American Battery Materials Inc (BLTH)

[Hrvat4]

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.