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He says I buy and sell in front of him
If I did was 100% coincidence OR
He taught me how to trade
You'll love the group
Thank you. Glad to be here and looking for a massive run:)
This is such an excellent read!!
Welcome to position A.
IBATF was my first lithium play.
FMC spun off to Livent around the same time.
When I was researching Dr. Burba I came across FMC, so I bought Livent every month right after that the short sells came and the price of lithium was going down.
Researching Burba I came across Standard lithium. Burba worked at the company Standard is working with doing boron extraction 25 years earlier.
IBATF was going down in price and so was Livent I cut my loses and went after SLI which was the closest one with a big pilot plant for DLE being built and LIACF was a clay I found,
I was flipping back and forth between SLI and LIACF, like a perfectly timed swing set. Trades got bigger and I decided to stay with lithium the brines and clays. I put all the CEO interviews on a play list on YouTube and played them over and over and added to them. I always added LLKKF on those flips at .03 and kept an eye on ibatf waiting for the bottom.
I connected to many people on LinkedIn in the lithium business and followed some as well and I just reading their posts and in time I asked question. And had friendly debates.
There was an engineer from CTR bragging about Salton Sea and posted about it on LinkedIn and shared with me the first video on DLE I ever saw. He said that he helped design and worked on it. He now works for Berkshire Energy at Salton Sea, head engineer Lithium department.
He answered many questions back then. I'll keep them private. So, he got me interested in the brines.
Just bought a starting position here. Really like what I am seeing :)
Our of curiosity, how old are you TC? Do you have background in mining? Still monitoring TexasMRC and bought 10 shares on that for monitoring
I thought you would like the link.
Snow in my area melted already very little hit us. ND got hit hard.
Are you on vacation this week?
You were born in a great era where the tech/computers are fast. So many great areas of tech 3D printing plastics and metals. CDC programs and so much more.
Elon talked about an electric plane/rocket. He said, "Going straight up and reaching a certain altitude where there is no drag on the "plane" would be good for long distances" and it can easily be done.
He also says that it is not an urgent issue and is not going to do it. I watch a lot of his interviews but cannot remember which one it was. Next time I see it I will post it to you.
I think I would have leaned towards engineering if I was a young man. Exciting times for your generation.
I am glad I was smart enough to invest in the techs early, I get to buy the cool toys your generation makes
Stay thirsty.
Carbon colonialism, ha.
When work brings up our greener cleaner initiative this summer, I will try to sneak that video in on the presentation ??
This is good.
https://www.benchmarkminerals.com/
We use a trifecta of sites, Moodys, Bloomberg and bls.gov.
To gain insight on project cost due to raw metals price. We use to use a Chinese site for raw metals projections, but they took the site down(I think they privatized it for internal use). But whatever the case what Benchmark is doing is good for the lithium market, clearer transparency for investors(past and future) and purchasers of the material.
Hope your enjoying the snow as I am ??
Good morning gregcod, I hope you all had a great weekend.
I see that you watched the video all the way through.
Smiling from ear to ear.
I hope that is an eclectic fishing boat, I am so green I only fish for eclectic eels.
(Bad joke)
I'm up late this am did Burba slip any news out for Monday?
Bill Gates appreciates you holding your farts..wants to get rid of the Cows who dont hold back..LOL..All kidding aside..I like Prime Rib/Filet mignon..and hummers and Boats..Must buy more IBATF! Now!
By the time the lightning comes out I won't have bought anything. I am anti spending and buying things is hard for me haha happy easter
I'm buying the Hummer I have trees in my yard, and own some ASX lithium stocks so I have carbon credits coming and I hold my farts
Im buying More IBATF...Musk Knows The Man Dr.Burba Because ..Hes the Lithium Extraction Green Guru!..IMO.Company will grow to $100..pps. Did I Say This price dip of below $5 is time to buy Again on the dip. ..After the 4 Different Brines are tested soon by Burbas Lithium Extraction Modular ..Mobile..Plant..gets results on the his system.... this stock will be at $ 25 and going up as Chile and Argentina and Other hook up with Burba..as Elon Musk will try to do Again..
I'm buying 2nd generation lightning when it comes out after batteries improve
Application Number- 16171107
03-18-2022 NOA Notice of Allowance and Fees Due (PTOL-85)
Child Continuity Data
16/170,316 filed on 10-25-2018 which is Abandoned claims the benefit of 62/577,554
PCT/US18/57578 filed on 10-25-2018 which is Published claims the benefit of 62/577,554
16/171,107 filed on 10-25-2018 which is Pending claims the benefit of 62/577,554
16/171,109 filed on 10-25-2018 which is Patented claims the benefit of 62/577,554
17/582,391 filed on 01-24-2022 which is Pending claims the benefit of 62/577,554
17/701,893 filed on 03-23-2022 which is Pending claims the benefit of 62/577,554
The Lithium ion Battery Raw Material Price Index allows electric vehicle and energy storage end users to track the real-world proportionate percentage movement in the cost of the critical battery cathode raw materials over time, and tie this to their relative application of lithium ion battery cathode chemistries on a per kilowatt hour (kWh) basis.
The data is designed specifically to be used in lithium ion battery cell supply contracts, allowing suppliers and customers to accurately track the relative movement in raw material battery costs to use in a cost pass through structure, without surrendering confidential upstream contract price structures or details.
Download the Benchmark Lithium ion Battery Raw Material Price Index methodology for further details
Contact Us to speak to our Lithium ion battery price experts for more information
https://www.benchmarkminerals.com/lithium-ion-battery-raw-material-index/
Robert R Nichols
• Following
Benchmark Mineral Intelligence / Business Development Manager - Subscriptions & Events
1d • 1 day ago
Benchmark launches a FREE and the world’s first Lithium ion Battery Price Index.
Understanding and tracking these raw material changes on lithium ion batteries can be challenging for #electricvehicles makers, especially for NCM and LFP chemistries.
“Benchmark’s Lithium ion Battery Raw Material Price Index allows users to accurately track real-world movements in lithium ion battery raw material prices relative to key cathode types and track the shifting cost structure of a key component of cathode and cell supply contracts.”
API data feeds ready to go.
Learn more here:
https://lnkd.in/dz4NVr7S
https://www.linkedin.com/feed/update/urn:li:activity:6920288115811041280/
I Hate That I Love The Hummer EV
81,065 views Apr 15, 2022
Ford Motor Company
3,499,495 followers
10h • 10 hours ago
Join us April 26 to watch history in the making at the Rouge Electric Vehicle Center as we launch our smartest and most innovative #BuiltFordTough pickup ever, the all-new #F150Lightning.
#BuiltFordProud
https://www.linkedin.com/feed/update/urn:li:activity:6920792689722437632/
Yes, June 20 is the deadline on 16171107 to resolve the two plaintiff’s names or the patent becomes abandoned. I think there is some way to essentially extend with a new patent app which maybe what we are seeing with the last two new apps.
Thanks at least the timeline to "Know" is close.
This man asked to connect on LinkedIn the other day.
Dmitry Tseitlin
Co-Founder and VP Business Development at XtraLit Ltd
They make a sorbent. I cannot tell you how many different ones I have come across over the years.
https://www.linkedin.com/in/tseitlindmitry/
A private company.
XtraLit is developing unique proprietary patented technology for direct lithium extraction (DLE) from low-concentration (10-300 mg/l) aqueous sources. Our DLE sorbents have much better selectivity for lithium and durability within a process life cycle than competing technologies, increasing our partners' ROI and profitability.
https://www.linkedin.com/in/tseitlindmitry/
Yes, I never would have found them without him! No one else can see the new patent app detail until after the patent office does their initial biz.
BUT he and I both speculate there is some strategic maneuvering re: the lawsuit.
Thank you Shmackers
Child Continuity Data
16/170,316 filed on 10-25-2018 which is Abandoned claims the benefit of 62/577,554
PCT/US18/57578 filed on 10-25-2018 which is Published claims the benefit of 62/577,554
16/171,107 filed on 10-25-2018 which is Pending claims the benefit of 62/577,554
16/171,109 filed on 10-25-2018 which is Patented claims the benefit of 62/577,554
17/582,391 filed on 01-24-2022 which is Pending claims the benefit of 62/577,554
17/701,893 filed on 03-23-2022 which is Pending claims the benefit of 62/577,554
Have you talked to your friend about these two?
You are amazing, such team work here.
Position A.
I can’t link directly. But goto PAIR. Then lookup ap 16171107. Then continuity data. Then click the link for parent app 62/577,554. Then click continuity data for that app. You see all of the patent applications linked to that parent app. There are two new applications for patents filed in January and March of this year.
One would assume that the company (IBATF) talked to the lawyers before terminating.
I used to believe that they would settle. I know longer believe this. JUST MY OPINION. I do not have a law degree.
What to Do BEFORE You Fire Your Executive Director
https://www.linkedin.com/pulse/what-do-before-you-fire-your-executive-director-don-tebbe/
The Right Way to Be Fired
https://hbr.org/2001/07/the-right-way-to-be-fired
I see someone post about 2 new patents the other day I assumed it was the new Terra Lithium patents.
Now you have my attention. Do you have a link to these? I too looked after the video but did not find anything resent.
I think they said in last video another interview was coming in a few weeks.
April and May will be interesting.
I am curious about the two new recent patent applications that can be found under the continuity data but are still “private” since they are too recent. Perhaps a better absorbent? in the most recent video Burba describes it as very economical, lasts a couple years, and just needs to be topped off occasionally rather than full replacement.
I have posted more than once Logan is selling.
https://ceo.ca/insiders/william-iv-webster
I have a link to the court case in the IBOX
No one is hiding anything.
IBAT used to do the filings for NAL. Not anymore. That tells me they (IBAT) stepped away from the deal after lawsuit was filed and started to use old John Burba sorbent patent.
My opinion it gets thrown out of court.
But I do not have a law degree so do not take my word on it. I do know IBAT is not using the sorbent. Tells me no case. Patent not needed.
Ken Hoffman, CFA
• Following
Co-Head EV Battery Materials Research Group/Basic Materials Sr. Expert at McKinsey & Company, McKinsey Battery SWAT Team, E-Mobility team
3d • 3 days ago
Very excited to share our latest whitepaper on the lithium market and new lithium production technologies. Growth industries often see new technologies that help to increase production and reduce costs. Kudos to Aleksandra Krauze, who led this effort!!!
https://www.linkedin.com/feed/update/urn:li:activity:6919652097084776448/
WILLIAM M. WEBSTER, IV
William M. Webster, IV is the co-founder and chairman of the Board for Advance America, Cash Advance Centers, Inc. and served in the White House.
He earned a Juris Doctor degree from the University of Virginia School of Law
https://upstatewarriorsolution.org/people/william-m-webster-iv/
Maria Echaveste
Policy and Program Development Director
Chief Justice Earl Warren Institute on Law and Social Policy
University of California, Berkeley School of Law
2850 Telegraph Avenue, Suite 500
Berkeley, CA 94705-7220
Tel: 510-643-9291
Fax: 510-643-7095
Email Address: mechaveste@law.berkeley.edu
https://www.law.berkeley.edu/research/chief-justice-earl-warren-institute-on-law-and-social-policy/maria-echaveste/
Here is my opinion Case dismissed.
According to Bloomberg, economists in Argentina expect inflation to advance around 60% annually in 2022, which would be the highest level since 1990, when the country managed to control hyperinflation.
https://www.latercera.com/pulso/noticia/inflacion-en-argentina-se-dispara-en-marzo-y-precios-de-alimentos-suben-con-fuerza/E4EQ73OFENAENPESFZJ6PLXLBY/
Agreed. It is also why IBATF lets the world know that they are using Burba's old patent for selective sorbents.
Then why are you posting your opinion and not prepared to answer rebuttals?
The timing of the allowance, the timing of when those 2 filed suit all lead me to they're going to get bent over the gavel. I don't think the company will waste their time with counter claims but I think the company will agree to settle and those 2 will get exactly what they wanted.
He is trying to shake weak hands. He needs more shares ;)
You know the guy is trying hard, his only case for failure on this company, is around a court case that businesses don’t like to publicize. Even if IBAT hands over shares, the people being awarded them are going to crawl back into their everyday life and not interfere with the direction of this company and their goals.
I am sorry but you are a one sided argument.
Please present Burbas argument to justify your claims.
I am all ears, but I can not base a call or a decision, on one side of the argument.
And it’s really hard to make sense that millions would be spent by another company if there wasn’t a good case for rebuttal.
Have you read the defendant’s response? I had similar concern when I read the plaintiffs claim. But, what hit me post defendant’s response and the judge requesting plaintiff to ballpark damages… The plaintiffs are actually motivated for ibat to be successful. Biggest $ are centered on ibat stock. Also Ibat doesn’t dispute that they owe or will owe stock once certain milestones are met, however they hadn’t been met yet. I suspect patent app 16171107 which has both plaintiffs names on it as coinventors with Burba, which has now received notice of allowance, is somehow tied into all of this.
Also, plaintiffs attorney seems pretty focused on settling when you look at her bio. Her case studies seem to emphasize avoiding court at all costs.
Thanks for the laugh. Are you sure you’re not the one going through the 5 stages of grief?
I've read the document and the company response. Hope you have a good weekend.
Here is a post I made of my analysis of the court case in may last year. What i remember from 2018 is unexpectedly losing the Marc and Christina from the ibat team, then shortly after the JV with sorcia. Also I remember after that happened the word "oil-field brine" was missing from all company updates until 2021 in may.
Lawsuit analysis made on May 19th 2021:
This lawsuit, like all, is a moving target. First off so far we only get to see the plaintiffs views and opinions of the current state of things. We have not yet gotten a response from IBAT relating to these claims.
So in 2016 Burba partnered with these two other people to form a company called North American Lithium (NAL). These two people were/are Marc Philip Privitera and Christina Metz Borgese. These two people partnered with Burba to create a company called NAL, this company was to hold the Intellectual Property equally owned equally by Burba, Priviteral, and Borgese. NAL still owns the intellectual property for the mobile extraction unit. Well when this happened burba then formed ibat to focus on the oil-well brine. Specifically NAL contractually assigned the commonly owned intellectual property to IBAT which restricts Ibats use of the intellectual property only be used with oil-field brine. All other applications except for a specifically designated area of the imperial valley were to be used only by NAL. So the contract with NAL was that all three members would be also be part of IBAT where they could control the people who were 51% of the IBAT board of directors, and that ibat could only own the rights to oil-fields related intellectual property. At the same time the Salton sea brine areas in the imperial valley was set apart from that requirement but the company that owns the rights to mine the Salton sea valley for lithium refused to work with Burba. For some unknown reason, the salton sea company who owned the mining rights for imperial valley refused to work with burba either through ibat or NAL. So the two other partners of nal decided to try and set up a deal with the Salton sea company without burba, which was explicitly designated as something allowed in the contract that ibat had with NAL along with the employment contracts which Privitera and Borgese had with IBAT. Well something happened and burba decided to terminate the employment of both Privertera and Borgese, from their executive ibat positions, in may 2018 only weeks after signing the contract IBAT made with NAL for the intellectual property related to oil-field brines. From the lawsuit it seems he terminated their employment because they were making the deal with the salton sea company whereby he was not directly involved because the salton sea company refused to deal with burba directly. So this is the history lesson that we learn from the the lawsuit.
Going further down this rabbit hole, the lawsuit claims that IBAT has not released the original share certificates which IBAT contractually is obligated to give to both Privertera and Borgese, whereby they have not yet be able to deposit these IBAT shares into any "main street" brokerage firm because the certificates they were given are copy's and not the original. The lawsuit goes on to claim that they have not yet been able to get the original share certificates related to the NAL intellectual property acquisition contract. Also since this has happened burba has licensed the patent pending intellectual property acquired from NAL to Sorcia for non oil-fields related intellectual property and use. (Futhermore, at the patent office where burbas patent is running in to trouble. One of the main points from the examiner is that the use of the patent for oil-field specific brines is not a patentable claimed because it is a obvious use of such technology as it stands in the art. This makes it seem like IBAT will not be able to get a oil-field specific patent under the current circumstances.)
It makes it seem like burba has been violating the intellectual property contract agreement it has with NAL. Along with the withholding of the original share certificates contractually obligated to both Privertera and Borgese from the NAL - IBAT intellectual property contract.
Although there is a way for things to work them selves out in ibat's favor for sure. Like there is a chance ibat could end up with reinforced rights to it's intellectual property and that of all the non oil-fields brine applications/property as well. But I have no idea what the court might do. And these allegations are pretty intense and unexpected, so I do not lean towards thinking this will occur.
So to sum things up these are the summary of claims against IBAT as presented by both Privertera and Borgese where Privertera is still a executive officer employed at IBAT.
1. Breach of Borgese Employment Agreement against IBAT
Burba Fired Borgese for inappropriate reasons. The lawsuit Requests payment for salary, severance, and bonus. As specified by their employment contract.
2. Breach of Privitera Employment Agreement against IBAT
Burba Fired Privitera for inappropriate reasons. The lawsuit Requests payment for salary, severance, and bonus. As specified by their employment contract.
3. Breach of Share Exchange Agreement against IBAT
Non-payment of Quarterly Royalty Payments, in violation of
Section 2.4 and Schedule C
Failure to create of advisory board “to oversee the development
and implementation of lithium extraction and processing
technology” where two of three positions are to be appointed by
NAL
. Prevented NAL from overseeing the development and
implementation of the intellectual property,
Prevented NAL from nominating 51% of IBAT Board seats
Licensing of technology to other parties
4. Breach of Contract Share Exchange Agreement against IBAT
By the Holders of Shares Issued by SA Lithium, Borgese and Privitera
(“Borgese and Privitera”)
Failure to deliver original share certificates to Borgese and
Privitera for 1,566,667 and 1,566,666 shares respectively in
violation of SEA Section 2.2(a
Failure to issue Vend-In Shares to Borgese and Privitera of
5,024,330 and 5,024,332 shares respectively in violation of SEA
Section 2.2(b) (i-iii) and Schedule A
Failure to issue Stock Option Plan shares in violation of SEA
Section 2.2., estimated to be 5,698,500 to each Borgese and
Privitera,
Failure to grant additional stock option participation in violation of
SEA Section 3.2(a),
Preventing Borgese and Privitera the right to nominate individuals
to fill the “EVP Engineering and Operations and EVP Research
and Development positions” in violation of SEA Section 3.4
Failure to grant additional stock option participation in violation of
SEA Section 3.2(a)
5. Tortious Interference with Prospective Business Relations against Burba and IBAT
by Borgese and Privitera
IBAT also knew or reasonably should have known of Borgese and
Privitera’s ongoing and prospective business relations with SSI because the intellectual
property acquired by IBAT was limited to “lithium extraction from oil-field brines”, and
EEA Section 7 excluded work done on geothermal sources in the Imperial Valley from
competitive conduct.,
Burba and IBAT’s interference with the above matters was intentional,
improper and without authorization
6. Breach of Contract against Burba
By NAL
Since August 2018 Burba has failed to provide capital to support the
operations of NAL
NAL sent Burba a request for a capital contribution for his share of the
NAL expenses
As a direct and proximate result of Burba’s violations of the contractual
obligations to NAL, NAL has suffered and will continue to suffer monetary damages
Overall I feel like there are many very troubling parts to this lawsuit.
First Privitera who is still a board member is part of this lawsuit against IBAT.
Second Ibat is accused of not fallowing through with the contract to acquire its intellectual property from NAL on multiple fronts and sections.
Third IBAT has known its intellectual property is restricted to oil-field brines but has made license agreements with Sorcia which are not related to oil-field brines.
Therefore this lawsuit as it is now presented is a threat to three aspects for IBAT.
1. it is a monetary threat due to the potential for inappropriate employment termination, and all the costs/fees assocated.
2 it is a threat to intellectual property related to the apparent violation of the contract between IBAT and NAL for intellectual property
3 it is a threat to the license agreements between IBAT and Sorcia because IBAT has licensed its technology for use in non oil-field brine areas which goes explicitly beyond the contractual obligations made between IBAT and NAL
Absolutely, hope you had fun in Mexico! Congrats on your profits btw
im not here to answer all your questions my dude. I know where you are coming from and you are hedging your bets on this court thing being a none issue. but to me it looks like a big issue. should find out soon enough.
And you see 2 people who breached contract winning a case that is worst case settled.
You don't find it odd with their timing in April 2021 with the company development?
They just want money. Case will be dismissed. Good luck on entry though. You'll have plenty of opportunities, the company is still pre-revenue.
This is business as usual, why wouldn't they file suit if they were fired and the company is succeeding.
since like april 2018, that is when my first post on this board was atleast.
How long have you been following ibat?
Price getting walked down by the mm all day. Logan anderson has been selling for weeks. sp is primed for another major correction imo.
seeing as tomorrow is a holiday any court case update might not come until at-least midweek next week. Some bag holders are likely sweating. I know Im the only voice of caution on this board but i think most everyone else here is stuck in the denial stage of the court situation. dont worry bag holders you should find out soon enough, so you can move on to the anger stage.
Some of the recent and upcoming events for IBAT are as follows:
The five stages of grief are:
1. denial. (april 2021 to april ~20ish 2022) ( wild gains of 1000%+ in sp)
2. anger. (april 25ish to may 18thish) (stock falls and comes with even more wild volatility)
3. bargaining. (may to june) (in this case its just bag holders selling and shorts laughing with their back teeth)
4. depression. (may to june) (more selling, still some bag holders around on this board posting bullish predictions and chanting about Burba being the king of lithium)
5. acceptance. (june to july) (burba is fired by the board or quits, IBAT loses sorica partner ship and contract to NAL, court oversees reparations to NAL related to all the damages caused by burba and ibat. Stock price settles around the $0.50 to $0.75 rangeish. All the remaining bag holders unite around the new leadership CEO and company plans for ibat and continue to pump on this board like nothing ever happened.)
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