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Jakal

12 Feb, 8 tweets, 3 min read

@abt_company

I'd been peripherally aware of @abt_company last year working on couple of M&A DD engagements....an OTC shell slipstreaming into the in vouge sector of the time....reeked of the standard P&D playbook.

By chance I stumbled across them today and had a flick through their business and numbers....I have to admit I was way off the mark; the recycling business far more underwhelming and the pump exponentially higher than than I could have imaged.

Hows this for snake oil salesman. The global market was worth $1B last year...we are building a plant 20% of the global market .....topline number is $200m pa ....and its gonna run for the next 50 years.

Awesome dipshit. Currently the US share of the global market is low single digits. Apart from that you have nothing but a piece of dirt in Nevada...no permits..no customers...no feed...lots of hot air.

So what is American Battery Metals worth right now? Well its probably worth what it was at its 52w low which would have been sub $10m.....currently pumped to $1.35Billion.

So who's behind this massive pump.....which is amazing since last year they were so flyblown that they couldn't even pay their own strawmen.. and were issuing IOU's as fast as they would write them up.

A quick once over the terms of the IOU's and its pretty clear that some holders have far more favourable terms than others.

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#anologfud
Sir there's something wrong with the coal mine. All our canaries are dead. Its not the coal mine its the canaries.
Here's your new canary. now get back to work you FUDdster.

Sir why does the canary get a mask and we don't.
Are you dead? No sir.
Then you don't need one. anyway we only got them in canary size.
Stop FUDDing and get back into the mine.

Sir I'd like a mask.
You can request a mask in the event you die. ok?
Also we changed the terms of your contract...oh ok Sir.
Can I have a copy? No. Its on the back of the dunny door. Its up to you to check it to see if things have changed.

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fintelegram.org/r4i-scam-facil…

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