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  "documentTitle": "American Battery Metals Corporation / Comstock Mining Inc. (ABML / LODE)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-03-10 00:00:00",
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      "text": "The Company raised money from GS Capital Partners in late October 2020. Don’t be fooled: Goldman Sachs isn’t headquartered in a condo townhome in Brooklyn. “GS” stands for Gabriel Sayegh, who lent money at 10% on terms that were convertible into ABML shares at steep 40-60% discounts to the trading price.",
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      "text": "share dilution: 35%",
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      "text": "The Company raised money from GS Capital Partners in late October 2020. Don’t be fooled: Goldman Sachs isn’t headquartered in a condo townhome in Brooklyn. “GS” stands for Gabriel Sayegh, who lent money at 10% on terms that were convertible into ABML shares at steep 40-60% discounts to the trading price.",
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      "text": "ABML issued approximately 137m shares in the six months ended 12/31/20, which increased common shares outstanding by 35%. In CQ4 2020 alone, the Company issued almost 30m shares with a fair value of $28.8m for “consulting services”.",
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      "text": "We believe more share dilution is inevitable, even excluding any funds required to complete the recycling facility.",
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      "text": "These unaudited condensed consolidated financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. — ABML 10-Q Filed 2/16/21",
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      "text": "ABML is Experiencing Extreme Share Dilution, And We Believe There is More to Come",
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