Now imagine when news hits and thousands of people, not shares, try to come in and buy.
Going to be millions of shares on the bids and it’s going to shoot high and fast

Depending on news it could easily reach much much higher. So thin and such low float this could take off like GameStop.
Obviously only if they have that merger news or something similar. But it’s possible

Still nothing when I look it up without the D.
Maybe it’ll take a bit to finalize and show

Still nothing when I look it up without the D.
Maybe it’ll take a bit to finalize and show

Am I missing something or is my app acting up?

I can see the bid and ask price but it shows no share quantity.

That being said and to dive a tad deeper. B/c of the share structure and float, this has huge running potential. I know most people who read this will highly underestimate the huge part. I mean like huge huge, like Godzilla king of the monsters huge lol.
And here’s why: standard known fact in trading is that for stocks to double their value during runs. They typically need to see double their float in trading volume. Millions get traded each day on stocks even small ones like this one. There was days long ago we saw 100s of millions of shares traded on this stock. And that was when the company was valued much much higher.

This is going to flip over its float 10s of millions, if not over a 100 times when news hits.
Even though the true value currently isn’t between $50-$100, it could potentially near those numbers on good news just because of high demand and lack of supply!

That’s how GameStop and similar runners moved. Massive crowds trying to buy more shares than there are. So the price skyrockets because that’s the only spot the shares will free up within hours, days, or weeks of good news.

Glad I got in cheap cuz I’m not gonna wanna chase that run lol.
Good luck to all and let’s hope they pull through with good news!

You say they are at ground zero.. yet the only thing they lost was a merger deal. If I recall they have set plenty up and acquired a lot of wells and those didn’t disappear.
Sure we don’t know the time table for such a thing anymore. But the first reason the first company wanted to merge is still there. So there’s plenty of potential still. Yes long term but that’s the game.

Once they close the business or sell the wells, then it’s time to call it. But until then I wanna see what these people can do

The news was from SGII. That company is dissolving with the owners buying back shares are $10.
BLTH is still trying to do the same thing. They just have to find new partners

The news was from SGII. That company is dissolving with the owners buying back shares are $10.
BLTH is still trying to do the same thing. They just have to find new partners

Here is my proof of what I said before, so the new kids on the block can't say I didn't show it

glad to see you made a new account less than a month ago just to try and bash some more.

you want people to sell so you can buy shares cheaper, ya cheap bum. Here's some FREE advice for you... back your talk with facts.

for the 100th time of me saying this to people like you: the shareholders will only get wiped out if they only own 300 shares or less, at which point the trading fees are worth more. and if you actually read the new document they came out with, it states that ABM will have about 12 million shares left. Which equals out to be a reverse split of slightly over 200:1 which is better than the 300:1 they mentioned before.
And I'll say again so it might get through that thick skull - no value is lost as the share price will jump with a direct correlation to the split.
Then you can note that the shared price will actually jump higher than that because they mention, on the same page, that the share price is valued at $10/share.

Here is a non-exact but close calculation of what should happen based on yesterday's close price and a rounded 200:1 split.

200,000 shares @ $0.012/share = $2,400
-----------------------------------------------------
200,000 shares divided by 200 = 1,000 shares
$0.012/share x 200 = $2.40/share

1,000 shares x $2.40 still equals the original $2,400 put in.

but since the share price is estimated to go to $10/share, then simple math shows that your value actually went from $2,000 to $10,000
an increase of about 417%.

and again, only the beginning of a multi-billion-dollar company. At a point in its life span that it hasn't even begun to do collect and sell the minerals in its wells.

before he can get the calculations, he'll probably have to grasp the concept of math itself lol

this is only the beginning!

Yet you still provide 0 facts to back up your claims. all you do is point "its in the filings." Well, provide us with the exact numbers, calculations, and statements.

only way someone is left with nothing, is if they own less than 300 shares. which at that point you are spending more money on fees than the actual stock, and you should take your $3.90 and go buy a dunce cap instead.
300,000 shares at $0.013/s = $3,900
1,000 shares at $3.90/s = $3,900

so where exactly am I left with nothing?? my value after a reverse split will be retained.

Agreed, and it fails to note one major factor of any type of split.

The value is now lost. Your position value will be retained. It’s not like your position value will decrease by a multiple of 300, for example.

If no one really wanted to hold than this would tank a lot harder. Instead of probably the same few people trading their couple thousand dollars back and forth in an attempts at manipulating.

This doesn’t move up or down that much because of how many people have been holding for a long time and aren’t dropping their shares. And because people want to wait for the merger to complete so they know it’s a for sure thing.

I don’t blame anyone for waiting but I also know I don’t want to be chasing it after it does happen. We have been forewarned about the merger completion, and we’ve been shown that it is highly likely to happen.

The company was given a value of $120 million. Which is 200%-300% less than its current value based on stock price.
So if a reverse split happens now, that fact will still hold.
$0.0135 x 300 is $4.05
———————————
$0.033 x 300 is $9.90
$0.039 x 300 is $11.70

Current vs merger completion value.
Which is the exact range that warrants are put at. They didn’t choose 1-300 split and a $120 million dollar value by accident

He’s probably the one putting up the wall lol.

this comes back to when I mentioned you also had a reading problem because I already explained it to you...

you should try to understand math before contemplating reality...

Ooof you only contradict yourself more, changing your math to try and change the picture and to one that only proves your earlier statement wrong.

Trolls in mythology and reality were never known for their intellect…

Another main point to mention since reading also isn’t your strong suit. The whole merger isn’t valued at $120 million. Only the shares attributed to BLTH will be given that value. Total merger value was placed at $225 million, since the reduction from $160 mill to $120 mill for BLTH shares claw can now assume a total merger value of $185 million.

Let me know if you need a further explanation on arithmetic or the english language as some words might be too complex, complex meaning not easy to understand.

this statement just makes you look like a big dummy for not being to do proper math, such as putting two and two together.

the share structure of BLTH will change one way or another to decrease the overall count of shares. whether through the merger explicitly or the 1-300 reverse split.
whatever the new share structure is after the merger, BLTH shareholders are going to be owning 70% and SGII shareholders will own 30%. They will not magically add in 1.5 billion shares. that would also be over the amount BLTH has authorized to have in the first place.

its easy to see you're trying to scare people, but if you're going to do that, at least be smart about it....

then you need to do some more research my friend. 3x is actually on the smaller side and also only the initial value given directly after the merger based off numbers, not on investor sentiment. If you look at Andrew Boutsikakis' previous merger, which I'm sure is the reason a lot of the multi-year holders came here in the first place, $MJNE toward the end of 2017/ beginning of 2018, you will see that the company was trading as low as $0.50. After the merger took place, the stock rose as high as $8. and that was on a marijuana stock with way less credibility and value than $BLTH here. and this one isnt going to drop off in value over the years because of that.

This is only one example of many out there over the years, but this one relates to BLTH in only the fact that the previous CEO was the same. A man known for finding "shell" company like stocks and turning them around into something profitable for the shareholders. Look at the turn around on this over the past 3 years. There has been a lot of head way made, contrary to those nay-sayers out there that we haven't heard a peep from lately. I won't mentions @'s but we all know those whom I speak of.

it still shouldn't be far off. because that adjustment goes to the OS, warrants, and etc.

Plus, the $10-ish dollar value is based off of the merger being completed. not off the inherent value of the company, the value we will all see in the future. because that value also doesn't include the recent purchase of wells/land that was an increase to their existing claims by 600-700%

this is an undervalued growth play that in the years to come will be worth well north of $50. and the decreased share count is only going to help that. this is a multi-billion-dollar company in the making.

New article out by Capital Gains Report! and ABM is the first company mentioned! Eyes are on them, and the future is looking mighty green!

You should also look to see who likes their posts on LinkedIn. Their last post has several likes from investment bankers and industry experts, along with the CEO of Coastal Drilling LLC.
Lots a strong hands watching them. Some if not most of which have to wait till they are off the OTC to touch.
This merger is gonna bring a lot of good!

Once that merger completes, company’s regains listing requirements and price shoots up 100s of percents. Can’t wait 🤑

In my opinion, this merger is completed within the next 2-3 months and not 6 months.
Regardless of how long it actually takes, I’m excited as can be for it to be complete. Then bam, instantaneous higher value position for holders. At most 6 months away, and just the beginning

sorry almost 6x profits is too little for you....
regardless the price and share structure will adjust to show a higher dollar value when it goes to nasdaq.

In the next 5 years time, this will be sitting in the 10s of dollars range. put some contacts in, itll help you be less short sited.

Can someone tell me what happened? I wasn’t able to dial in

1-300 reverse split coming our way. New outstanding share total will be 8,120,647. based on last close price, new PPS will be $4.71/share.
This definitely meets NASDAQ listing requirements! puts them close to the amount of shares currently at SGII (7,840,000).
Any shares of yours that would wind up as fractions will also be rounded up.

All you have been posting is your personal opinion, aka bashing, while only referencing filings in passing, not actually quoting and showing said proof. nothing to really prove someone's points wrong or your own correct.

instead of some quack hearsay, please show some concrete evidence.

Note: telling me to look at a document isn't showing anyone evidence. you should follow in Stervs steps and break the facts down with real research material.

looks like we have a bit of a scramble this morning. some unlucky person sold a bunch of shares low (around 30%) only for them to get eaten up and back to a higher price than previous close lol.
The chasing will be all too real when more news comes out! Watch out and preferrable be prepared now with some shares held tight!

Time will tell as it always has. Another thing to note is that the company was given in instant valuation of $160 million dollars, and for what? Potential and what's in those wells.
I don't think investors are handing out that kind of money on a donkey lol

The company will be fully operational in 2-3 years; best time to buy into a company is before a completed merge imo.
there's also a high likelihood of other joint ventures or partnerships in the future.

It is true that we have heard it many times. However, we cannot underestimate the actions they've done thus far. I smell something good cookin, and I can't help but be interested!

Budding of a multi billion dollar company right here!
The company is basically striking oil like back in the day.
It only gets better from here folks!

Does "Merging into a NASDAQ stock" seem like its heading to 0.0001 anytime soon?

Coursera.com offers a lot of free courses on finance and business. I highly recommend that for beginners as it offers structured learning. That should help you understand the situation better.

You're Welcome :)

Do they mean 1 million tonne of LCE in a single well or for all the wells combined?

Either way a large number, with more accurate data from other drilling coming later this year.
At projected 2023 Lithium Carbonate prices - $19,000/Tonne USD - that means they have $19 billion to extract over the next decades. and that is just accounting for the lithium.

I don't think lithium is going to get much cheaper as time goes on.

When the news we've talking about is finally starting to come out, and its looking good!

and that is just the current value they were given, based on what we can only gather is hearsay. historical records.
which to me seems to indicate that those wells have only grown more saturated since being untouched for a while.
think how after the merger you are sitting on those 100,000 shares in a lithium start-up valued at $225 million. your shares alone worth 1 million at the $10pps. what happened when the company strikes their white gold and other minerals in less than 2-3 years, becoming early pioneers in a multi billion/ if not trillion/ dollar industry.
just the first billion puts that at a 4x multiple, 100k shares would be nice at $40.
if you look at the oil industry giants you will see multi billion dollar market caps. the same can be said for lithium giants currently.

Market Cap Market Cap: 40,928,060 06/05/2023
Authorized Shares: 4,500,000,000 06/01/2023
Outstanding Shares: 2,436,194,041 06/01/2023
Restricted: 2,074,425,744 06/01/2023
Unrestricted: 361,768,297 06/01/2023
Held at DTC: 355,131,626 06/01/2023

One thing we know is that there is significantly less shares in the market than the 3.3 billion we had not long ago.
That with the valuation of $160 million we were just handed. This is completely undervalued.

What does it matter if the share structure changes. the value of those shares does not! And there has been no other news, that of which we all know could skyrocket this even further!
from the looks of it, to us outsiders, the company thats sitting on an unknown amount of minerals in the ground. basically a complete shell with a large amount of shares was just given a 1/6 of a billion dollar value. in a billion/trillion dollar industry.

Doesnt take much to see theres something going on in the background and its only positive. current share structure puts us at .0657/share based on 160 mill. it could make sense for the new company to do a 10-1 split in share structure and put the value at .657/ share. good value in the wells would get that above $4/share easily.
if your worried about a 10-1 or 100-1 split in structure then you have like $100 invested and only have that many shares.

This is a company that has a foundation set to be able to get into the market in 2-3 years from start to finish compared to the 10+ normally. they could spear head the industry for all we know and become a giant. Lithium is a major commodity right now and thats only one of the minerals they can make use of.

we wont know until they formally announce it. sometime in Q4