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Glad to see things quiet down
Perfect storm
Could This Be A Game Changer For Lithium Miners?
http://www.baystreet.ca/articles/cnnmoney.aspx?id=1023
WILLIAM M. WEBSTER, IV
POSTED: SEPTEMBER 17, 2018
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 in 1983 and a Bachelor of Arts in English and German from Washington & Lee University in 1979, where he graduated summa cum laude. He attended Germany’s University of Regensburg on a Fulbright Scholarship.
Mr. Webster served multiple roles in the White House, including assistant to the president and director of scheduling and advance, where he was responsible for the coordination and planning of all presidential events with management responsibility for a staff of 25 full-time and 300 part-time employees. Also, he served as chief of staff to U.S. Secretary of Education Richard W. Riley and chief of staff for the presidential transition, where he was responsible for coordination and administration of sub-Cabinet appointments in the Clinton Administration. Previously, he was the President of Greenville-based Carabo, Inc., which at that time operated 27 Bojangles’ Chicken ‘n Biscuit restaurants in S.C.
His community activities include service as chairman of the Board of Trustees for Converse College and on the Washington and Lee University Board of Trustees, the M.D. Anderson Medical Center Board of Visitors, the Spartanburg Day School Board of Trustees, and the Liberty Fellows Board of Directors.
https://upstatewarriorsolution.org/people/william-m-webster-iv/
Fmr. Pres. Clinton Aide Decries Miller's Deportation Spy Plan | The Last Word | MSNBC
82,562 views Dec 23, 2019
Billy Webster, Advance America, pt. 2
Billy Webster, Advance America, pt. 1
William M. Webster, IV is a American business leader & entrepreneur that has served in government at the highest levels and is active in community and philanthropic endeavors.
https://billywebster.org/
william-iv-webster
International Battery Metals Ltd. (formerly, Rheingold Exploration Corp.) $IBAT just filed 5 reports. View full report: SEDI:IBAT #insiders/william-iv-webster
https://ceo.ca/insiders/william-iv-webster
I don't know all these companies intertwine and the people are always 6 degrees off in this small industry. And google sending me wrong directions.
I'll delete these keep an eye on me.
Keep your eye on this guy and never except a Jell-O pudding pop from him.
I didn't dig past what stuck out as obvious to me.
Terra Novo was not Terra nova. Locations make sense but i left it at that.
Do you think that PR had a typo?
The work of the Opportunity Institute cuts across issue silos to address the complex barriers to social mobility at critical junctures in people’s lives. We focus broadly on educational opportunities, beginning with infant and toddler development and continuing to Pre-K through grade 12 schooling, higher education completion, and into early career and family support.
https://theopportunityinstitute.org/
Maria Echaveste
President, The Opportunity Institute; Senior Fellow, Center for Latin American Studies, Univ. of California, Berkeley
President
The Opportunity Institute · Full-time
Apr 2019 - Present · 3 yrs 1 mo
California
The Opportunity Institute, co-founded by Christopher Edley and Ann O'Leary, in 2014, is a non-profit focused on social and economic mobility with particular attention to racial equity. Primary work is on increasing educational opportunity with an emphasis on whole-child approaches to ensure each and every child has access to high-quality education and all necessary supports. Additional work focuses on resource equity, including pensions, access to mental health and other supports
https://www.linkedin.com/in/maria-echaveste-775306/
MONTHLY PROGRESS REPORT March 2022
Name of Listed Issuer: INTERNATIONAL BATTERY METALS LTD. (the "Issuer" or the “Company”).
Trading Symbol: IBAT
Number of Outstanding Listed Securities: 136,273,092
Date: April 8, 2022
(For the month of March 2022)
Report on Business
1. Provide a general overview and discussion of the development of the Issuer’s business and operations over the previous month. Where the Issuer was inactive disclose this fact.
The Issuer is an advanced technology company focused on environmentally ethical lithium brine extraction. The Issuer is in the process of creating and applying its intellectual property related to lithium extraction from salars, as well as geothermal and oilfield brines. The Issuer's unique extraction process is intended to be environmentally friendly, low cost, and has the potential to produce high-quality commercial grade lithium at a much faster rate than the current industry standards.
2. Provide a general overview and discussion of the activities of management.
The Company has substantially finished the detailed engineering and fabrication of the Mobile Lithium Extraction Unit (“the Unit”) which is currently being assembled in Louisiana USA. The Company plans to have all of the mobile skids completed and tested in the first half of the year 2022. The preliminary testing will be completed in the US prior to deployment of the unit into the field which is expected in 2022
15. Provide details of any changes in directors, officers or committee members.
New Appointments as Independent Directors:
Maria Echaveste
Foy Wyman Morgan
William Webster
Tony Colletti (Director) appointed Interim President
Stepping down as Directors:
David Ryan
Rodger Cree
Logan Anderson (Mr. Anderson will remain an officer as CFO)
https://www.thecse.com/en/listings/mining/international-battery-metals-ltd
Watch Elon Musk's Deep Dive Inside the Gigafactory Texas
Agree; Should be interesting when we're informed or find out...I don't even worry about what happens anymore. I, like most know what we have for several years now and just enjoy the roller coaster...
Canadian Holidays
In Lieu of New Year's Day - Monday, January 3, 2022.
Family Day - Monday, February 21, 2022.
Good Friday - Friday, April 15, 2022.
Victoria Day - Monday, May 23, 2022.
Canada Day - Friday, July 1, 2022.
Civic Holiday - Monday, August 1, 2022.
Labour Day - Monday, September 5, 2022.
My cup is half full.
Only once in the past I can remember IBATF was late on the monthly report.
May of 2021 the lawsuit happened. Something is up (MY OPINION) good news coming.
No reason to be late.
Going to have to talk to the mods from syaxf on how they get their chart to work in ibox.
Should not be this difficult.
The one I put in IBOX does not update.
Sometime during trading tomorrow can you look at the chart in ibox to see if it updates, please.
Trying to find one that will auto update.
Not sure if just mine will update these things are weird.
Wyman Morgan
Innovation Consultant, Executive Recruiter and Leadership Coach
8mo • Edited • 8 months ago
A New Resource for Innovators in Chemistry-Based Businesses.
https://lab2marketcoach.com/
https://www.linkedin.com/feed/update/urn:li:activity:6835343876673310720/?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A6835343876673310720%29
About Wyman Morgan
https://lab2marketcoach.com/about-wyman-morgan/
Had a hopefully mild case of whiplash on Friday, I'll use that as my excuse to laziness.
He called the short term response will it stay wild or is this 2022 and we just waved goodbye to the tax payers and some of the shorter term profit takers.
Wasn't a bad year from April 21. Glad to see the newfound concern by non contributors about a lawsuit filed nearly a year ago. Curious if the filing had anything to do with the change in share price.
Red days show colors and it's providing me plenty of entertainment. Not much left to research, maybe one of these bears looking for a better entry can provide some useful information.
I am surprised that you have yet to follow or connect to the man.
James West Midas Letter
CEO of Midas Letter Financial Group Ltd
https://www.linkedin.com/in/midasletter/
However, history shows that simply adding generation capacity is not enough to facilitate an energy transition. Coal required mines, canals, and railroads; oil required wells, pipelines, and refineries; electricity required generators and an intricate grid.
Similarly, a complete shift to low-carbon sources requires massive investments in natural resources, infrastructure, and grid storage, along with changes in our energy consumption habits.
Visual Capitalist: Visualizing the History of Energy Transitions.
https://www.visualcapitalist.com/visualizing-the-history-of-energy-transitions/
100% Great to be here!
You have found a "GOLDEN" Easter egg.
Exciting times just keep getting better, can't wait to see what this is all about.
Before Burba came along, everyone thought that lithium could be produced from only a limited number of brines.
Burba has since made dramatic advancements on the core technology. This has yielded significant improvements in terms of extraction efficiency, cost and purity.
Robert Miller is another big name that will be working with IBAT on fund raising efforts.
Miller has raised over $500 million in early-stage capital and taken 7 companies public - with listings including both NASDAQ and AMEX.
He’s also founder of the gold-mining company Crystallex, bringing years of experience to this ground-breaking project.
Jack Steinhauser, a consultant for IBAT, is a business executive and financier with 32 years of experience in the oil & gas and technology industries. Having raised over $200 million in capital for oil and gas companies, he is now looking to bring his skills to the lithium space.
Burba has already revolutionized lithium processing once. With his new tag team, he has the potential to do it again - unlocking over $84 billion worth of lithium.
http://www.baystreet.ca/articles/cnnmoney.aspx?id=1023
I can wait to find out. Sounds like it is around the corner.
Exclusive Interview with Vice Chairman Shayne I. Nyquvest at Mackie Research Lithium Investors Forum
The founder of the company has another extraction company. They're filling paperwork for Canadian registration.
Have a great weekend, live recording of the interview what a time to be position A.
Weekend starting early for me today.
You all have a great weekend.
Live feed right now
This is Midas Letter Daily for April 8th 2022. We have another great show lined up for you with some great guests. James is joined as usual by good friend and co-host Mr. Edward Milewski. Today we talk all about interest rates, copper, lithium, cobalt and more and we'll also be answering some of your questions from our audience. Our guests today are Dr. John Burba from International Battery Metals Ltd (CNSX:IBAT, OTCMKTS:IBATF) and Trent Mell from Electra Battery Materials
You must be as happy as the rest of us, sounds like you too bought low and held.
It is exciting to see the hard work that Mr. Layton has done in the background for some time now coming to fruition.
Finding the funding when lithium prices were low. Getting the EVL people on board helped bring Burba's dream to this point.
I watched IHUB a few years before my first post.
Good people on both boards.
Thanks TC! I've been watching your posts for a while now. Been in this one for years, Happy to see it launch finally.
Also took your rec on SYAXF, holding long on both.
From my perspective the company is now starting to make more noise as their final patent has nearly been approved.
Just my opinion of course
After patent is approved I'm imagining the marketing budget to increase greatly.
Of note, we forget Piper and Sandler are working in the shadows?
This pullback was needed, no options available so naked shorts only and it always lasts in a very short term. Hope to see you "on board" by may!
Welcome LM cues to the IBATF/IBAT message board.
Oh, no worries, well that's why I say I'll need to listen to it again....
Well, that's one side of the story.
I can read those documents as well. Bottom line is they got fired for self-dealing at the salton sea. Burba says he has the evidence he needs. In burba we trust.
I can read those documents as well. Bottom line is they got fired for self-dealing at the salton sea. Burba says he has the evidence he needs. In burba we trust.
Really? I thought burba did an excellent job explaining why his system can handle various brines
Yeah i expect the dismissal to be rejected because the plaintiffs claims are pretty broad and to me they seem substantial and credible given the evidence i have seen from court documents and the actions of burba and ibat during the events of question. Here is a list of the claims made.
The Plaintiffs’ have alleged six claims for relief:
1. First Cause of Action. Breach of Borgese Employment Agreement against IBAT. IBAT
employed Borgese as an Executive Vice President Research and Development per the terms of
an Executive Employment Agreement, (“EEA”). The EEA contained clauses including terms
governing removal for cause, outside work, executive’s intellectual property, competitive conduct
and exceptions, severance and change in control. Borgese was terminated by IBAT on June 29,2018, without just cause in breach of the EEA resulting in damages to Borgese.
2. Second Cause of Action. Breach of Privitera Employment Agreement against IBAT. IBAT
employed Privitera as an Executive Vice President of Engineering and Operations per the terms
of an Executive Employment Agreement, (“EEA”). The EEA contained clauses including terms
governing removal for cause, outside work, executive’s intellectual property, competitive conduct
and exceptions, severance and change in control. Privitera was terminated by IBAT on June 29,2018, without just cause in breach of the EEA resulting in damages to Privitera.
3. Third Cause of Action. Breach of Share Exchange Agreement against IBAT, (“SEA”). A
SEA was entered into on April 12, 2018, Selective Absorption Lithium, Inc., (“SAL”) a technology
company owned equally by Borgese, Privitera and Defendant Burba, became wholly owned by IBAT. IBAT violated the SEA when they failed to pay defined direct costs and fees, paid a nondesignee, issued shares to Borgese and Privitera that were copies instead of originals and not
negotiable with any major firm, did not pay royalty payments, failed to create an advisory board,
prevented NAL from overseeing the development and implementation of lithium extraction and
processing technology, prevented NAL from nominating 51% of IBAT board seats, licensed
technology to other parties, and failed to deliver stock certificates and stock options to Borgese and
Privitera, causing damages.
4. Fourth Cause of Action. Breach of Contract Share Agreements Against IBAT by the Holder
of Shares Issued by SA Lithium, Borgese and Privitera. The Contract Share Agreement required
IBAT to deliver original share certificates, a stock option plan and additional stock and stock options
to Borgese and Privitera, as well as implement appointments to advisory board roles and Executive
Vice President positions preventing Borgese and Privitera the right to oversee. IBAT failed to
perform any of these obligations causing damages to Borgese and Privitera.
5. Fifth Cause of Action. Tortious Interference with Prospective Business Regulation against
Burba and IBAT. Borgese and Privitera had ongoing and prospective business relations with
Salton Sea Industries (“SSI”) and others including but not limited to Paul Austin. These prospective
business opportunities were specifically sanctioned by the terms of their existing contracts including
their EEA and the SEA. Burba knew about these non-competing outside interests of Borgese and
Privitera and interfered with the relationship in order to take away the opportunity from them and
abscond it for himself and/or IBAT.
6. Sixth Cause of Action. Breach of Contract against Burba. North American Lithium, Inc.
(“NAL”) is a company owned by Burba, Borgese and Privitera and focuses on lithium extraction.
As shareholders and pursuant to the NAL Shareholders Agreement, all shareholders are required
to provide capital contributions to NAL if additional funds are required to meet NAL’s obligations.
Since August 2018 Burba has failed to provide capital to support the operations of NAL causing
damages to Borgese and Privitera.
Also here are the computed damages.
Computation of Damages.
Plaintiffs are claiming damages as follows:
a. Unpaid wages, severance, bonus, penalties and interest for breach of the EEA’s for both
Borgese and Privitera of approximately $185,000 wages per year each, $331,035.50 severance
each, waiting time penalties of $21,346.20 each, bonuses of 1,600,000 stock options in IBAT at
CAD $0.19 exercise price each, long-term equity compensation plans, and accrued benefits;
b. Breach of the SEA agreement includes damage of:
i. 4,898,500 stock options to each Borgese and Privitera and future grants of options,
ii. 6,590,997 shares to Borgese and 6,590,998 shares to Privitera.
iii. Defined direct costs and fees in the aggregate approximate amount of $1,400,000
and any unpaid amount owed to Attorney Buchalter.
iv. Use of intellectual property outside of the manner of oilfield brines, licensing
technology to parties, and removing Borgese and Privitera’s names from patent
applications and/or patents,
and
v. Preventing Plaintiffs from: nominating 51% of IBAT Board seats, filling the Executive Vice President positions, participating in advisory board, and overseeing development and
implementation of intellectual property.
c. Unpaid Royalties:
i. Payments due to NAL in the approximate amount of $350,000 and ongoing, and
ii. The conversion price of approximately $2,800,000.
d. Interference with prospective business, approximately $1,000,000,
e. Sums owed by Burba as capital contributions approximately $9,000,
f. Plaintiffs are also claiming pre and post judgment interest and attorney’s fees,
g. All damages will be more closely calculated when discovery is complete.
Found it interesting that one of the key questions in that interview was the same question which has been greatly puzzling me - Namely ;
Precisely to what measure is this methodology applicable to the many brine variants ?
Not sure that I/we got that satisfactorily responded to (will need to listen to it again)
But thanks
Also found it interesting that he's only NOW doing interviews ?.....
His earlier isolation kinda kept me quite wary.
Oh yeah - Not to mention the whole "patent" fandanglings
And plus what, now there's this court thing resurfacing also ?
Risk / How To Tackle It / Just frickin' GO FOR IT ! ?
Yup !....'At's what ya's gotta do.
Congrats to you all who have done it tho certainly.....
I mostly have just had not the stomach.
he-he
I see a double top retracing to support to consolidate. Good luck!
You expect bad news, or is that what you’re hoping for?
looks like ibatf finally found some solid support. ~$4.05-$4.15.
there looks to be fight between bulls and bears rn. might see some pull back up a lilttle monday and tuesday but i bet the end of next week is another step down to ~$3.00.
if there is good news end of next week (4/15/22) about the court case it could be primed for a nice recovery. But i expect bad news related to the court case (indications that the dismissal is rejected). This might set up the following week to reach down to the ~$2.00 level
IMO
GLTA
Breakthrough Technology Could Unlock $84 Billion Worth Of Trapped Lithium
I need to update my Google alerts to IBATF from RHHNF. This one is 2-weeks old.
https://www.prnewswire.com/news-releases/breakthrough-technology-could-unlock-84-billion-worth-of-trapped-lithium-677259183.html
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