I missed some of the run up today but hopefully come March I will be happy. And maybe beyond.
On BMIX.
On BMIX.
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.HoustonAggie37713 said:South Platte said:So, we're nearly at the end of Monday. What say you for Tuesday - Friday? February?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.
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.
RiverAg 80 said:
I missed some of the run up today but hopefully come March I will be happy. And maybe beyond.
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.
HoustonAggie37713 said:
Hell of a day.
+$176,500 on BMIX
+$41,620 on ABML
This for BMIX?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.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.
I am holding long for now. Taxes can't be avoided, and if you sell now, you may owe quarterly payments.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.
South Platte said:
No, it's from the ABML prospectus, issued 1/8/21.
https://americanbatterytechnology.com/investors/
jja79 said:
Good to know about Pelosi. They won't have to play by the rules. Adding to my little stake.
South Platte said:
No, it's from the ABML prospectus, issued 1/8/21.
https://americanbatterytechnology.com/investors/
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."
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.
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?
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.
Hold. Both ABML and BMIX will continue to deliver.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?
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.
I've also got AITX, which has been doing great.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.