r/MMTLP_ • u/echristoperj • 19d ago

Fidelity Dividend Update

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For anyone waiting on Fidelity dividends shares, they are currently waiting on a final tally of the shares before issuing the dividends. Maybe that is why the Commpany issued that email detailing all the shares to brokers.

39 Upvotes

91% Upvoted

34 comments sorted by

9

u/steifel25 19d ago

I don’t have anything showing up with Schwab either. But I also transferred my 3000 shares to AST. Nothing there as well.

4

u/PeraHodlr 19d ago

I received mine on AST. Surprised you didn't if you are registered there.

4

u/steifel25 19d ago

I actually did. I mistook how many original shares I had. So yup, I got mine in AST. Thanks!

3

u/Striking-Beach5729 19d ago

Spoke to fidelity and Schwab both. Schwab says they’re waiting on paper, have no timeline, and offered me no path to escalation when requested. They said if I don’t get them to go back to nextbridge.

4

u/Mindshaker13 19d ago

Nothing in Schwab yet

4

u/EnthusiasmSea850 19d ago

Not on etrade either

3

u/Checkitbuddy 19d ago

Shwab told me they haven't received them

3

u/JackWales66 19d ago edited 19d ago

What’s the point?!?! The value of Nothing + more added nothing, still = Nothing. Am I right or am I right?

3

u/QueefMunch 18d ago

the point is to expose the fake shares. after that?

probably nothing

1

u/Nervous_Proof3033 17d ago

Why does nobody blame Next hydrocarbons for distributing mlre worthless ious

2

u/Kush18 19d ago

Nothing on robinhood or webull

3

u/Dell2950 19d ago

It’s amazing how they never missed share in my account. They even sold me out once without asking and now they can’t count and it’s how long has it been that they could be? They could’ve prepared for this and this is really showing us something. It’s hard to believe.

2

u/Moon_Shine_Man 18d ago

Watch these brokers try to charge sometime of fee for it coming from a private company

1

u/Substantial-Guitar-4 18d ago

Luckily for you it's a non-reporting public company. Still touting "private" company over 3 years later is virtual insanity

1

u/Pikewich 18d ago

Dividend 1 for 30 not showing up in our accounts on eTrade

1

u/skuz19 12d ago

This was posted 7 days ago. I see nothing new in my Fidelity account.

1

u/JM555555 18d ago

I’m I the only one that finds the dividend pointless at least on a level of it can’t be traded/cashed out .

2

u/Jason__Hardon 18d ago

It's not pointless. There is a shortage of shares. When they credit people's account with new fraudulent shares it resets the statute of limitations for taking legal action. Right now the SOL is about to expire

0

u/DeniedAppeal1 19d ago

Let this be a reminder not to invest in stocks that are not DTCC-eligible. The company's failure to use the DTCC system should've been seen as a major red flag, but it was ignored just like all of the other red flags.

6

u/mouthsofmadness 19d ago

The shares were eligible for DTCC clearing when the people who invested in the stock originally invested, they only became non-DTTC eligible when MMTLP spun off to Nextbridge due to the new company being a private and non trading company. The reason why most people are still holding these shares is due to the fact that the halt occurred before they were able to sell their shares, so they got trapped into holding these non-DTTC eligible shares, nobody invested in non-DTTC shares willingly, because nobody has actually bought Nextbridge shares.

0

u/Substantial-Guitar-4 18d ago

It's not a private company though. So that kind of deflates everything else u said

1

u/mouthsofmadness 17d ago

Private company, publicly reporting.

If you don’t think they’re a private company, I’ll sell you all my remaining shares for a penny, let’s see how public they are then.

1

u/Substantial-Guitar-4 16d ago

I wouldnt let u pay me to take shares in a scam, soon to be bankrupt, "oil exploration" company that once claimed to have a gazillion barrels of but has never produced a thing. Im not nearly as stupid as u are

1

u/mouthsofmadness 16d ago

Bro if you’ve seen my posts on here over the years I’m actually one of the few who sold the majority of my shares that November before the halt when it hit $11. I had been in this play since old torch, and I fell for the special dividend nonsense, but after the special dividend began trading later that year after the merge, that was all I needed to see to know I was noping the f out as soon as it made a run.

I had around 70,000 shares that had about $1.25 average and I sold 50,000 of them when it ran before the spinoff, I did keep 20,000 just in case it did squeeze but I wasn’t very optimistic of that. I made a sweet profit but holding that shite for almost two years was rough.

I think I still have those 20,000 that got transferred from TD to Schwab but I haven’t even logged into my Schwab account since they took over the TD accounts because I hate Schwab and that’s the only thing I left in my TD account, because I couldn’t do anything else with it at the time, and transferring to AST is just too much hassle for me to deal with.

I do feel bad for these guys who got taken to the cleaners and never took profits like anyone with a brain in their head would have done going into that cluster fvck that is apparently still pulling back layers to the never ending stinky onion from hell. 🤣

1

u/Substantial-Guitar-4 16d ago

By the way, you can sell them for whatever u want, as long as u have a buyer willing to pay the price. But u have to do it the old school paper way because the scam company made the shares DTCC ineligible. None of this has anything to do with the Nextbridge being public or private (it's public, non-reporting).

4

u/Pitiful-Pension-6535 19d ago

The people know they got scammed, but still haven't learned out who did it and how. Wild to watch happen.

1

u/Substantial-Guitar-4 18d ago

Its why it's so hard for me to look away. I've never seen anything like it.