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to the guy that recommended abml

465,865 Views | 2443 Replies | Last: 8 days ago by houstonaggie76
Tibbers
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lol **** you can have that for free lol
WildAg08
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AG
Anyone know what company has the rights to the new lithium field in Oregon?
cadetjay02
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AG
ABML is doing a reverse 15-1 split this morning. I'm pretty sure this scam might last forever, still holding my shares though just in case.
wcb
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AG
Well crud. My balance went to 3x my original investment. I was about to cash out. I'm guessing price has been adjusted but shares have not.

Monday wins again.
IslandAg76
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AG
Didn't they do about a thousand to one or something like that, reverse split a year or so ago?
bmks270
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AG
cadetjay02 said:

ABML is doing a reverse 15-1 split this morning. I'm pretty sure this scam might last forever, still holding my shares though just in case.


It's amazing how long this "company" has been around reinventing itself and conning investors.
HoustonAggie37713
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Yes, a split where they give you the exact same value in order to uplist to NASDAQ means its a scam.

That must be why its up 16% today.

That must be why hey are about to open their new recycling plant

Must be why they own one of the best lithium land holdings in North America

Must be why they waited until now to announce several commercial agreements

I'm still here and have done nothing but continue to buy.

My expectations are as high as ever, and I will be here right or wrong.
HoustonAggie37713
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wcb said:

Well crud. My balance went to 3x my original investment. I was about to cash out. I'm guessing price has been adjusted but shares have not.

Monday wins again.
Um, no. Check your balance once it clears. You will be happy.
HoustonAggie37713
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IslandAg76 said:

Didn't they do about a thousand to one or something like that, reverse split a year or so ago?
False
Tibbers
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I guess they are conning BASF because they just announced a partnership with them.

https://catalysts.basf.com/news/partnership-between-basf-and-nanotech-energy-will-enable-production-of-lithium-ion-batteries-in-north-america-with-locally-recycled-content-and-low-co2-footprint
HoustonAggie37713
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BASF is one of many.
WildAg08
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AG
I think the big reverse split was BMIX
wcb
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AG
HoustonAggie37713 said:

wcb said:

Well crud. My balance went to 3x my original investment. I was about to cash out. I'm guessing price has been adjusted but shares have not.

Monday wins again.
Um, no. Check your balance once it clears. You will be happy.
What am I missing? Price and shares both now adjusted and I'm back to my 82% loss position.

It was fun while it lasted.
HoustonAggie37713
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You should have had gains over yesterday. That doesn't remake you happy?
HoustonAggie37713
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BASF must be a scam. They couldn't have just released this:

https://www.basf.com/global/en/media/news-releases/2023/09/p-23-292.html
Sandman98
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AG
1,450%
HoustonAggie37713
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No. It was up like 3% yesterday at close.
wcb
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AG
HoustonAggie37713 said:

You should have had gains over yesterday. That doesn't remake you happy?
Seeing a gain of 3x my investment made me very happy.

Then it was gone.
bmks270
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AG

This stock was around $3.00 before the pump and dump from Dec 2020 to Jan 2021.

At the end of Jan 2021 it peaked around $58 and at the time of this post is now worth $8.78. (On the date this thread was created it was trading for $50).

In the 2-1/2 years this thread has been alive the company has not achieved a single technological milestone that they and their online sunshine pumpers have promised.

This company projected they'd have 180 MM of revenue in 2022 with their recycling plant. A year later they still have zero revenue and no recycling plant. The company had no revenue in 2021 or 2022, with a negative net income of -40 MM and -30MM (!) and has nothing to show for it. (Where did the money go?)

This company has changed their name and proposed technology multiple times. The company is a lithium miner one day, and a battery recycler the next.

More recently they have received 57 MM cost share grant from the DOE to build a demo plant.

The company has survived on promising investors profits, and promising governments new technology.

I know a company that had tens of millions in grants that also ended up filing for bankruptcy less than five years later. A DOE grant is not proof of anything, it's not proof a technology will work, scale successfully, or that the team is capable of executing.

They do as much as they need to to keep finding new money.
HoustonAggie37713
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So many falsehoods above. But whatever helps you feel better. I'm winning big on this stock and only going to keep winning. NASDAQ next week.
cadetjay02
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AG
What exactly is false, I've been in and still hold this stock for a long time and all of this is pretty accurate. They have produced nothing except press releases. I hope that changes sooner rather than later.
Tibbers
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Following a similar trajectory as BMIX/ATLX
HoustonAggie37713
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cadetjay02 said:

What exactly is false, I've been in and still hold this stock for a long time and all of this is pretty accurate. They have produced nothing except press releases. I hope that changes sooner rather than later.


They are a pre revenue company that just completed their 2nd plant. They start production next month. This has been in their company presentation timeline for almost 18 months. Have you done any research? All he's doing is giving examples of other stocks that have failed. Stocks that have nothing to do with ABMLD. I'd you actually believe him and you still own the stock….you have problems. You should have dumped a while back.
HoustonAggie37713
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Where did the money go? Read. Do you think 2 state of the art recycling and production plants are free? They bought one of the largest lithium land masses in North America. Added several ex Tesla employees.

https://americanbatterytechnology.com/projects/
bmks270
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AG
They projected 180 MM revenue in 2022 in one of their slide decks from 2021! Those projections were out right deceitful. They don't have a great track record and I'm not sure why anyone would expect that to change. Their history is sketchy as hell.

I will acknowledge it appears they're building something with their grant money and appear to be hiring. I haven't seen enough about their costs to know if their technology will be profitable, and I don't know enough about the market to know if they will have enough customers and demand for a viable business. It should be obvious that receiving grant money doesn't mean the business is viable, but it at least gives them a shot at trying.

I reviewed some of the slide decks on their website. They lack any details on what their cost will be to produce raw material vs. the market rate for raw materials. I know some of those details might be kept closer to the vest and only shared with possible funding partners, but it's something that would be important for anyone considering investing since they're publicly traded.

When this thread began, ABML was a penny stock being pumped and dumped. Because of the timing of posts on this board, I think the stock was brought up on TexAgs by the orchestrators of the pump and dump to find bag holders.

Maybe ABML does something with their grants and reach revenue, maybe not, but I wouldn't go near this investment because of the sketchy history and red flags.
HoustonAggie37713
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The new CEO changed the entire direction of the company in 2022. You're focused on an old presentation in which you claim a profit projection was made of $180 million. All of this was addressed by incoming CEO Ryan Melsert, who focused on building two now complete commercial scale buildings which go operational this month. Their technology has been proven and their partnership with not only the US government but also BASF is well documented. They uplist this week. They have commercial feedstock agreements and have recently been endorsed by the US energy secretary, and Senator Cortez Mastro. Joe Biden recently interviewed Melsert and called his technology remarkable. I'm not a Biden fan but it goes to show the level of support Melsert has attained.

You're just regurgitating old and outdated info. But at least you finally acknowledged thier new buildings. It's a start.
IslandAg76
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AG
Well.......if Joe Biden says it's good.......
HoustonAggie37713
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IslandAg76 said:

Well.......if Joe Biden says it's good.......


It really doesn't matter what he thinks. The hundreds of millions in grants will.
HoustonAggie37713
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The stock has moved to NASDAQ and is up 23% in its first day on a major exchange.
wcb
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AG
Still down 78% but it's a start
Rule Number 32
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AG
Yep I am still at -75% on ABML. I havent paid any attention to this since it went in the crapper a couple of years ago. So they just did a reverse split, changed stock exchanges, and then changed to ABAT right? Trying to catch up on all the bull****tery that has happened here.
EnronAg
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AG
I hope they don't allow options for you ABML degenerates
HoustonAggie37713
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If you're down 75% you bought the high and I'll refer back to the first post on here. Do not chase. But I also believe this is headed for a $10B market cap in a few years so no worries.
southernboy1
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AG
I'll spark it'll again
I'm down $700 or so. I will take that. Is there a need to stay? My thought is I'll stay and see what happens.
wessimo
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ABAT down 20% since getting listed on NASDAQ. If it continues on this trajectory they are going to have to do another reverse split to avoid getting delisted.
 
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