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Bullboard - Stock Discussion Forum Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two... see more

NEO:LITS - Post Discussion

Lithos Group Ltd > Waiting
View:
Post by Notmyfirstrodeo on Sep 14, 2021 1:21pm

Waiting

This can't be over yet and I'm waiting for the next crazy half baked scheme they put together. They have an excellent failure record and that's not about to change. Can't be any money left in the company so nobody can draw a salary and covid must be making it at least a little difficult for people like Paul Mann to make a living. Could be selling used cars or time shares.
Comment by StockJock007 on Sep 14, 2021 3:47pm
if they want to keep writing LOI 's they are gonna have to raise capital to buy more paper....if this keeps up AMS is going to be a major player in recycled paper..
Comment by CAinPlap on Sep 16, 2021 4:20pm
I think the problem with trying to raise funds is the outstanding liability for the Odysee failed purchase. 600K if I'm not misstaken. Until this is resolved, no one will want to finance past failures. The only value this company has is as a shell and if the shell has skeletons in the closet, there are other shells that would be more attractive. 
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