American Battery Materials Inc (PK) (BLTH) News

🚨 $BLTH ? Pink Current

🔑 AS:4.50B ? OS:11.67M ? US:2.21M

✨ Outstanding Shares Updated:
- 🔴 From: 11,612,729 (11.61M)
- 🟢 To: 11,674,954 (11.67M - 6/13/2024)
(Diff: 62.23K, % Change: 0.536%)


✨ Restricted Shares Updated:
- 🔴 From: 9,398,071 (9.40M - 6/7/2024)
- 🟢 To: 9,460,296 (9.46M - 6/13/2024)
(Diff: 62.23K, % Change: 0.662%)

https://t.me/OTCPromoTracker/4589

Management gave the note holders 30% bonus not sell on otc market. The new notes require listing on NYSE American.
Form S-1

They ain’t done $hit

Good observation.

I have read i can only see debt and notes… no other development

Remove any bias take another read.

I can only see a bunch of notes...

May be they are gathering the notes to pay themselves....Graber and Lux pay themselves almost 200,000/Year as a salary...Check the filing...

With a bank on the cover

SEC Form 1
https://www.sec.gov/ix?doc=/Archives/edgar/data/1487718/000149315224023504/forms-1a.htm

what?

$BLTH Crickets here and no updates

SEC filings say otherwise…

BLTH has no infrastructure, and they have made no progress toward lithium production. They have no facilities in place, no team, nothing. They're just some guys with a PO Box and some land.

List on AMEX, volume and price appreciation follows… $250m MC with 15M OS sp will be over $16 share

You do realize if they would have just stuck with the other ticker, the price would have been $10.00 a share. These are two clowns running this ticker and I have a ton of shares. Good Luck to you

LMAO. Stop duping people.

Uplisting to NYSE American, minimum pps $3.00… expected happen this Summer…

Same to you

Understood your point, but the note holders could even covert at 1%, if there is not good news or progress, this thing tanks them. Any selling and we are under a penny. Nice job CEO on the R/s #DUMBA$$ Note holders are in worst shape then regular share holders IMO. They were dumb enough to loan these guys money. They won't even get $.01 on the dollar they invested IMO. They better get their lawyers ready if no news or progress comes. And I own shares full disclosure

The conversion price for the Conversion Shares in a voluntary conversion shall be equal to 65% of the volume weighted average price for the Company’s common stock during the 20-consecutive trading days preceding the conversion.

THERE IS NO VOLUME BUDDY

For those who seem not to understand financials
The 7 investors only ones making money here regardless what pps is at !

Numbers POST R/S

The Company’s certificate of incorporation authorizes 4,500,000,000 shares of common stock, par value $0.001; and 10,000,000 shares of preferred stock, par value $0.001. As of April 1, 2024, the Company had 11,375,459 shares of common stock, and 50,000 shares of preferred stock, issued and outstanding.

On December 8, 2023, the company effectuated the reverse split of the common stock by a ratio of one-for-300 (the “Reverse Split”). All per share amounts and number of shares in the consolidated financial statements and related notes have been retroactively restated to reflect the Reverse Split.

The Company had net loss of $2,384,802 during the year ended December 31, 2023, has accumulated losses totaling $20,239,639,

During the year ended December 31, 2023, the Company entered into Note Purchase Agreements with seven investors not affiliated with the Company (the “Purchasers”) pursuant to which the Purchasers purchased from the Company convertible notes (the “Convertible Notes”) with an aggregate principal amount of $2,000,000. A total of 67,239 shares of common stock were issued according to the note agreements or as additional consideration for the issuance of the notes. The outstanding principal and accrued interest balances on December 31, 2023 were $2,000,000 .

The Convertible Notes provide for a maturity of 12-months; 7.5% interest per annum; and no right to prepay during the first 6-months after the date of issuance (the “Issuance Date”). The Convertible Notes are convertible into shares of common stock of the Company (the “Conversion Shares”) as follows:

The Purchasers have the right to convert into Conversion Shares, in whole or in part, at any time after 180 days following the Issuance Date. The conversion price for the Conversion Shares in a voluntary conversion shall be equal to 65% of the volume weighted average price for the Company’s common stock during the 20-consecutive trading days preceding the conversion.

No dilution... looking forward to listing on American... From the 8K may happen by end of June.
Held at DTC 1,208,817 05/02/2024

b. impose a limitation on their conversions so that the investor will not effect a conversion under its note until the earlier of (i) the uplisting transaction closing or (ii) July 1, 2024.

SEC filings are not a joke. ABM giving a bonus to note holders not to convert until listed on a national securities exchange… If read the filings know ABM uplisting to NYSE AMEX. Reminder: float under 1.2M… LITHIUM

“In consideration for the extensions of the maturity date and agreement not to convert their notes, the principal amount due under each note was increased by 30% and the interest rate of each note was increased to 10% beginning on the effective date of March 29, 2024. The note amendments were negotiated between the Company and unaffiliated investors on an arm’s-length basis.”

https://www.sec.gov/ix?doc=/Archives/edgar/data/1487718/000121390024033270/ea0203997-8k_american.htm

What does it even mean?

Recent 8K hints to up listing this summer. gl

Just the bag holders with delirium needing to rationalize so they can sleep at night

Does anyone really believe that this company is not a joke??? Really?

$BLTH It's crickets here and it would be nice to hear something.

BLTH Very quiet with very little volume. We can only hope.

$BLTH Big spread with very little selling

https://finance.yahoo.com/video/gms-mary-barra-going-evs-095516500.html?contentType=VIDEO

Buyers...

Heavy with selling on the bid.

BLTH - volume was heavy for this stock.
Hopefully significant news coming

Nope.

Are you surprise?

Dead!

It seems the company is not making any announcements in the press. We will have to wait and see the results of their progress. However, this filing indicates that they are making some progress.

https://www.smh.com.au/business/companies/british-billionaire-adamant-lithium-ship-will-sail-again-20240220-p5f6dl.html

$ BLTH After they hit the bid at three cents I hit the ask and they took off and it disappeared 100% trying to bring the price down. Very irritating, and the company should be supporting us.

$BLTH They did not sell the shares at three. Cents. All they did was transfer from one account to another just to make it look bad I know one guy in another room that’s trying to bring the stock price down but when the company doesn’t do anything to support it it’s easy to do.

I will bet those when from one account to another account of the same guy to manipulate the price. Not enough volume and a large gap bid to ask. Easy to manipulate right now

$BLTH I know for fact that one guy is trying to pull the price down to buy cheap shares and create fear. He’s a nut case!

$BLTH Those shares were not sold in my opinion. I pulled my bid and within 10 minutes they would rather take .03 cents instead of the .45 cent bid I had there 10 minutes before….. NO WAY!

The person who got 417 shares for $12 bucks today can sell them to the bid and make close $200 bucks . Lol

Someone sold 417 shares at .03 today ! Wtf

US battery producers rush to secure locally sourced battery materials in North America

Panasonic and GM have signed multiple long-term supply agreements for anode active materials, namely graphite, in a bid to secure a North American battery supply chain and ensure eligibility… pic.twitter.com/SyWGhWJ6Vg— Rho Motion (@rhomotion) February 19, 2024

$BLTH For uplisting to NYSE we have this filing. Come on 10.00 plus!

https://www.sec.gov/ix?doc=/Archives/edgar/data/1487718/000121390024012686/ea193412-s1_american.htm

$BLTH Good day Friday and I read the filing. We are not only uplisting but the filing specifies NYSE uplist. They have a plan.