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For those who want an under 5 minute explanation, an abridged #mmtlp #mmtlpfiasco summary: youtu.be/zEhDZhvHUdE
🪴👀🪴 s-1 is effective!! It's also filed on Edgar now.
Next Bridge Hydrocarbons Announces SEC Declares Effective its S-1 Registration Statement
Company prices and commences a public offering of 40 million shares
prnewswire.com/news-releases…
Bird Lady Rollerpigeons retweeted
$MMTLP Next Bridge Hydrocarbons
We are now at S1-A Amended Version 11.
This is also described as a pre effective S1.
Additions include:
Correction to the scrivener's error pursuant to which the delaying amendment on the cover of the Registration Statement was inadvertently omitted.
An amended Filing Fee Table has also been added.
Most of the remaining S1 is unchanged.
This just looks like the SEC are just buying a few more days before the S1 is inevitably made effective.
fintel.io/doc/sec-next-bridg…
Bird Lady Rollerpigeons retweeted
Next Bridge Hydrocarbons Announces Participation Agreement in the Imperial Gas Project
prnewswire.com/news-releases…
The map reminded me of this: also, Chicago pizza > New York pizza.
PIZZA CAPITAL OF THE WORLD:
This move flips NJ red and also crowns NJ the undisputed Pizza Capital on Earth.
@stoolpresidente could get on board settle the NY NJ Pizza debate once and for all. @MikeCrispi ?
She still needs 5.5 month's of support to keep the roof over her kids' heads until her new job starts in August (first payment in September).
Hey, it's me again. I have a new NBH update video with the 3 press releases in the past 2 weeks #MMTLP : youtu.be/pD9bO_MSTc8
Me seeing long-term naysayers of NBH go private and/or delete tweets. FYI: x archived data still has all deleted tweets. Go to settings, your account, download an archive. #MMTLP
#mmtlp #NBH #nextbridgehydrocarbons
Hey, after a few months, there's a new video again: youtu.be/V0W9kAQw3Q8
Credit to Trevor for uncovering the emails between NBH and UL about geothermal energy with Sage Geosystems. #MMTLP
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University Lands prides itself on "solar and wind". but geothermal "isn't in the best interest". #mmtlp universitylands.utsystem.edu…
🚨Breaking News🚨
$MMTLP #MMTLParmy $NBH $MMAT
Once again… It is evident that Greg McCabe went to great lengths to salvage the University Lands leases.
Greg McCabe went as far as to offer the following:
“On May 3, 2024, NBH received an email from UL regarding the non-payment of minimum royalties as outlined in the original oil and gas leases. The amount owed as of the date of the email was $1,144,780.09, plus continued interest accrual.”
“Upon execution of a mutually agreed upon extension of the drilling and development unit, NBH will deliver a check to UL for the full amount of minimum royalty payments, plus interest.”
Mr. McCabe, not only addressed ALL of UL’s concerns… He sweetened the deal TENFOLD!
“NBH understands the concerns of the UL regarding the lack of royalty income on the Orogrande Project to date. As previously stated, NBH believes we have accomplished the required groundwork to put this project into exploitation mode and royalty income will be forthcoming to the UL in the very near future.”
‼️”As such, NBH will agree to increase the annual minimum royalty payments tenfold ($10 per acre per year), assuring the UL will receive a minimum of $1,340,000 per year of royalty income.”‼️
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And - This was the given response after every concern was addressed and the deal became even more lucrative for UL.
Greg,
“We've reviewed your proposal to extend the Hudspeth development agreement and have concluded that it isn't in the best interest of University Lands to extend the agreement.”
“Attached, please find our formal response, we'll send the original copy to your Fort Worth address.”
“We wish you the best of luck in your future endeavors.”
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I think it’s evident that UL was not working in the interest of the lessee or UL themselves.
Now my question becomes…
Who was University Lands working for when they turned down an existing business relationship and their request to renew an existing contract/lease that now would included 10x the original agreed upon royalty amount? 🤔
You can find ALL of the correspondences in the attached screenshots.
#WhatstheShareCount















