Overview: TRCH based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of highly profitable domestic oil fields. The company currently holds interests in Texas where their targets are established plays such as the Permian Basin.
Merger News: Torchlight and Metamaterial Extend LOI, Continue to Work Towards Definitive Agreement. The Proposed Transaction represents a strategic shift for Torchlight. It is intended to reposition Torchlight into the multi-billion-dollar Advanced Materials market1 as a global cleantech and technology leader. META has an extensive intellectual property portfolio, a global presence and multiple R&D and product development agreements with government agencies and private enterprises. The combined entity will continue to service a clientele of world-class OEM customers for a range of applications in the automotive, aerospace and defense, energy, consumer electronics and medical markets. HERE
Now if we look at META investor deck they do Automotive Lidar Sensor. We all know how hot is this market with $LAZR and $MVIS.
META at a glance
Timelines : PLANO, TX and HALIFAX, NS / ACCESSWIRE / September 21, 2020 / Torchlight Energ... keep reading on reddit ➡
Ok so if it just bumbles around at $2.5 till Nasdaq fine, fine I can take that. bUT if this continues to drivel its way down day upon day upon day, F this. ATVK, CLWD and TLSS all looking more attractive....