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  "docSlug": "0dd3bb0497df",
  "documentTitle": "American Battery Metals Corporation / Comstock Mining Inc. (ABML / LODE)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-03-10 00:00:00",
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  "pageNumber": 45,
  "pageCount": 73,
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  "nextPage": 46,
  "slideType": "expose_contradiction",
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  "nDataPoints": 4,
  "notes": "Uses screenshots of press releases and LinkedIn profiles to build a case of corporate deception.",
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      "kind": "callout",
      "text": "We were shocked to discover that less than two months after VCM reneged on its financing commitment to ABML, Michael Vogel joined LiNiCo, a potential future competitor, as \"CEO, President, and Founder\" according to his LinkedIn bio.",
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      "kind": "callout",
      "text": "We will show why we believe Unifinance doesn't exist, and VCM Group is nothing more than a 1 person enterprise that has suddenly vanished.",
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      "kind": "image",
      "text": "Press release and 8-K excerpts",
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      "kind": "paragraph",
      "text": "On May 5, 2020, Unifinance Limited (an affiliate of VCM Group) informed ABML that it would fund its entire $10m commitment by June 1, 2020. After failing to provide the committed funding, Unifinance provided an initial payment of $50,000. Despite missing their original deadline and then funding 0.5% of their commitment, ABML saw fit to issue a press release heralding the $10m financing. Only 24 days later, ABML filed an 8-K on June 26, 2020 that disclosed the termination of the financing agreement. We will show why we believe Unifinance doesn't exist, and VCM Group is nothing more than a 1 person enterprise that has suddenly vanished.",
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      "kind": "quote",
      "text": "We were shocked to discover that less than two months after VCM reneged on its financing commitment to ABML, Michael Vogel joined LiNiCo, a potential future competitor, as “CEO, President, and Founder” according to his LinkedIn bio.",
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      "kind": "title",
      "text": "Another Example of Two Realities: Promotional Financing News Issued With A Fiji Entity That Was Slipping On Its Commitment, Then Busted",
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