Whereas Torchlight Energy Resources was an oil and gas exploration company operating out of Texas, Meta Materials develops functional. By pure chance, this energy underdog came upon a revolutionary technology. The company produced 28 barrels of oil and 711,000 cubic feet of gas with total sales of $2,471 in the quarter to March 30. Its a huge change that goes deeper than stock tickers.
Torchlight, which had a net loss of $2.1 million in the first three months of this year, has warned repeatedly that it had substantial doubt about its ability to continue as a going concern. In December 2020, Torchlight Energy Resources and Metamaterial had announced a definitive agreement was signed for a business combination. Investors appear to be responding to rumors about the company working with Tesla. tumbled 30 Wednesday, erasing some of the mammoth gains that the stock has seen recently amid heightened enthusiasm by individual investors online.
In November 2010, Pole Perfect bought Torchlight Energy and abandoned all of its previous business plans within the health and fitness industries before formally changing its name to Torchlight in 2011. The stock price of Torchlight Energy Resources Inc (NASDAQ: TRCH) is trading at over 10 pre-market as of 7:14 AM ET. Shares of Torchlight Energy Resources Inc. Torchlight Energy Resources 1.48 0.03 (1.66) Watch. Rooms Shows Rankings Earnings Newsletters Shop. The Plano, Texas-based company traces its roots back to Pole Perfect, incorporated in 2007 in Nevada to develop and market feminine fitness dance studios utilizing the advantages of pole dancing. Real-time trade and investing ideas on Torchlight Energy Resources TRCH from the largest community of traders and investors. Report jumped 16 Friday and is continuing its run Monday, fueled by interest from the meme-stock. Torchlight was also the second top-traded stock on Tuesday, with shares changing hands more than 213 million times. Oil and natural gas developer Torchlight Energy Resources - Get Torchlight Energy Resources, Inc. The company is being acquired by industrial materials maker Metamaterial Inc (MMAT.CD) in a deal that analysts said will likely see its main business being sold or hived off.
0 kommentar(er)
