Replies to post #13551 on American Battery Materials Inc (BLTH)

[waterpro42]

Great analysis as always Sterling!

[exisnet]

When Graber & Lipson filed Form 3's it was good sign Retail will be going along side with the insiders on the Lithium Rocket Ride.

The debt was always a concern but I had Confidence Andrew Boutsikakis would pull thru; the recent elimination of debt proved be true.

Now that Graber, Lipson and others own over 2.8B Commons, it's fair say we are in good company going forward. Anything done to the Commons effects them also.

As for the RS, expires October 20, 2023 (the “Anniversary Date), only be used IMO for uplist compliance for Nasdaq/NYSE as mentioned in prior PR's. IMO

Graber Form 3

Lipson Form 3

8K

$BOXS

[JPS02]

Thanks Stervc for the insightful post and I agree with your thoughts which clearly explain the implications of the PR and filing.

As you explained, the Directors and warrant holders did not forgo $11.7 million in credit owed to them and pay $105K, respectively, to convert into common shares for nothing. Both parties would not take on additional risks to convert and own common shares, unless they didn't think that they would receive a better return for this additional risk of holding common shares.

I like the bias of both parties wanting to hold common shares as it aligns their interests with ours.

With MZ in addition to RESPEC now working with BOXS plus the external members on the Board of Directors, I am satisfied that we have enough third party/external confirmation of the legitimacy of BOXS' operations.

Go BOXS!

[tchalla]

great insights, stervc, however so many if you are failing to note something extremely positive and important here. not only did the company settle $11 mil in debt by issuing the 2.8 bill shares, but the fact is that exchange equates to those shares being worth .0041 per share, which is why this stock is not going to sink. The debt holders want to unload their shares at a much, much higher price than .0041.

[JPS02]

8 Reasons Why I Own BOXS - American Battery Materials Inc.:

Despite the pending increase in common shares and the potential R/S to uplist filed in the DEF14C on 11/10/2022 (https://www.otcmarkets.com/filing/html?id=16192277&guid=Qis-kF3pD-_GB3h), I own and I am adding BOXS in the .00s pps range because of the following 8 reasons:

1. 102 mining claims and 120 mineral rights in Utah:

https://www.americanbatterymaterials.com/projects ~ https://docsend.com/view/ue5ufufxsmwwfjte

2. Lithium - Timing to enter market: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170950702

https://www.bloomberg.com/news/articles/2023-01-15/lithium-s-next-big-risk-is-grand-supply-plans-falling-short

3. Directors converted notes and warrant holders exercised warrants to hold common shares: I think their common shares holdings ensure that their interests are aligned with ours as shareholders.

8-K filed 01/06/2023: https://www.otcmarkets.com/filing/html?id=16303375&guid=Qis-kF3pD-_GB3h

Explanation by Stervc: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170899695

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170902428

4. Direct Lithium Extraction Technology: https://www.americanbatterymaterials.com ~ https://docsend.com/view/ue5ufufxsmwwfjte ~ https://www.americanbatterymaterials.com/about

https://www.ibatterymetals.com/insights/all-you-need-to-know-about-the-direct-lithium-extraction-process

5. New IR Firm - MZ Group: I think the timing of hiring the new IR firm is too coincidental, please see

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170886908

https://www.globenewswire.com/en/news-release/2023/01/06/2584402/0/en/American-Battery-Materials-Engages-MZ-Group-to-Lead-Strategic-Investor-Relations-and-Shareholder-Communications-Program.html

6. RESPEC hired by BOXS: Explanations by Stervc: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169832222

7. ABM Management & Advisory Team and Board of Directors:

Explanation by Stervc: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169794516

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170442098

https://www.americanbatterymaterials.com/about

https://www.globenewswire.com/news-release/2022/11/09/2552066/0/en/American-Battery-Materials-Inc-Announces-Key-Additions-to-its-Executive-Team.html

8. Risk vs Reward: I think the opportunity to own an SEC reporting OTC ticker below a penny that is entering the lithium sector with an experienced management team and Board of Directors outweighs the risks associated with the DEF14C filed on 11/10/2022.

https://www.otcmarkets.com/stock/BOXS/profile

Go BOXS!