Jan. 29 at 11:12 PM
$MTEN 🛑 STOP THE DILUTION FUD: The "Baby Shelf Rule" Protects Us! 🛑
For those screaming "ATM Offering" or "Massive Dilution," you need to learn SEC regulations.
$MTEN is currently subject to the SEC's "Baby Shelf Rule" (Instruction I.B.6 of Form S-3).
1️⃣ The Rule: Companies with a non-affiliate public float of less than
$75M CANNOT sell more than 1/3 (33%) of their public float value over a trailing 12-month period.
2️⃣ The Reality:
$MTEN is a micro-cap with a tiny float. They are legally restricted from dumping massive amounts of shares into the market via ATM.
3️⃣ The Verdict: The "infinite dilution" theory is legally impossible. The supply is dry, and the shorts are trapped.
Do your DD. Don't let the bears scare you out of your shares! 💎🙌🚀
$SQFTP $TCGL
