients' accounts) with their counterbroker (@CharlesSchwab)???
BTW-the fraud is continuing. They just distributed counterfeit dividend shares....AGAIN!!!
Texas deserves better than @PeteSessions and @HTS_Financial. @POTUS @DevinNunes @KenPaxtonTX
It's interesting that the office of @PeteSessions claims that the MMTLP Corporate Action was deemed deficient by FINRA, but this goes against FINRA's narrative in their FAQs.
Why did the office of Pete Sessions lie, and why hasn't FINRA or the @SECGov commented?
Investors sought help from Congress but got lies instead. This gives the impression that the regulators don't have to be accountable to Congress.
This is problematic @JohnReedStark
Full details in the video linked in the quote post below 👇🏾
Bart Willems retweeted
I think a great job has been done on exposing the truth. Fact is that the powers that be don’t have sufficient will for corrective action. MMTLP needs a lawful imperative with a specified value to become a solid entitlement for shareholders that can’t be evaded. It’s doable
Bart Willems retweeted
suno.com/s/FOuQANK0yjHhDEgP
🎶🎶🎶🎶🎶🎶🎶🎶🎶🎶🎶🎶🎶🎶
"Conflict of interest" Interesting phrase, isn't it? 🤠
Especially when people are so QUICK to question everyone else's motives.
Or perhaps the more interesting words are MONEY, BUSINESS, LOYALTY and REVENGE.
Welcome to West Texas.
If you've watched Taylor Sheridan's LANDMAN, starring Billy Bob Thornton, you'll appreciate why I find the politics of the oil business, fascinating (and want nothing to do with it).
In smaller sized places like Midland, Texas, business relationships can span generations. Families know families. Competitors become partners. Partners become adversaries. And yesterday's commercial dispute can cast a long shadow over tomorrow's relationships. Reminds me the birthplace of Vendettas, ancient Greece (Crete and Mani).
Crete has a deep-rooted vendetta tradition, although “birthplace” is more poetic than historically precise. Blood feuds arose in multiple societies, including Crete and Mani (located South of Sparta).
The distinctly Cretan mechanism was collective honour: an injury to one person could be treated as an injury to the entire family. Responsibility, and the OBLIGATION to retaliate, could then pass across generations, with families alternating between victim and perpetrator. Anthropological research on mountainous Crete documents precisely that pattern.
Now, here's something worth examining.
Meet the Slocums.
In February 2022, Texas news outlets reported that Tom Slocum Jr., then running for Texas Railroad Commissioner, was a cousin of John Harvey Slocum, who was running for Texas House District 14.
Interesting family connection.
Now consider the historical court records involving VON Directional Services and VON Energy Services.
Federal litigation filed in April 2017 by Scientific Drilling International named both companies as defendants.
The docket subsequently recorded bankruptcy notices involving VON Directional in July 2018 and VON Energy in February 2019.
Another federal case identifies a John H. Slocum in litigation involving the VON businesses.
These are matters of public record.
And then we have Tom Slocum, who has been particularly vocal in his criticism of Greg McCabe, a central figure in the Next Bridge Hydrocarbons and $MMTLP story.
Here's where the conversation becomes educational.
When evaluating someone's commentary about a business dispute, I believe there are three important questions:
1. FOLLOW THE MONEY.
Who stands to gain or lose financially from the outcome?
2. FOLLOW THE RELATIONSHIPS.
Are there previous business dealings, professional associations, family connections or financial interests that might provide useful context?
3. FOLLOW THE HISTORY.
Have the parties previously been involved in commercial disputes, litigation or failed ventures?
These questions do not presume wrongdoing.
They help distinguish independent analysis from commentary/trolls/opinions that might be influenced by interests the audience cannot see.
And there's a fourth question that's sometimes overlooked:
WHEN DOES A COMMERCIAL DISAGREEMENT BECOME PERSONAL?
Anyone who has spent time building businesses knows that money and reputation can provoke powerful emotions.
A failed deal can destroy a friendship. A lawsuit can leave lasting resentment. A bankruptcy can affect an entire network of business relationships.
Occasionally, business disagreements can become personal vendettas, especially in smaller places like Sicily, Crete, Sparta, Midland Texas.
That doesn't establish that this has happened here. But it is precisely why understanding the historical relationships matters.
So, Tom, I have just a couple straightforward questions:
1. Are there any historical business dealings, financial interests or personal relationships relevant to your criticism of Greg McCabe that shareholders should understand?
2. Can we establish the complete history between the relevant businesses and individuals, rather than relying on selectively presented narratives? Specifically, is Mr J H Slocum your cousin (1st or other degree) by blood? Are you aware if G McCabe was one of the 99+ creditors that formed the committee to take Mr Slocum down?
Remember, i am not passing judgement here, just want to understand where you are all coming from.
If the answer and the data reveals no "conflict of interest", excellent! I will be more than happy to take this post down and issue an apology when requested.
THE BIGGER LESSON FOR SHAREHOLDERS:
Don't confuse opinions with credibility.
Don't mistake confidence for independence.
And never assume that the loudest person in the room is necessarily the one with the least at stake.
Investigate the incentives. Examine the documents. Understand the relationships.
Because sometimes the most important part of a story isn't what somebody is saying.
It's what they may have experienced LONG before they started saying it.
As for West Texas?
They've already made a television series about what happens when oil, money, family, POLITICS and business rivalries collide.
It's called LANDMAN.
And sometimes the real business world has more complicated relationships than anything Hollywood could ever write. 🍿
I'll leave just three public records and sources below (there is plenty more for those who want to look further).
1.dockets.justia.com/docket/te…
2. KBTX reported during the 2022 Texas Railroad Commission Republican primary that “Tom Slocum, Jr.” was an engineering consultant and added that he was “the cousin of John Harvey Slocum,” who at the time was running for Texas House District 14. kbtx.com/2022/02/22/death-nu…
3. the bankruptcy chronology is quite specific. VON Directional Services filed a voluntary Chapter 11 petition on July 9, 2018 in the Southern District of Texas, case 18-33794. It was converted to Chapter 7 on September 25, 2018 after the unsecured creditors' committee sought appointment of a Chapter 11 trustee and the parties instead agreed to conversion. Public docket summaries show the case as an asset case and record its eventual termination in April 2025: scribd.com/document/38360908…
#MMTLP #MMAT #MarketIntegrity #BlueLedgerAI
Bart Willems retweeted
George 🔥
MMAT MMTLP
"Conflict of interest" Interesting phrase, isn't it? 🤠
Especially when people are so QUICK to question everyone else's motives.
Or perhaps the more interesting words are MONEY, BUSINESS, LOYALTY and REVENGE.
Welcome to West Texas.
If you've watched Taylor Sheridan's LANDMAN, starring Billy Bob Thornton, you'll appreciate why I find the politics of the oil business, fascinating (and want nothing to do with it).
In smaller sized places like Midland, Texas, business relationships can span generations. Families know families. Competitors become partners. Partners become adversaries. And yesterday's commercial dispute can cast a long shadow over tomorrow's relationships. Reminds me the birthplace of Vendettas, ancient Greece (Crete and Mani).
Crete has a deep-rooted vendetta tradition, although “birthplace” is more poetic than historically precise. Blood feuds arose in multiple societies, including Crete and Mani (located South of Sparta).
The distinctly Cretan mechanism was collective honour: an injury to one person could be treated as an injury to the entire family. Responsibility, and the OBLIGATION to retaliate, could then pass across generations, with families alternating between victim and perpetrator. Anthropological research on mountainous Crete documents precisely that pattern.
Now, here's something worth examining.
Meet the Slocums.
In February 2022, Texas news outlets reported that Tom Slocum Jr., then running for Texas Railroad Commissioner, was a cousin of John Harvey Slocum, who was running for Texas House District 14.
Interesting family connection.
Now consider the historical court records involving VON Directional Services and VON Energy Services.
Federal litigation filed in April 2017 by Scientific Drilling International named both companies as defendants.
The docket subsequently recorded bankruptcy notices involving VON Directional in July 2018 and VON Energy in February 2019.
Another federal case identifies a John H. Slocum in litigation involving the VON businesses.
These are matters of public record.
And then we have Tom Slocum, who has been particularly vocal in his criticism of Greg McCabe, a central figure in the Next Bridge Hydrocarbons and $MMTLP story.
Here's where the conversation becomes educational.
When evaluating someone's commentary about a business dispute, I believe there are three important questions:
1. FOLLOW THE MONEY.
Who stands to gain or lose financially from the outcome?
2. FOLLOW THE RELATIONSHIPS.
Are there previous business dealings, professional associations, family connections or financial interests that might provide useful context?
3. FOLLOW THE HISTORY.
Have the parties previously been involved in commercial disputes, litigation or failed ventures?
These questions do not presume wrongdoing.
They help distinguish independent analysis from commentary/trolls/opinions that might be influenced by interests the audience cannot see.
And there's a fourth question that's sometimes overlooked:
WHEN DOES A COMMERCIAL DISAGREEMENT BECOME PERSONAL?
Anyone who has spent time building businesses knows that money and reputation can provoke powerful emotions.
A failed deal can destroy a friendship. A lawsuit can leave lasting resentment. A bankruptcy can affect an entire network of business relationships.
Occasionally, business disagreements can become personal vendettas, especially in smaller places like Sicily, Crete, Sparta, Midland Texas.
That doesn't establish that this has happened here. But it is precisely why understanding the historical relationships matters.
So, Tom, I have just a couple straightforward questions:
1. Are there any historical business dealings, financial interests or personal relationships relevant to your criticism of Greg McCabe that shareholders should understand?
2. Can we establish the complete history between the relevant businesses and individuals, rather than relying on selectively presented narratives? Specifically, is Mr J H Slocum your cousin (1st or other degree) by blood? Are you aware if G McCabe was one of the 99+ creditors that formed the committee to take Mr Slocum down?
Remember, i am not passing judgement here, just want to understand where you are all coming from.
If the answer and the data reveals no "conflict of interest", excellent! I will be more than happy to take this post down and issue an apology when requested.
THE BIGGER LESSON FOR SHAREHOLDERS:
Don't confuse opinions with credibility.
Don't mistake confidence for independence.
And never assume that the loudest person in the room is necessarily the one with the least at stake.
Investigate the incentives. Examine the documents. Understand the relationships.
Because sometimes the most important part of a story isn't what somebody is saying.
It's what they may have experienced LONG before they started saying it.
As for West Texas?
They've already made a television series about what happens when oil, money, family, POLITICS and business rivalries collide.
It's called LANDMAN.
And sometimes the real business world has more complicated relationships than anything Hollywood could ever write. 🍿
I'll leave just three public records and sources below (there is plenty more for those who want to look further).
1.dockets.justia.com/docket/te…
2. KBTX reported during the 2022 Texas Railroad Commission Republican primary that “Tom Slocum, Jr.” was an engineering consultant and added that he was “the cousin of John Harvey Slocum,” who at the time was running for Texas House District 14. kbtx.com/2022/02/22/death-nu…
3. the bankruptcy chronology is quite specific. VON Directional Services filed a voluntary Chapter 11 petition on July 9, 2018 in the Southern District of Texas, case 18-33794. It was converted to Chapter 7 on September 25, 2018 after the unsecured creditors' committee sought appointment of a Chapter 11 trustee and the parties instead agreed to conversion. Public docket summaries show the case as an asset case and record its eventual termination in April 2025: scribd.com/document/38360908…
#MMTLP #MMAT #MarketIntegrity #BlueLedgerAI