Replies to post #13769 on American Battery Materials Inc (BLTH)

[lager]

Their main goal is to up list to big board which requires $4 minimum PPS (among other regulatory criteria). The thin red line that's up for debate is whether or not they will do a reverse split to achieve this and wipe many shareholders out or reduce their positions significantly. Their word salad is that the converted debt into 3+ billion shares is owned by debtors who are in for the long haul (hinting at no reverse split) but they didn't directly confirm or deny that a R/S would take place (no company ever would). So we wait.

[BRoberts1982]

That is completely a BOGUS statement.
"Main goal while recognizing $4 minimum pps requirement"

BOXS is nowhere close to meeting ANY of NASDAQ uplisting requirements
So even after the inevitable ALREADY APPROVED REVERSE SPLIT
BOXS won't meet either SHARE PRICE or NUMBER OF SHARES
Let alone ALL THE OTHER REQUIREMENTS......
Market Capitalization, Pretax earnings....

So in desperation mode people are making MORE FALSE claims on the companies behalf......

There will be a REVERSE SPLIT...... They did DILUTE to 3.2 BILLION SHARES
wiping out 90% of the ownership value of the current shareholders.
BOXS SHARE PRICE WILL ADJUST DOWN , IT DOES NOT SUPPORT A
MARKET CAP OF 30 million all of the sudden.

BOXS will soon see a resettlement to a MORE REALISTIC value based on
the FACT NOTHING MUCH TANGIBLE has happened in over a year as far as
mining progress.
No reports since a year ago, some permitting mentioned, and
A NAME CHANGE ----- 'almost completed"

[Monika75]

Do you really really honestly believe that it has a chance to be listed at $4???? I don’t think so…..