I’m afraid nothing has changed so far. Next Bridge Hydrocarbons, Inc. continues to be a private company that is listed in the book entry form and not traded electronically.
We’ve covered that 
in our previous replies but in case you’ve missed them:
That’s not what happened. You got conned, but by the community that told you to buy it, not buy the brokers who facilitated it.
That is incorrect. The stock had an extra day left of trading which was plenty of time to exit. The mannipulaton and fraudulent actions by others have left myself and 10’s thousands of investors trapped.
I’m afraid nothing has changed so far. Next Bridge Hydrocarbons, Inc. continues to be a private company that is listed in the book entry form and not traded electronically.
The note provided by the company advised I had an additional day to trade, you as my broker stopped me fulfilling that. You as our broker have an obligation to your customers. I dont trust you to hold my shares, I want to hold them in my own name. How can you as my broker facilitate this.
It didn’t, you have been conned into bagholding by the people you followed into this trade. They have stolen your money not the broker. The stock was cancelled by the company so T+2 bog standard rules kicked in and the stock closed. There was no short squeeze because the short position never existed. FINRA and the SEC have explained this and whilst I appreciate this is like telling a cult member the cult is wrong, eventually, you’re going to have to realise the truth and you know, realise what the MMLTP community did to you.
Read this, blinkers off.
https://www.finra.org/investors/insights/FAQ-MMTLP-corporate-action-and-trading-halt
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If the T+2 rules applied, fair enough. My point is this trading platform advised we had an additional day to trade, they sent communications out of that date. They even sent an erratum correcting the initial date as they advised incorrectly in the first instance.
I’m not a trading professional, I didnt know of the T+2 rules. This trading platform misinformed me and led my into an expensive decision that I’m forced to leave open.
Wow. Then what on earth are you doing trading something as complex as this? You realise the distribution is likely fully taxable right?
The NBH shares that are in a totally worthless company on the brink of bankruptcy.
Whilst I understand this was made in error. NBH was never going to be tradeable, this was made clear in multiple filings prior to the event. Personally, I think you was holding on for the short-squeeze, which had materialised weeks previously and yet some folk were touting hadn’t. Sadly they were using your liquidity to get out of their own positions, effectively stealing your cash.
Appreciate this isn’t the info you’re after, but you really need to delete your sources.
If you still want confirmation 212 have your stock. Here’s the update from the company itself. I’ve highlighted the appropriate sections.
Seriously be careful out there. The first rule of investing is there are no free lunches. If you feel like someone is offering you one, run the opposite way.
All the points you’re making are superfluous to my point. I’m not interetsed in your take on what will / could happen, I’m perfectly aware of the position of the company I’m invested in. My point and question to the platform moderators stands, if this trading platform didnt mislead its customers and share an incorrect trade end date, shares could of been sold before any litigation and movememnt to Next Bridge.
Thanks for the advice but as your distracting from the point I’m trying to raise I wont address you further.
Best of luck with your complaint. Sorry you got greedy and caught with your pants down. It’s definitely your fault though and you should own it.
And lol. No you aren’t 
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We took into account all information that was communicated to us by our intermediary. Yet, when it comes to such corporate activities, rapid changes may occur, but we always reflect them and act in line with the official terms of the event. Regardless, shareholders should conduct their own research and base their decisions on as many different sources of information as they see fit.
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Hey @Bogi.H @Michael.M, sorry to have to bring you back to the MMTLP headache.
Im sorry you have been targeted by miss informed users not understanding that the U3 halt was a FINRA immediate action. NOTHING that you or any broker could have done in regards to this. Im sorry you have taken some flack over this.
However following on from my previous questions on " Will our shares of NBH now be moved to AST " with your responce being roughly “they have been transfered and held in nominees on behalf of us.”
Can you confirm if any payment is needed to facilitate the transfer these shares into AST.
Secondly with the lastes S1 from NBH anyone who has shares in AST will also qualify for another special share allocation " NEWCO" on a 1 for one basis.
Can you advise if these new NEWCO share will be visable in our portfolios. When they are allocated in the next month or two. As MMTLP, then NBH holders we are entiled to NEWCO shares. The only way we would not be allocated NEWCO is if are shares have not be moved to AST by the 16/08/23.
Thank you in advace and fogive me for draghing you back into the complictaed hell that is TRCH- MMAT/MMTLP - NBH - NEWCO.
Cheers Wayne.
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Why is Trading 212 lending out our shares of NXBR? I understand shares being lent out but why for a non tradable ticker. Who are you(I) lending them to and for what reason?
At the time of writing no payment is required from the clients.
As per the terms of the event, holders which shares are held in AST will receive non-transferable subscription rights to receive shares of common stock, at no cost, of a new subsidiary of NBH to be formed in the future.
We are looking into this.
As this is a hot topic, we are monitoring it closely. When any new information is available, we’ll let you know.
Once again why is T212 lending out shares of MMTLP?
Why is T212 lending out shares of NextBridge Hydrocarbons?
Any news on whats happening with our shares? Are they gonna be transferred to AST like everyone else seems to be doing?
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Hi @Bogi.H, do you have any update for us?
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@Bogi.H any updates ? Also this latest news and letter from nextbridge …
What do we as Trading212 investors / customers need to do with this and our Nextbridge shares ?
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@Bogi.H as stated above in @robmo post what is happening with our shares and when will we expect to have them transferred?
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Does @Bogi.H actually still exist and is a part of Trading212 ??
No responses for months
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Im not sure to be honest, worst case tag everyone that work at trading 212 if you know their handle haha. Looking back at the 2 other people with 212 in their handle, says they are suspended which aint helpful.
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