It's not difficult to recognize that
@FINRA defrauded the issuer and investors of MMTLP.
Observe how the "Exchanged" Event Type Corporate Actions in images 1 & 2 describe an "Exchange" becoming "EFFECTIVE" on a date that matches the "EFFECTIVE DATE" at the top of the Corporate Action.
Then observe the two MMTLP Corporate Actions in image 3.
Notice that the "Exchange" is described in the initial Corporate Action as:
"MMTLP shareholders with settled positions as of 12/12/22 Record Date will receive one (1) share of Next Bridge Hydrocarbons, Inc. for every one (1) share of MMTLP held on Pay Date of 12/14/22."
This is almost the equivalent of saying:
"Effective 12/14/22 at the close of business, MMTLP will be Exchanged for Next Bridge Hydrocarbons shares on a 1:1 basis."
☝🏾 The problem with first MMTLP Corporate Action is that FINRA didn't make "12/14/22, after the close of business" the time and date for the overall "Effective Date and time" at the top of the Corporate Action...
Instead they used "Effective 00:00:00 12/13/22" 40 hours earlier, and they incorrectly linked this to MMTLP share cancellation which should've matched the "12/14/22, after the close of business" time and date.
Image 4 is Next Bridge Hydrocarbons explaining that it was FINRA that introduced"12/13/22".
The video 🎥 linked in the quote post explains this in detail, but I'll post another comment below this if you prefer not to watch.
@VP