Bit Brother Ltd (BETS) Quote

the appeal must not have gone well! https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx
We just have to wait to hear something!
Come on, SUN tell us something!

Am I wrong, or are there still SEC registration requirements for BETSF?
When a private company is required to register under Section 12(g)
https://www.sec.gov/info/smallbus/secg/jobs-act-section-12g-small-business-compliance-guide

Mmmm still here!
https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx
the website is down, will it be restored? if and how.... ahh to know it!

Told you pumpers this would happen

That alias has been pumping this thing since 99% ago. I told these bagholders (and managements paid pumper minions) this would be under $1 now here we are.

Only shorts will ever be green on this POS

what's your hurry?
It's long here, it will still take weeks if not months!
I know you have to keep lowering the share but the more days that pass, the more likely it will be that they are doing something to solve the problems with NASDAQ!
Let's hope that once those who have made the shorts rich have been thrown out there will be a bit of leniency towards those who put money but never have a say in the matter!

Who has the power to appoint the CEOs of these scams? in my opinion those who finance them!

https://www.nasdaq.com/press-release/bit-brother-limited-plans-to-appeal-delisting-determination-by-nasdaq-hearing-panel
started around 20 March

The train that derails? LMAO

we can do it! have a good weekend!

don't miss the train

strong emotions here!
I got a ticket for I don't know what, maybe an adventure, maybe a horror, maybe a comedy!
Grab some popcorn and get excited, feel alive, fear makes you stronger!
But if it's not all a scam, why appeal? maybe there is some glimmer of hope!
And if they work a miracle here... for now, lots of suspense!
One ticket is enough, I recommend... cheap!
And you will be able to say, I was there!

But who cares, dude

In 2018, Mark founded their own consulting company called Crux Cloud Consulting, where they worked as the Founder and Consultant.
Mark later joined Homeward in 2019 as a Product Manager and was later promoted to Senior Product Manager. In 2021, they co-founded Bolt Mining, where they served as the COO until the company was acquired by Bit Brother Ltd.

wait it costs and it will take some time here it seems!
https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx
perhaps it is better to find other shorts to cover a bit, the volumes languish

it almost seems like a redemption!
https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx

Matter of time!

The time required to address a toxic warrant situation can vary considerably depending on the specific circumstances, the complexity of the matter, and the actions taken by the company and interested parties. However, it is possible to provide a general overview of the stages involved and the typical timescales associated with each stage:

Initial assessment: The initial assessment of the situation, including analysis of the terms of the warrants and the potential impact on the company's financial condition, may take from several days to several weeks, depending on the complexity of the case and the availability of relevant information .

Communication with investors: Initial communication with investors and stakeholders to disclose the situation and planned actions can take place within a few weeks of identifying the problem.

Negotiating with Warrant Holders: The process of negotiating with warrant holders to attempt to reduce or eliminate the impact of toxic warrants may take several weeks or months, depending on the complexity of the negotiations and the availability of counterparties.

Examining Legal Options: If the option of pursuing legal action against the warrant holders or challenging the terms of the warrants is considered, the legal process may extend for several months or even longer, depending on the complexity of the case and the legal procedures involved.

Capital Restructuring: If you decide to proceed with a capital restructuring, such as issuing new shares or implementing a merger or acquisition, the process may take a few months to several months to complete, depending on the complexity of the operation and the necessary regulatory approvals.

Overall, the process of addressing a toxic warrant situation can therefore extend from several weeks to several months, if not longer, depending on the specific circumstances and actions taken by the company and stakeholders. It is important that the company acts promptly and proactively to address the issue and protect the interests of shareholders and stakeholders.

Great day to cover up a bit!
Wow so big volumes for shorts!

redemption
https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx
SUN How long has the website not been updated? the news page is as old as July!
This is also proof of WU's intention!
Who else is responsible?
They must return all shares!
Thanks even if you just try

It would appear to me that that those holding short started losing control of it this afternoon. I see a single buy of 10,900 shares at 2:38 that kicked things off and may have spooked those holding short. Looks like a desperate effort to cover some there five minutes before the close making it spike to $1.30 then they quickly sold it back to $1.15 on only 600 shares because they just cleared out the ask and easily smacked it back down. This smack down could have potentially neutered the buying pressure but it bounced back.

We see this kind of activity with toxic conversions but in the opposite. With toxic note conversions they want the highest price so they dump into the bid clearing it out then quickly buy it back up only needing a few shares to the previous ask. This stock is heavily sold short and today it appears to me that they are feeling some pressure from the weight of it. My opinion based on conjecture for sure, but I like what I am seeing. Add in plan by new management for a shares buy back program at these prices and we could see those holding short lose their minds.

come on Sun breaks the ass for the shorts!
communicate how many shares are in circulation!
we need to see something for the shareholders! Below 20 equals zero!

Wu seems to have operated in a way that facilitates the shorts!
Only slaps to the shareholders!
Let's see if Nasdaq will help Wu's friends to finish the job!
the shorts have control but they pay a lot of interest to have this control.
I like this volume!
It should worry those who have a lot to cover!

How many shares are there in circulation? What has been done and what will be done for toxic warrants?
Mar 14 81,899 16,168 19.74%
some people sell low anyway!
Here those who go short can afford to sell packages of 2, 3, 4 or 5 shares!
The cost is probably negligible.
Plus they pay interest on what they issue!
Sun shines:
When Q10?
What's the plan?

https://stockcharts.com/h-sc/ui?s=betsf&p=D&yr=0&mn=46&dy=0&id=p38090673899

Nice chart if you had been short!

What does NY law have to do with 2 peeps sitting in China? New CEO and CFO agreements for $30k annual salary violate New York minimum wage laws...30,000 usd is 215,811 rmb (chinese yuan), a very decent salary there.

Did you clear this through Letitia? Lol...send her after them...her employers? Lol...

What a dumb ass post...minimum wage in NY applied to Chinese in China...reaching there, sport.

Now, this woman is worth more than $30,000 a year...the other 2 not so much...

What's The Wallet worth today?

$BETSF

COOKED BOOKS

LOL after diluting 70 million dollars last year? bahaha changing CEO because the last one on a yacht sipping fine wine

More scam shenanigans. New CEO and CFO agreements for $30k annual salary violate New York minimum wage laws and are below the minimum threshold for executive overtime exemptions. The agreements clearly identify NY law.

https://www.natlawreview.com/article/reminder-new-york-state-employers-salary-basis-thresholds-increased-2024

More smoke and mirrors BS and Nasdaq officials will see right through this while laughing. A CEO and CFO earning less than minimum wage?!? Sure, just the type of company they want LOL.

And for the jokers falsely claiming $80m in cash, blah blah blah, this is what they are paying the leaders to run the show. Next dilutive share offering coming soon. Stay tuned!

I wrote my support email!
I hope the authorities are lenient and save our asses!
I hope everyone bull does the same!
I can only boast 2777 shares! I wanted to get another 1000 but I can't buy in the OTC market!
If OS are few then even a few shares will matter!
It all depends on whether the authority wants to save the shorts, thus legitimizing unlimited short selling!

we would be happy to see redemption
https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx
If BETSF reaches an agreement with Nasdaq, the Nasdaq may authorize the change from "suspended" to "redemption" in the Listing Center!
Who will visit the link compulsively in the coming weeks?
The trial began at the end of January.
Wu may have tried to do something to save his own ass, maybe he managed to withdraw the toxic warrants... but it wasn't enough for the Panel! Perhaps the conflicting information on the MC depended on this?
so, kick Wu's ass and go!
If that was the case, for shorts, it would be very very very bad.
Let's see if they keep acting all snooty?
Mar 13 189,345 24,909 13.16
Mar 12 262,424 37,262 14.20
Mar 11 379,637 54,995 14.49
Mar 08 351,593 38,373 10.91
Mar 07 1,553,464 174,329 11.22

It is important to save costs!

Base Salary. The CFO shall have a nominal salary of US$30,000 per year and such compensation is subject to annual review and adjustment by the Board.
Base Salary. The Executive shall receive a base salary of $30,000 per year. Such compensation is subject to annual review and adjustment by the Company.

Mr. Wu's out, kicked from his lair,
Played the shorts game, with a hefty share.
Now Ms. Ling steps in, a new flair,
BETSF's tale, suspended, it's a dare.
(from IA)

Given Wu's demonstrated negligence, breach of fiduciary duty or wrongful conduct, which caused financial harm to the company and contributed to its delisting from Nasdaq, Could they take legal action against Wu? Couldn't they get some of that hefty salary back?
I would like them to do everything possible to clean up the toxic warrants and ensure leniency on the part of the authorities from a sanctioning point of view!

$BETSF Change of CEO - Form 8-K filed March 13, 2024

https://www.otcmarkets.com/filing/html?id=17365736&guid=9Sd-kKfyqm3AB3h

Then the scapegoats were sacrificed!
Amazing
I'm still not convinced by the MC. I wonder, will they have also withdrawn the toxic warrants?
Let's see if that's enough... how are shorts?

BETSF has little to no cash, that is why the company was giving shares away for next to nothing, read the filings instead of posting garbage:

https://www.bitbrother.com/SEC

Paid china stock pumpers have said shorts were toast before reverse split, before delisting, at $8s and yet the only one toast here is the bulls. No brainer short. This will be in trips this year IMO.

I vote $TRASH as new symbol

LOL 0 chance they win appeal and its all smokd and mirrors, they wanted to delist dude. money laundering 101

And yet the stock is 99% down, delisted, and yet we have the chiy-na stock gurus still calling for the moon, LMAO

They wanted to delist to cover up their money laundering

Market Cap is $5,142,360 based on the OS as of January 16th.

BETSF Wallet increased to 159.9 bitcoins worth $11,598,325 (an increase of $1 million in 1 week). Wallet $11.5 million, Cash around $90-$100 million and about $15 million in other assets. Liabilities are minimal, less than $4 million or so...

Go to this post 👉️ Wallet from a week ago, see link w/ current Wallet value... As of January 16, 2024, 4,285,300 Class A ordinary shares and 881 Class B ordinary shares were outstanding.Link 👉️ FORM F-3Outstanding Warrants
As of the date of this prospectus, January 16, 2024, there were 213,364 outstanding warrants to purchase Class A ordinary shares. Play it again and again, Sam, timing is everything 😺 GLTY (in & out, take profit). I think it'll be easier to play for some as "they" don't have the cover of dark (aftermarket & premarket trading)...JMO

$BETSF

They should appeal their stock symbol to change it to $POS too 😏

News - March 11. Bit Brother Limited Plans to Appeal Delisting Determination by Nasdaq Hearing Panel

https://www.otcmarkets.com/stock/BETSF/news/s...id=2792209

https://stockcharts.com/h-sc/ui?s=betsf&p=D&yr=0&mn=16&dy=0&id=p38090673899

Looking at the BETSF chart the shorts have been lucky for a very long time!

VOLUME 57,737
Very high!
These shorts are really lucky!

Mar 08 351,593 38,373 10.91%
https://www.otcshortreport.com/company/BETSF
Bulls can do better!
How come they cover at these prices?

Ihub does not publish any information about the MC!
Why?

Foreign exchange designation.

who knows what that "F:" designation means?? on the BETSF new title...

Only a miracle can make it return to the Nasdaq.
On the 14th or 15th it will be removed from the list where it now indicates that it is suspended.
IMO they won't even appeal...
I doubt we will have any news until then.
Once the process is over, let's see if there will be any action to preserve the value of the shares.
Bets wanted to dilute... they probably would have continued the game until the stop.
But now?
I'm not selling, it's worth too little but I also think that Wu has this last chance to make money on the market!
In all this whose society is it?
Can the board be thrown out?
I have few shares and I live it as if I had bet on the horse with the highest odds!
I'm curious to see how it ends and if I don't put something I don't feel involved!
Wu consciously brought BETS to OTC.
bet little and hold, for now the shares seem very few
Then it's priceless have the opportunity to fuck shorts

Wrong, delisted as I told you. Epic bags! New all time lows.
Garbage china junk POS stock

I TOLD YOU GUYS THIS WAS GOING TO HAPPEN! They WANTED to delist so they can hide their money laundering! Also they recklessly violated the 1:250 nasdaq rule.

Complete pile of shat stock!! Chinese POS junk turd

Market Cap 382,892 03/07/2024
Outstanding Shares 210,380 01/10/2024👀
Why write something false? How are things?
Are they appealing?
Why do they continue to remain silent?

Could they have managed to remove all the warrants?🧐
Or is it the effect of the delisting?🥺
even if for now we read suspended the panel has decided on the delisting!
Have they appealed it?
It seems impossible to fix what they did!

It's no longer on this list
https://listingcenter.nasdaq.com/noncompliantcompanylist.aspx!
But it's here!
https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx

Shorts Bull: 1-0 - Mar 07 1,553,464 174,329 11.22%
they covered at least 1 million!
Not even the shorts go short below 2!
These bulls were looking for it!

You finally got your wish
Absolute travesty