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American Battery Materials Inc (PK)

American Battery Materials Inc (PK) (BLTH)

0.27
-0.03
(-10.00%)
Closed November 29 4:00PM

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BLTH Discussion

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beholder_23 beholder_23 1 day ago
BLTH has no money, no equipment, no engineers, no leadership with any experience in this field... This is a garbage stock run by no-name losers and crooks.
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was Bitcoin was Bitcoin 2 days ago
From the reports ABMโ€™s Utah site contains thousands of tons of lithium and when the company successfully brings it to market, the project could generate hundreds of millions of dollars in revenue. If they complete the previous announcements of raising capital its a winner
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was Bitcoin was Bitcoin 2 days ago
From the reports ABMโ€™s Utah site contains thousands of tons of lithium and when the company successfully brings it to market, the project could generate hundreds of millions of dollars in revenue. If they complete the previous announcements of raising capital its a winner
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ipiros ipiros 2 days ago
https://x.com/ambatmat/status/1861461209620283774?s=46&t=1mtQtgXmx35-BlWutjUYiQ
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stealofadeal stealofadeal 2 weeks ago
$BLTH We need a new CEO and Graber is not the one here.
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lager lager 2 weeks ago
LOL
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RKMKE RKMKE 2 weeks ago
As a result of the foregoing, the net loss for the nine months ended September 30, 2024, was $2,041,882 as compared to the net loss of $2,462,799 during the nine months ended September 30, 2023.

Graber grabbing $$$$
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RKMKE RKMKE 2 weeks ago
On October 16, 2024, the non-binding letter of intent (LOI) between American Battery Materials, Inc. (OTC Pink: BLTH) and a Nasdaq-listed special purpose acquisition company (SPAC) for a potential merger transaction expired without a completed agreement

https://archive.fast-edgar.com/20241114/A322SG2CZZ2RAZPN229C2ZY2HWCPRZ22Z262/
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LawgInn2024 LawgInn2024 1 month ago
This company will NEVER be on NASDAQ.

Form Energy just put them out of business.
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exisnet exisnet 2 months ago
Will be diluting on the Nasdaq with Lithium as the Catalyst... Keeping my shares, fyi I do have a bid for those want out. gl

How do they plan on diluting when nobody wants the stock??? Please explain that one
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LUCKYBUTT LUCKYBUTT 2 months ago
Nobody will buy it. Thatโ€™s where I donโ€™t see dilution as an option. Nobody wants it unless it goes to trips. Donโ€™t agree with you
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beholder_23 beholder_23 2 months ago
that's where you come in
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LUCKYBUTT LUCKYBUTT 2 months ago
How do they plan on diluting when nobody wants the stock??? Please explain that one
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LawgInn2024 LawgInn2024 2 months ago
Your response is embarrassing. The $100.00 you can barely put up doesn't address the multitude of problems this shell is facing. The company has a negative net worth, that just a fact. The transaction needs a miracle to happen. Bring facts or stay in the playroom.
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stealofadeal stealofadeal 2 months ago
$BLTH Well sell me your shares then. Send me a private message on how much you want for your shares and then we will do a cross. Iโ€™ll be waiting.
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beholder_23 beholder_23 2 months ago
How is it undervalued? They own some land and they have no idea how much lithium is in the ground. They have no infrastructure, no leadership with expertise in this field, no engineers, no partners in the industry.. BLTH is a P.O. box.
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stealofadeal stealofadeal 2 months ago
$BLTH Ok I will take your advice and flush it down the toilet. Iโ€™m holding ALL my stock!
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lager lager 2 months ago
Yup
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LawgInn2024 LawgInn2024 2 months ago
Here is OUR OPINION. There are MANY flaws in several of the statements below. First, the company will have no choice but to do the 1-5 reverse split that they have filed for, resulting in the OS going from 11.6 million to 2.6 million. If, by chance, the S-1 is even remotely successful (and that's a BIG IF), it will create MASSIVE, historical, sweeping dilution to existing and pre-raise shareholders. In addition, it appears that there are a significant number of convertibles that will induce even more painful dilution. There is SO much paper out there it's tough even to imagine the amount of dilution ahead, could be millions and millions, we can't keep track of the prinitng press anymore. In our opinion, this stock is uninvestable until the equity cap table is thoroughly flushed, they have the required working capital to execute, which could take years. This goes without saying that the "executive team", has to go as soon as possible and be replaced with professionals that know what they are doing and that have a history of success...the current group has neither. The last SPAC deal was terminated once they realized who would be at the wheel of this thing, from what we heard. These significant challenges (and there are many, many, many more) don't even take into consideration that the shine is off the lithium market. We have an oversupply and there's no indication that there's a meaningful amount of lithium in the BLTH claims and that these guys can extract it profitably. This is a 2026-27 story at best, if it ever even gets off the ground. In the meantime, in our opinion, this stock is untouchable and should be avoided...run, run, run...run away.
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stealofadeal stealofadeal 2 months ago
$BLTH Our market cap is grossly undervalued at under 4 million and the merger proposal has us at a valuation of 150,000,000.00 dollars. This ticker is flying way under the radar.
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Forager Forager 2 months ago
New filing on 9/26/2024
S-1/A
https://www.americanbatterymaterials.com/filings.
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exisnet exisnet 2 months ago
One way look at itโ€ฆ another way SPAC is interestedโ€ฆ
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RKMKE RKMKE 2 months ago
Not proved yet and otherwise everyone will lease the land for 100k and will sell it for billions.. imo

No DLE related work doneโ€ฆ so what Graber and Lux are getting paid for almost 400k a year..
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exisnet exisnet 2 months ago
Lithium worth Billions...
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stealofadeal stealofadeal 2 months ago
$BLTH Latest update and if this gets approved it will shoot up like a rocket.
https://finance.yahoo.com/news/american-battery-materials-signs-letter-140000527.html/
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RKMKE RKMKE 2 months ago
After how many RS? Hahah
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exisnet exisnet 2 months ago
$BLTH Easily head to dollars... Been a long journey...
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stealofadeal stealofadeal 2 months ago
$BLTH Little buying today and very very thin on the ask. News is encouraging but with this tight share structure this could take off like a rocket.......
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exisnet exisnet 2 months ago
Good news... thanks
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RKMKE RKMKE 2 months ago
No assurances can be made that the parties will successfully negotiate and enter into a definitive agreement, or that the proposed transaction will be consummated on the terms or timeframe currently contemplated, or at all.

Graber gonna get all of yours $$$&
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ipiros ipiros 2 months ago
https://finance.yahoo.com/news/american-battery-materials-signs-letter-140000527.html/
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lager lager 2 months ago
Nah, you'll be doing tax write offs for years to come.
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exisnet exisnet 2 months ago
Going be a runner on the Big Exchange... 100mm AS with a tiny float...
The filing of a Certificate of Amendment of the Certificate of Incorporation that will decrease the authorized number of shares of the Companyโ€™s Common Stock to One Hundred Million (100,000,000) shares.

SCHEDULE 14C
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exisnet exisnet 2 months ago
Iโ€™m confident I will recover my full capital invested with ABM upon uplisting to American or Nasdaq exchanges after the 1:5 RS. Considering Lithium is worth Billions, my position likely will double, triple or moreโ€ฆ gl
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noradio noradio 2 months ago
What does he do for work? Like day job? Is it just trading?
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lager lager 2 months ago
100% looks that way for sure.
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Kunk Kunk 2 months ago
Theyre repeating the scam all over again.
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lager lager 2 months ago
LOL. Yuck.
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RKMKE RKMKE 2 months ago
A grant of discretionary authority to the Board of Directors or the executive officers of the Company to implement a reverse stock split of the outstanding shares of Common Stock on the basis of one post-reverse split share for up to every five (5) pre-reverse split shares (for example, if you own 5 shares now, you will own 1 share after the reverse stock split) to occur as soon as practicable, but in no event later than 120 days after the date of this Information Statement, with the exact time of the reverse stock split and the exchange ratio of the reverse split to be determined by the Board of Directors or the executive officers of the Company. A proposed 1-for-5 reverse stock split of the outstanding shares of Common Stock would reduce the outstanding shares of Common Stock from approximately 11.6 million shares to 2.3 million shares.

2. The filing of a Certificate of Amendment of the Certificate of Incorporation that will decrease the authorized number of shares of the Companyโ€™s Common Stock to One Hundred Million (100,000,000) shares.

3. The adoption of the Companyโ€™s 2024 Incentive Compensation Plan, under which 4,000,000 shares of common stock will be reserved for issuance thereunder.



https://www.sec.gov/Archives/edgar/data/1487718/000149315224036977/formpre14c.htm
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exisnet exisnet 3 months ago
PROSPECTUS SUMMARY

...In order to achieve our current objectives at the Lisbon Valley Lithium Project, our estimated pre-production phase timelines and significant milestones include (i) the processing and approval by the BLM during the third quarter of 2024 of our exploration permits to drill, (ii) the commencement of drilling exploration wells by the end of 2024, (iii) the preparation of our Regulation S-K Subpart 1300 technical report on our exploration results in late-2024, (iv) the selection of a DLE technology provider in early 2025, (v) the development and building of a pilot lithium extraction plant in the first half of 2025, and (vi) the commencement of drilling production wells by the end of 2025. Our production phase, which primarily includes the building of a permanent lithium extraction plant, is estimated to begin in 2026.

FORM S-1
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Kunk Kunk 3 months ago
Good luck to you as well. Just know what's going on here so you don't keep your hopes up. Nothing will ever happen.

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Kunk Kunk 3 months ago
Absolutely nothing will ever be done here. Nothing.

In a year or two when he can no longer milk lithium as a scam he will move on to something else, like crypto etc, just like he has many times before.
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exisnet exisnet 3 months ago
All good... either like it or don't... gl
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Kunk Kunk 3 months ago
And don't forget all of the interest Graber collects on the notes he issues...to essentially himself lol.

He's using this as his own personal bank where only he collects lol.

Run...
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Kunk Kunk 3 months ago
The latest note Juky 11 for 200k was issued by guess who?

David Graber himself. Again.

Wake up. Open your eyes. Theyre simply repeating the same thing they did a few years ago. Graber loans the company money, the company then uses that money to pay Grabers salary, when the notes all become due they convert all of Grabers notes to shares, do a RS, and Graber ends up owning more of the company than ever without spending a dime.

It's a scam. Pure and simple a scam. Owning mining rights is perfect to pull it off because then they never really have any expenses in running a company...just paying themselves millions every year.

Run...don't walk away from this.
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lager lager 3 months ago
Yup.
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RKMKE RKMKE 3 months ago
At this point, all the current officers are kicked out? https://www.otcmarkets.com/stock/BLTH/profile

Company Officers & Contacts
Not available

Board of Directors
Not available
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exisnet exisnet 3 months ago
Where getting Millions? Not selling shares... Third party Investors with no connection with Management funding this Lithium operation. Either going Bust or Making Bank. Choose your poison.
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Kunk Kunk 3 months ago
Those notes exist to do one thing...pay these guys millions every year. Within 6 months they will convert them like they did before and then do another RS.

As far as their lithium being worth billions, that they paid 100k for btw lol, here is a link to spot lithium prices. Goto the 5 year chart. Youll see that lithium prices have fallen to lower than what they were even 5 years ago before the boom.

It's over...for lithium and the company. You just haven't accepted it yet.

https://tradingeconomics.com/commodity/lithium

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exisnet exisnet 3 months ago
Plenty money... look at all those notes... Lithium is worth Billions. Once the two existing wells are approved for drilling and samples taken to prove either Lithium or no Lithium...
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