American Battery Materials Inc (BLTH)

[Bruinfan4ever]

This company may be on the verge of being toast. I just don't see how they can raise much capital at .03 without some major major dilution. If this thing drops below .01 it's pretty much over. Any R/S would just wipe out a majority of you shares.

I think they are riding on whether they have a big 4th quarter or not.

The reality is this thing should be trading in the .10-.15 range right now, not .03.

I really liked this company too. But you can't grow a company with no cash.