American Battery Materials Inc (BLTH)

[stervc]

Key Variables for BLTH and SGII:NASDAQ Calculations

I will explain the key variables associated with BLTH and SGII:NASDAQ for showing how the 1-300 reverse split is a very good thing for shareholders to position and facilitate BLTH getting to the NASDAQ much quicker than originally planned.

Key Variables for BLTH and SGII:NASDAQ Calculations
SGII OS (Outstanding Shares) per last filing = 7,843,498 shares
https://www.otcmarkets.com/stock/SGII/disclosure
BLTH OS (Outstanding Shares) per last filing = 3,301,910,170 shares
https://www.otcmarkets.com/stock/BLTH/disclosure

The PR released by SGII:NASDAQ below indicated that 100% of the BLTH (ABM shareholders) will represent 70% of the new SGII:NASDAQ after BLTH merges or roll over their equity into SGII:NASDAQ:
https://www.otcmarkets.com/stock/SGII/news/story?e&id=2545695

30% of Post Merger OS for SGII:NASDAQ = 7,843,498 shares
70% of Post Merger OS for SGII:NASDAQ = What I will solve for.

So...

I will solve for... X ... with X representing the 70% of the Post BLTH Merger OS for SGII:NASDAQ after BLTH has rolled 100% of its Pre BLTH equity up into SGII:NASDAQ.

To do this, we must pose this in a question as indicated below…

7,843,498 is 30% of what?

Now let’s set the problem up to solve for X…

7,843,498/X = 30/100

Now you must cross multiply to get this below...

30X = 784,349,800

Now you must divided both sides of the equation by 30 to get this below...

30X/30 = 784,349,800/30
X = 26,144,993

This means that the Post BLTH Merger OS for SGII:NASDAQ is 26,144,993 shares.

Now you must subtract the Post Merger OS for SGII:NASDAQ of 7,843,498 shares from the combined number for the total OS after the merger has been consummated to get this below...

26,144,993 - 7,843,498 = 18,301,495 shares

The 18,301,495 shares represents the 70% of the Post BLTH Merger OS for SGII:NASDAQ.

So...

70% Post BLTH Merger OS for SGII:NASDAQ = 100% Pre BLTH Merger OS

So…

26,144,993 = 100% Post BLTH Merger OS for SGII:NASDAQ
7,843,498 = 30% Post BLTH Merger OS for SGII:NASDAQ
18,301,495 = 70% Post BLTH Merger OS for SGII:NASDAQ

So if 18,301,495 shares equals 70% Post BLTH Merger OS for SGII:NASDAQ, and if that also equals 100% of the Pre BLTH Merger OS of 3,301,910,170 shares, how do we equate to 100% of the now 3,301,910,170 shares for the Pre BLTH Merger OS equating to the ratio of BLTH shares to be converted into SGII shares?

So...

70% of BLTH OS Post Merger of SGII:NASDAQ = 100% of BLTH OS Pre Merger

Basically...

18,301,495 BLTH OS Post Merger = 3,301,910,170 BLTH OS Pre Merger

To get the ratio of SGII:NASDAQ shares to be distributed to BLTH shareholders after the roll up, you must first divide to current BLTH OS by 300 to take into consideration the 1-300 reverse split. Then you must take the BLTH OS Post Merger shares of 18,301,495 shares and divide by that total to get as indicated below:

BLTH OS Post Merge for SGII:NASDAQ ÷ BLTH OS Pre Merger = Distribution Ratio

18,301,495 shares ÷ 3,301,910,170 = Distribution Ratio

18,301,495 shares ÷ (3,301,910,170 ÷ 300) = Distribution Ratio

18,301,495 shares ÷ 11,006,367 shares = Distribution Ratio

1.66 = Distribution Ratio

Here's what this means...

This means that if you buy 1,000,000 shares of BLTH as of today, you will pay roughly $12,000 because of the current price of BLTH being .012 per share. You will now have to consider the 1-300 reverse split. This will convert your 1,000,000 shares of BLTH down to 3,333 shares rounded, With the roll up of BLTH into the SGII:NASDAQ entity, your 3,333 shares would need to be multiplied by the conversion ratio of 1.66 to equate to...

3,333 BLTH Shares x 1.66 Conversion Ratio = 5,532.78

This means that you will have 5,533 shares of SGII:NASDAQ trading at over $10.00+ per share. Your previous $12,000 investment will immediately be worth...

5,533 Newly Converted Shares x $10.00 Price of SGII:NASDAQ = Newly Converted Investment Value

$55,333 = Newly Converted Investment Value

The beauty about the "Newly Converted Investment Value" is that it is considered a bottom value. Insiders own billions of shares. No way they approve this 1-300 reverse split to happen because they believe they are going to lose money. They are allowing their shares to be affected by the reverse split because they know that they are very likely going to make a lot of money behind how this is structured.

This appears to remind me of INTV back when I was in it at .002 per share. They announced that they were going to do a 1-50 reverse split and the stock dropped to .001 per share. Everyone had all the opportunity to average down and get all of the .001s before the reverse split. After the reverse split, the stock opened at .05 per share, but it traded so thin that you couldn't get any shares at .05 per share. Then later, INTV ran from .05 per share to $6.74 per share. That's an over 13,000% gain. Believe it or not, I am expecting some very serious gains for us BLTH shareholders post split. I'm not sure if we will see over 13,000% gains, but I think we will see some very large gains somewhere north of 1,000% gains in my opinion. I think BLTH is going to the NASDAQ because they are going to become a billion dollar company and those behind the scenes putting this SPAC together is fully aware of this. I suggest all to read and understand this post below, especially if you are new to BLTH, to learn about the SPAC and more:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172485145

The above thoughts are my opinions on how things might be calculated. What the company articulates at some point will be the gospel for determination of the distribution of SGII:NASDAQ shares to us BLTH shareholders. If any of the variables above should change for any reason, use the "Substitution Property" accordingly. This post should be taken only as “food for thought” or “speculation” until we get such finite information from the company.

v/r
Sterling