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to the guy that recommended abml

465,870 Views | 2443 Replies | Last: 8 days ago by houstonaggie76
SW AG80
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AG
I missed some of the run up today but hopefully come March I will be happy. And maybe beyond.
On BMIX.
HoustonAggie37713
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Hell of a day.

+$176,500 on BMIX
+$41,620 on ABML
South Platte
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HoustonAggie37713 said:

South Platte said:

HoustonAggie37713 said:

jaggiemaggie said:

maybe i'm being greedy here, but still a good buy at $0.04?


I got some there about 10 mins ago. But I'm in this for the long term.
So, we're nearly at the end of Monday. What say you for Tuesday - Friday? February?


I did my research and I like both these picks long term. They will go up and down but both have huge news coming. I don't have a magic ball I have weeks of research. If you want to say trade them there is money to be made for sure.
Hey, I'll take my ABML winnings today and be happy. I could have made $25k on BMIX-alot but I'll settle for $4k. I could have lost $4k today too.
COAg15
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AG
Jesus, apparently I still need my balls to drop. I only put like a few hundred in and was pleased with BMIX. Gotta up my game, damn.
03_Aggie
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RiverAg 80 said:

I missed some of the run up today but hopefully come March I will be happy. And maybe beyond.

I'd plan on day trading ABML for now...

Quote:

We may need additional financing to execute our business plan and fund operations, which additional financing may not be available on reasonable terms or at all.

We believe that we require a minimum of $10 million of working capital over the next 12 months in order to fund our current operations, excluding the construction of our initial recycling facility near Reno, Nevada. We have undertaken registration of our common shares to potentially provide a portion of this necessary capital. However, we may require additional capital over the next 12 months, the receipt of which there can be no assurance. In addition, we will require additional capital in order to fully develop our recycling facilities. We intend to seek additional funds through various financing sources, including the private sale of our equity and debt securities, joint ventures with capital partners and project financing of our recycling facilities. In addition, we will consider alternatives to our current business plan that may enable to us to achieve revenue producing operations and meaningful commercial success with a smaller amount of capital. However, there can be no guarantees that such funds will be available on commercially reasonable terms, if at all. If such financing is not available on satisfactory terms, we may be unable to further pursue our business plan and we may be unable to continue operations, in which case you may lose your entire investment.

Our independent auditors have expressed substantial doubt about our ability to continue as a going concern. If we do not continue as a going concern, investors will lose their entire investment.

In their report on our financial statements included in this prospectus, our independent auditors have expressed substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern is an issue raised as a result of ongoing operating losses and a lack of financing commitments then in place to meet expected cash requirements. Our ability to continue as a going concern is subject to our ability to generate a profit and/or obtain necessary funding from outside sources, including obtaining additional funding from the sale of our securities, increasing sales or obtaining loans and grants from various financial institutions where possible. If we do not continue as a going concern, investors will lose their entire investment.

Orlando Ayala Cant Read
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AG
HoustonAggie37713 said:

Hell of a day.

+$176,500 on BMIX
+$41,620 on ABML


+$22k on BMIX today. Thank you. Would have been more, but I got in later than anyone as I had a work crisis I was dealing with between 8:15 and 8:45 am.

Now I gotta figure out managing this in relation to the tax burden if I sell. Any thoughts on that? I don't need cash for context.
LatinAggie1997
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AG
Which ticker?
MRB10
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AG
I don't think it has anything to do with balls. I threw a few hundred in as a flyer but struggled to justify more due to the companies balance sheet and lack of confidence in the source. I didn't pay attention to the Barnes stuff but I'm immediately skeptical anytime someone I don't know hawks penny stocks unless it's someone I've been following for a long time(OA, McInnis, etc.). I like the space and OP made decent points on the execs so I threw in a flyer.

For some folks on here $10-30k is a flyer just as $500 was for me. I don't think anyone can fault you for choosing to only put in a few hundred as it's all relative to the size of your portfolio and risk tolerance.
“There is no red.
There is no blue.
There is the state.
And there is you.”

“As government expands, Liberty contracts” - R. Reagan
FTAG 2000
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AG
03_Aggie said:

RiverAg 80 said:

I missed some of the run up today but hopefully come March I will be happy. And maybe beyond.

I'd plan on day trading ABML for now...

Quote:

We may need additional financing to execute our business plan and fund operations, which additional financing may not be available on reasonable terms or at all.

We believe that we require a minimum of $10 million of working capital over the next 12 months in order to fund our current operations, excluding the construction of our initial recycling facility near Reno, Nevada. We have undertaken registration of our common shares to potentially provide a portion of this necessary capital. However, we may require additional capital over the next 12 months, the receipt of which there can be no assurance. In addition, we will require additional capital in order to fully develop our recycling facilities. We intend to seek additional funds through various financing sources, including the private sale of our equity and debt securities, joint ventures with capital partners and project financing of our recycling facilities. In addition, we will consider alternatives to our current business plan that may enable to us to achieve revenue producing operations and meaningful commercial success with a smaller amount of capital. However, there can be no guarantees that such funds will be available on commercially reasonable terms, if at all. If such financing is not available on satisfactory terms, we may be unable to further pursue our business plan and we may be unable to continue operations, in which case you may lose your entire investment.

Our independent auditors have expressed substantial doubt about our ability to continue as a going concern. If we do not continue as a going concern, investors will lose their entire investment.

In their report on our financial statements included in this prospectus, our independent auditors have expressed substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern is an issue raised as a result of ongoing operating losses and a lack of financing commitments then in place to meet expected cash requirements. Our ability to continue as a going concern is subject to our ability to generate a profit and/or obtain necessary funding from outside sources, including obtaining additional funding from the sale of our securities, increasing sales or obtaining loans and grants from various financial institutions where possible. If we do not continue as a going concern, investors will lose their entire investment.


This for BMIX?
HoustonAggie37713
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03_Aggie said:

RiverAg 80 said:

I missed some of the run up today but hopefully come March I will be happy. And maybe beyond.

I'd plan on day trading ABML for now...

Quote:

We may need additional financing to execute our business plan and fund operations, which additional financing may not be available on reasonable terms or at all.

We believe that we require a minimum of $10 million of working capital over the next 12 months in order to fund our current operations, excluding the construction of our initial recycling facility near Reno, Nevada. We have undertaken registration of our common shares to potentially provide a portion of this necessary capital. However, we may require additional capital over the next 12 months, the receipt of which there can be no assurance. In addition, we will require additional capital in order to fully develop our recycling facilities. We intend to seek additional funds through various financing sources, including the private sale of our equity and debt securities, joint ventures with capital partners and project financing of our recycling facilities. In addition, we will consider alternatives to our current business plan that may enable to us to achieve revenue producing operations and meaningful commercial success with a smaller amount of capital. However, there can be no guarantees that such funds will be available on commercially reasonable terms, if at all. If such financing is not available on satisfactory terms, we may be unable to further pursue our business plan and we may be unable to continue operations, in which case you may lose your entire investment.

Our independent auditors have expressed substantial doubt about our ability to continue as a going concern. If we do not continue as a going concern, investors will lose their entire investment.

In their report on our financial statements included in this prospectus, our independent auditors have expressed substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern is an issue raised as a result of ongoing operating losses and a lack of financing commitments then in place to meet expected cash requirements. Our ability to continue as a going concern is subject to our ability to generate a profit and/or obtain necessary funding from outside sources, including obtaining additional funding from the sale of our securities, increasing sales or obtaining loans and grants from various financial institutions where possible. If we do not continue as a going concern, investors will lose their entire investment.


So, lets look at that.

They had trouble raising capital....and now their stock price has gone from $0.02 to $4+.

I think they'll be just fine.
HoustonAggie37713
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Orlando Ayala Cant Read said:

HoustonAggie37713 said:

Hell of a day.

+$176,500 on BMIX
+$41,620 on ABML


+$22k on BMIX today. Thank you. Would have been more, but I got in later than anyone as I had a work crisis I was dealing with between 8:15 and 8:45 am.

Now I gotta figure out managing this in relation to the tax burden if I sell. Any thoughts on that? I don't need cash for context.
I am holding long for now. Taxes can't be avoided, and if you sell now, you may owe quarterly payments.
cjo03
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AG
I have not been to Vegas since 2019... but this thread made me feel like I was in Vegas today - and it was fun.

South Platte
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No, it's from the ABML prospectus, issued 1/8/21.

https://americanbatterytechnology.com/investors/
HoustonAggie37713
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South Platte said:

No, it's from the ABML prospectus, issued 1/8/21.

https://americanbatterytechnology.com/investors/


So add on 10-15 times the capital from then.
HoustonAggie37713
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ABML has Ryan Melsert. Paul Pelosi. 6 other Tesla executives. They won't have any problems raising capital. People are throwing it at them.
jja79
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AG
Good to know about Pelosi. They won't have to play by the rules. Adding to my little stake.
HoustonAggie37713
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jja79 said:

Good to know about Pelosi. They won't have to play by the rules. Adding to my little stake.



Actually lithium mining is highly regulated by the states. Again to my point of why the potential of BMIX is unlimited. They can wreck their land and pay their employees way less.
03_Aggie
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South Platte said:

No, it's from the ABML prospectus, issued 1/8/21.

https://americanbatterytechnology.com/investors/


Correct. Which is tied to essentially a put agreement with a private equity firm. 50m shares, or $10m, when the transaction price is contingent on the average of he two lowest VWAP days in a five day window.

So what appears to be a price spike on the heels of this deal is pretty interesting. The higher the price, the less shares they need to get the $10m to cover this years "operating expenses."
HoustonAggie37713
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03_Aggie said:

South Platte said:

No, it's from the ABML prospectus, issued 1/8/21.

https://americanbatterytechnology.com/investors/


Correct. Which is tied to essentially a put agreement with a private equity firm. 50m shares, or $10m, when the transaction price is contingent on the average of he two lowest VWAP days in a five day window.

So what appears to be a price spike on the heels of this deal is pretty interesting. The higher the price, the less shares they need to get the $10m to cover this years "operating expenses."


That's exactly how I read it.
03_Aggie
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HoustonAggie37713 said:

South Platte said:

No, it's from the ABML prospectus, issued 1/8/21.

https://americanbatterytechnology.com/investors/


So add on 10-15 times the capital from then.


No, they're about to dilute your shares is what they are about to do. Seems like you'd know these details if you have multiple weeks researching the company?
jja79
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AG
But having a member of one of the two most corrupt families in America can't hurt.

I like your BMIX play. I think it's got real long term potential for exactly the reasons you said.
HoustonAggie37713
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03_Aggie said:

HoustonAggie37713 said:

South Platte said:

No, it's from the ABML prospectus, issued 1/8/21.

https://americanbatterytechnology.com/investors/


So add on 10-15 times the capital from then.


No, they're about to dilute your shares is what they are about to do. Seems like you'd know these details if you have multiple weeks researching the company?


Which is what every company does to raise capital. They won't even finish their plant until August. I'm well aware of the process. They will sell shares. Raise capital in seed rounds, etc. But by all means don't invest of your don't like them. I certainly haven't pushed anyone.


You picked an odd day to question my research. Lol.
HoustonAggie37713
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jja79 said:

But having a member of one of the two most corrupt families in America can't hurt.

I like your BMIX play. I think it's got real long term potential for exactly the reasons you said.


Doesn't every company have a board full of thieves? Warren Buffett should be serving 100 life sentences.
LatinAggie1997
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AG
We know your tired and we appreciate the "at your own risk" cautionary tips...


what's next tip?


** Wildest dream scenario - BMIX breaks through...is it the type of company that with lots of luck exits OTC onto the big boards, and if it is possible, would holding onto current shares be wise or is there a new process?


kyledr04
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AG
I saw this thread on Friday and thought about getting in then forgot. Glad to see it was good day for a lot of you.
HoustonAggie37713
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LatinAggie1997 said:

We know your tired and we appreciate the "at your own risk" cautionary tips...


what's next tip?


** Wildest dream scenario - BMIX breaks through...is it the type of company that with lots of luck exits OTC onto the big boards, and if it is possible, would holding onto current shares be wise or is there a new process?



Hold. Both ABML and BMIX will continue to deliver.
HoustonAggie37713
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From Biden today:

https://www.rev.com/blog/transcripts/joe-biden-speech-on-american-manufacturing-transcript-january-25

We'll also make historic investments in research and development, hundreds of billions of dollars to sharpen America's innovative edge in markets where global leadership is up for grabs. Markets like battery technology, artificial intelligence, biotechnology, clean energy. The federal government also owns an enormous fleet of vehicles, which we're going to replace with clean electric vehicles made right here in America by American workers, creating millions of jobs, a million auto worker jobs, and clean energy, and vehicles that are net zero emissions.



ABML already has 2 such contracts. It will be a giant growth stock.
2wealfth Man
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AG
loaded up on both stocks Friday and today HoustonAg. Don't need the funds so I am riding this and see where it goes.
HoustonAggie37713
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2wealfth Man said:

loaded up on both stocks Friday and today HoustonAg. Don't need the funds so I am riding this and see where it goes.


That's when you make the best decisions. Congrats on the win.
bigcat22
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AG
Any thoughts on if BMIX will pull back some tomorrow?

I was pulled into meetings all day and dumb me tried to set a limit trade in my Merrill account this morning forgetting that they don't allow OTC trades. Needless to say, my TD Ameritrade account is locked and loaded, just waiting for a good entry point tomorrow.
Jet Black
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Did you get into OZSC? Thought on it?
wessimo
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AG
Watchlisted. Need to get in on this boiler room action.
Philip J Fry
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AG
Very leery about the pump and dump here.

Part of me tells me to take my profits and never look back tomorrow. The other says what the hell, let it ride.
TexAgs91
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AG
HoustonAggie37713 said:

From Biden today:

https://www.rev.com/blog/transcripts/joe-biden-speech-on-american-manufacturing-transcript-january-25

We'll also make historic investments in research and development, hundreds of billions of dollars to sharpen America's innovative edge in markets where global leadership is up for grabs. Markets like battery technology, artificial intelligence, biotechnology, clean energy. The federal government also owns an enormous fleet of vehicles, which we're going to replace with clean electric vehicles made right here in America by American workers, creating millions of jobs, a million auto worker jobs, and clean energy, and vehicles that are net zero emissions.



ABML already has 2 such contracts. It will be a giant growth stock.
I've also got AITX, which has been doing great.
"Freedom is never more than one election away from extinction"
Fight! Fight! Fight!
MRB10
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AG
Sounds like a great time to go net free and maybe a bit extra for a rainy day.
“There is no red.
There is no blue.
There is the state.
And there is you.”

“As government expands, Liberty contracts” - R. Reagan
 
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