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To realize how indervalued we are, just look at a company like LAC on the nyse, they are at $4.50 a share and aren't nearly as advanced as abml. Each company has yet to turn a profit, each has land rights claims in nevada. But abml has this whole battery recycling tech, and a dedicated ex tesla team and partnerships with legendary companies. As well as what seems like a real tenacity to get the job done.
Did we ever actually get that 10 million in funding ? Because looking back at our 8k's I'm not seeing it. The one from june 2nd says that they prepared a presentation to show to other potential investors. To me it seems like they have given up on the Unifinance deal, which I agree with, they seem sketch anyway. If anyone has info indicating otherwise please share.
I do, all it takes is ONE more day like today and we are right back in the .09's. But this Ceo does a great job keeping investors in the know so our potential for pps spikes and mini runs is always there
Abml has shown some good resilience against overall market losses the last couple days, but inevitably, once people start seeing red across their brokerage, penny stocks are quick to be sold. I think our next base price will settle around 7-9 cents going through june, we really need solid news of building permits and land acquisition for our next run up.
Seems like this whole run is fueled more so by the overall market rally. Lots of non profitable companies right now are making huge pps gains, like airlines and industrials.. once Q2 earnings make the recession "official" there will be another market sell off, and pennies are usually among the first to be sold off once that happens. But having said that, I think this rally still has some gas in the tank and I think we could hit 16-19 cents before the next big sell off.
Lets see a Power hour close just like yesterday.
Fool me once.. shame on you,
Fool me twice... well, we cant get fooled again hahahaha
8k out, officially postponing funding untill "no later than june 1st", basically reaffirming one of my previous posts about how Unifinance was probably reluctant to fork over 10 mil amid the current economic conditions.
Thats an interesting point, guys like Ryan Melsert definately arent cheap to employ. I'm confident we will get the funding though. How many penny stocks get promo videos with conpanies like black&decker / BASF !
People actually use brokers ?? Trading a stock is easier than paying your internet bill..
Tomorrow should be the start of our run up before the next pr's. The entire market is recovering / already recovered, and doug is about to drop some serious news.
I really like that our ceo actually keeps in touch and gives us genuine updates, unlike most ceo's who just disappear when something doesnt go as planned. May 1st update is gonna be big. Plus the bearish market sentiment towards oil is priming us for an even bigger run up.
Ok, so they came out with a pr today, basically to reiterate the fact that april 19 was a self imposed deadline for the money, not the investor timeline. This unifinance company is probably hesitant to hand over $10 million to anybody right now due to the economic turmoil the world is in. PR also says an update will be given by May 1st. So lets all regroup, and focus on how much were gonna be ballin in June when all this chaos blows over.
They will likely still need permits to modify the building with equipment, but hopefully the $10 mil funding is to get thing's started with that.
Anybody familiar with penny stocks knows this is normal. I'm more so looking for the pr that says the building is actually being built. There are no business licences or building permits to be found under abml in Washoe county, NV. At least not on their gov website.
Yea I don't think Sunday night pr's are a thing. Honestly I'll be surprised if we get a pr tomorrow. But it when it does come.. Rocket ship !
A pr will come. Probaby not today, probably not monday, but when it does you wont want to be on the outside looking in.
As more battery tech comes out and drives market enthusiasm it will only help us. The business model of battery recycling is brilliant, and the thing is, even if someday we find alternatives to lithium, ABML's process can extract other battery metals as well. Future proof !
Alot of things are moving slower than usual right now, Doug said in mondays interview on youtube that we are still on pace for september commercial production. Once we have confirmation of the facility being renovated and fitted with equipment we should move up in pps very quickly, and that could come around May in my opinion. Also, once that happens our base share price will not be anywere near these levels again.
Can you elaborate more on your concern ? I thought we already had an 8k back in Feb confirming the $10 million funding.
Exactly, all Nevada casinos are shut down for 30 days minimum per governors orders. And once our testing capabilities ramp up cases will skyrocket.. I like this stock, but unfortunately I think today is just shorts turning quick profit on the shares they got earlier this week.
I'll wait for 5's on monday after our media drives more panic and negative stories over the weekend
I think a Cooper tire and Goodyear merger will be helpfull and necessary for these companies to survive going forward into the decade. Especially goodyear, they have to much overhead for a damn tire company.
MGM ceo sold 600,000 shares in late february @ $30+ per share just before this all fell apart.. Great move, thats the kind of business savvy that I like in a ceo !
Gpc needs to learn from this virus outbreak and start to diversify their production capabilities away from china, and towards México.
Gpc needs to learn from this virus outbreak and start to diversify their production capabilities away from china, and towards México.
They should definatelly be shifting their focus back into the water purification game and be done with their oil / water separation tech. I could definately see this trading in the .02's by next week. Especially with the recent dilution and overall market trend.
The volatility we've seen today is the exact reason we need EV's and companies like ABML. When the american way of life is no longer dictated by oil, foreign governments wont be able to play this manipulation game with oil and international stock markets.
Tough to say whether oil crashing helps or hurts us. $1.80 a gallon gas isnt the worst thing ever though.
We'll see .04's again before we see a dime. Just my opinion, but I've been a holder here since november. We need a pr confirming construction in order to really run.
I saw that video about a month ago. Still dont have a position in WTNW, but I'm definately considering it. I like where they're at right now, but a little more transparency from management on what their current business prospects are would be nice. But afterall this is penny land.
This is a totally normal case of shaking down the weak hands. More PR's are expected, the funding today was a drop in the pond. Even tomorrow morning we could spike after interviews from the conference are posted online and people see them.
Those of us that have been here for a while know we dont have to pump it up. This company speaks for itself with a fantastic team and business model. First pr will likely be a funding announcement with basf or us gov grant, Followed by the progress of facillity contsruction.
Right on thank you, theres so much good info on this board. Probably one of the best community boards on ihub.
Agree that once the news comes we lift off. I'm not familiar with Cfgn ascm, Are those other tickers ?
Without a legitamate PR indictating funding or BASF agreement it looks like 06's are the ceiling. But once that news hits, look out !
Chart here looking good. Looks like the base has settled in
Thats possible to, I wouldnt say no to a dime !
Agreed, its great to see these consecutive green days, but realistically we will dip again before the PR for funding or parternship is announced.