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2.78
0.00
(0.00%)
Closed July 15 4:00PM
2.78
0.00
( 0.00% )
Pre Market: 8:00PM

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Key stats and details

Current Price
2.78
Bid
2.74
Ask
2.75
Volume
-
0.00 Day's Range 0.00
1.73 52 Week Range 660.00
Market Cap
Previous Close
2.78
Open
-
Last Trade
Last Trade Time
-
Financial Volume
-
VWAP
-
Average Volume (3m)
-
Shares Outstanding
101,867,000
Dividend Yield
-
PE Ratio
-3.07
Earnings Per Share (EPS)
-0.9
Revenue
2.88M
Net Profit
-92.16M

About Bit Brother Ltd

Bit Brother Ltd formerly Urban Tea Inc through its subsidiary is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. The tea-based beverages include fresh milk tea, fruit tea, and milk cap tea. The lig... Bit Brother Ltd formerly Urban Tea Inc through its subsidiary is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. The tea-based beverages include fresh milk tea, fruit tea, and milk cap tea. The light meals include salads, sandwiches, pasta, steak, burritos and other healthy options. The pastries include fresh baked bread, fresh baked cakes, and frosting cakes. Its brands include Buoyance Manor and Your Ladyship Tea. The revenue is generated from the stores operated by the company. Show more

Sector
Eating Places
Industry
Eating Places
Headquarters
Road Town, Tortola, Vgb
Founded
1970
Bit Brother Ltd is listed in the Eating Places sector of the NASDAQ with ticker BETS. The last closing price for Bit Brother was $2.78. Over the last year, Bit Brother shares have traded in a share price range of $ 1.73 to $ 660.00.

Bit Brother currently has 101,867,000 shares outstanding. The market capitalization of Bit Brother is $283.19 million. Bit Brother has a price to earnings ratio (PE ratio) of -3.07.

BETS Latest News

Bit Brother Limited prévoit interjeter appel de la décision du comité d'audience Nasdaq concernant la radiation de la cote

Bit Brother Limited prévoit interjeter appel de la décision du comité d'audience Nasdaq concernant la radiation de la cote Canada NewsWire CHANGSHA, Chine, 12 mars 2024...

Bit Brother Limited Plans to Appeal Delisting Determination by Nasdaq Hearing Panel

Bit Brother Limited Plans to Appeal Delisting Determination by Nasdaq Hearing Panel PR Newswire CHANGSHA, China, March 11, 2024 CHANGSHA, China, March 11, 2024 /PRNewswire/ -- Bit Brother Limited...

Bit Brother Limited Plans to Appeal Delisting Determination by Nasdaq Hearing Panel

Bit Brother Limited Plans to Appeal Delisting Determination by Nasdaq Hearing Panel PR Newswire CHANGSHA, China, March 11, 2024 CHANGSHA, China, March 11, 2024 /PRNewswire/ -- Bit Brother Limited...

Bit Brother Limited Receives Notice of Delisting from Nasdaq

CHANGSHA, China, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Bit Brother Limited ("Bit Brother, " "We" or the "Company") (Nasdaq: BETS), today announced that it has received a notice (the “Notice”) from...

BETS annonce la livraison de tout l'équipement à sa deuxième ferme minière

BETS annonce la livraison de tout l'équipement à sa deuxième ferme minière Canada NewsWire CHANGSHA, Chine, 25 janvier 2024 CHANGSHA, Chine, 25 janvier 2024 /CNW/ - Bit...

BETS Announces Delivery of the All Equipment at the Second Mining Farm

BETS Announces Delivery of the All Equipment at the Second Mining Farm PR Newswire CHANGSHA, China, Jan. 25, 2024 CHANGSHA, China, Jan. 25, 2024 /PRNewswire/ -- Bit Brother Limited (the...

BETS annonce les résultats de l'exploitation minière pour l'année civile 2023

BETS annonce les résultats de l'exploitation minière pour l'année civile 2023 Canada NewsWire CHANGSHA, Chine, le 15 janv. 2024 CHANGSHA, Chine, le 15 janv. 2024 /CNW/...

BETS Announces Calendar Year 2023 Mining Operation Results

BETS Announces Calendar Year 2023 Mining Operation Results Canada NewsWire CHANGSHA, China, Jan. 15, 2024 CHANGSHA, China, Jan. 15, 2024 /CNW/ -- Bit Brother Limited (the "Company," "we", or "Bit...

BETS Seeks for New Investment and Expansion Opportunities

BETS Seeks for New Investment and Expansion Opportunities PR Newswire CHANGSHA, China, Jan. 2, 2024 CHANGSHA, China, Jan. 2, 2024 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", or "Bit...

US Airforce Contract Awarded to Epazz, Inc. (OTC Pink: EPAZ)

US Airforce Contract Awarded to Epazz, Inc. (OTC Pink: EPAZ) Epazz, Inc. (OTC Pink: EPAZ) is making remarkable strides with its holdings, ZenaDrone, Inc. Miami, FL--(InvestorsHub...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
26-2.03-42.20374220374.815.991.7335924323.77401151CS
52-622.22-99.55526256601.7319583286015.86032882CS
156-622.22-99.55526256601.7319583286015.86032882CS
260-622.22-99.55526256601.7319583286015.86032882CS

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BETS Discussion

View Posts
Frankestin Frankestin 4 weeks ago
They are greedy!
Sun it depends on you, have the shorts been in charge here for too long or not?
👍️0
Frankestin Frankestin 4 weeks ago
WOW, who is so powerful that can sell in OTC during pre market?
rude dude
The 2021 F-3 expires on June 8, 2024 and therefore, we are filing this registration statement as a new shelf registration statement, with unsold securities and fees paid under the “expiring” registration statement rolled over herein.

Outstanding Warrants
As of the date of this prospectus, January 16, 2024, there were 213,364 outstanding warrants to purchase Class A ordinary shares.

Come on, have a little mercy!
👍️0
Frankestin Frankestin 4 weeks ago
The bulls are pretty pissed off here!
Borrow Interest is high!
Now it is difficult to go short the value is very compressed!
Sun seems to be on the side of shareholders! If She decides to liquidate the business or do a merge, the value will emerge.
They may have made happy purchases but there is no doubt that there is something and no bull will sell, now others can join!
So is it better to cover now or later? in my opinion now!
👍️0
Frankestin Frankestin 4 weeks ago
I think it's good that it's full of shorts! I guess we'll keep each other company for a while.

It seems that Chinese stocks are very popular on Wall Street, who knows why?
Peace and love!
👍️0
Frankestin Frankestin 4 weeks ago
everyone reports the news, hopefully soon the site will also report the news
another small step
https://www.prnewswire.com/news-releases/betsf-announces-commencement-of-operations-of-the-second-mining-farm-302176932.html
https://www.adnkronos.com/immediapress/eng/betsf-announces-commencement-of-operations-of-the-second-mining-farm_pULcvLTXzgMhJXvnjgfDL
maybe it won't be enough but this is a lot of stuff too, IMO!
👍️0
Frankestin Frankestin 4 weeks ago
https://www.sec.gov/Archives/edgar/data/1543268/000107997323001768/shnf_13g.htm
61,538,461 here say that's 9.87%! December 5th
Then, in a month, they print shares up to 3,8 bil, January 8th.
https://www.msn.com/en-us/money/markets/whats-up-with-bit-brother-bets-stock/ar-AA1mPrep?apiversion=v2&noservercache=1&domshim=1&renderwebcomponents=1&wcseo=1&batchservertelemetry=1&noservertelemetry= 1
I don't know where he found the data!
a few days later we are already at 4,285 bilion

https://www.sec.gov/Archives/edgar/data/1543268/000121390024003796/ea191610-f3_bitbrother.htm
We are authorized to issue an unlimited number of shares divided into the following classes of shares: (i) an unlimited number of Class A ordinary shares with no par value; (ii) 200,000,000 Class B ordinary shares with no par value; and (ii) 5,000,000 preferred shares, par value $0.0001 per share. As of January 16, 2024, 4,285,300 Class A ordinary shares and 881 Class B ordinary shares were outstanding. Each Class A ordinary share has the right to one vote at a meeting of shareholders or on any resolution of shareholders, the right to an equal share in any dividend paid by us, and the right to an equal share in the distribution of surplus assets. Each Class B ordinary share has the right to twenty votes at a meeting of shareholders or on any resolution of shareholders, the right to an equal share in any dividend paid by us, and the right to an equal share in the distribution of surplus assets. We may by a resolution of the Board of Directors redeem our shares for such consideration as the Board of Directors determines.

Then what happened?
ihub is the only serious one and does not indicate how much the MC is
Where do those who place an MC that does not exceed 400 thousand dollars to date get the data?

did they fix something?
Are there still assets that can be valued? What did they do with the money?
If it is a well-planned scam it must be led by someone who knows the market well and not the puppets we see
fine minds who like to spread shit?
Who knows, what game did Wu play? Hopefully Sun can help!
If they are going to go on the right path it will take time and I am in no hurry! hold on
👍️0
Frankestin Frankestin 4 weeks ago
The shorts can't cover, so they are paying interest, which was very high if I remember correctly! They have control over the price but do little with it. The shorts have 3 ways: to cover themselves directly from the company when the company needs it or to convince the bulls to sell or hope that find other shorts.
How will you cover your shares? Can news be given during the open market in the Pink market?
👍️0
Frankestin Frankestin 4 weeks ago
Oh we love this!
Probably not enough but it's a lot of stuff, imo!

👍️0
Frankestin Frankestin 4 weeks ago
Oh, IF!
if we knew how many shares they printed... Hold on
IF
If you can keep your head when all about you Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you, But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise:
If you can dream - and not make dreams your master; If you can think - and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two imposters just the same;
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build ’em up with worn-out tools:
If you can make one heap of all your winnings And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings And never breathe a word about your loss;
If you can force your heart and nerve and sinew To serve your turn long after they are gone, And so hold on when there is nothing in you Except the Will which says to them: “Hold on!”
If you can talk with crowds and keep your virtue, Or walk with Kings - nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
And - which is more - you’ll be a Man, my son!

Rudyard Kipling (1910)
👍️0
Frankestin Frankestin 4 weeks ago
now works!
Finally no sad faces
https://bitbrother.com/
https://bitbrother.com/news
👍️0
Frankestin Frankestin 2 months ago
look there, I see two link now!
👍️0
DesertEagle DesertEagle 2 months ago
According to company emails: 1) the website is being overhauled, 2) the 2nd mining site has passed final building/electrical inspection, 3) they anticipate going operational this weekend (25-27 May) and 4) they are currently negotiating on the 3rd site.

Time will tell.
👍️0
Frankestin Frankestin 2 months ago
An address has appeared, not yet active!
However... it's there
https://web.bitbrother.com/

👍️ 1
DesertEagle DesertEagle 2 months ago
2nd Site passed final inspection.
💩 1 🤡 1
DesertEagle DesertEagle 2 months ago
From Pending


To Scheduled


Could go to Passed (operational) later today or tomorrow.
💩 1 🤡 1
DesertEagle DesertEagle 2 months ago
This week could be the week... N/E sound barriers are up, started S/W this morning and bucket trucks on site to hook up electrical.



💩 1 🤮 1
Frankestin Frankestin 2 months ago
Sparkling and amusing!

LOL… but It's not nice to mock others.

They certainly didn't lift a finger to appeal but evidently there was little for the appeal, better save!
I hope I'm wrong but it could be a long wait before we know anything, maybe October, November!
This is in the worst case scenario, IMO.
The interest borrowing rate is high to wait a long time.
It could also be that they really want to redeem themselves!

The Chinese people, with their millennia-old culture, represent one of the oldest and most continuous civilizations in the world. Rooted in a history that spans dynasties and eras, the Chinese have made significant contributions to the cultural and scientific heritage of humanity. They are known for their industriousness, a distinctive trait that reflects in their work ethic and determination in pursuing long-term goals.

China is the birthplace of countless inventions that have transformed history, such as paper, the compass, gunpowder, and currency, showcasing an ingenuity oriented towards progress and innovation. Although they have historically adopted strategies of imitation to bridge technological and industrial gaps, this approach has often served as a springboard for independent developments and innovations, demonstrating the country's enormous potential.

Humility is another valued quality in Chinese culture, a virtue that manifests in respect for others and a willingness to learn and continually improve. This combination of humility, industriousness, and a deep reverence for tradition, coupled with an unceasing drive for innovation, makes the Chinese people a prominent player on the global stage!
Sun illumine us!
👍️0
LJ-Bodhi LJ-Bodhi 2 months ago
This is how a phone call from the SEC to Bit Brothers would probably go:

SEC: I would like to talk to the current CEO, can you tell me that person's name?

BB: Hu

SEC: The name of your current CEO

BB: Hu

SEC: That's what I'm trying to figure out. Who is the CEO?

BB: Yes

SEC: Yes, who is the CEO?

BB: Yes, Hu

SEC: Do we have a bad connection? You keep repeating what I say. Let's try something different. Who are you?

BB: Yu

SEC: What? Yu are not me

BB: I know, I am Yu

SEC: This is getting frustrating. Maybe you can tell me who runs accounting?

BB: Mi

SEC: Now we are getting somewhere. How long have you been running accounting?

BB: No, I am Yu. Mi is in charge of accounting.

SEC: Why won't you answer my questions in a forthright manner. I am from the United States SEC and you must answer my questions. Do you understand me?

BB: Look, I understand you. I am Yu. I would have you talk to Mi, but Mi not here. Hu is out of the country.

SEC: I'm the one asking the questions here and I don't care who is out of the country. I'm talking to Yu.

BB: Right

Endless comedy with Bit Brothers that Abbott & Costello would be proud of.
😂 2
LJ-Bodhi LJ-Bodhi 2 months ago
I personally do not believe/trust anonymous "email responses" to investors on public message boards, especially when the last Twitter/X communication from the company referenced "shareholders like Erik Riddle, Ignacio, Joonho Choi and Moe." One has to determine whether that X post (which is still there by the way) was from a spoofed/hacked account because Bit Brothers Ltd has disappeared into the wind, or whether some company representative actually thought it was a good idea and persuasive to identify shareholders like Ignacio and Moe. I have my opinion and respect anyone else to have their own.

Based on the clear written rules of Nasdaq listing requirements, the company is not even close to meeting those requirements and their egregious actions with free shares resulted in the delisting they deserved. The company is not interested in complying with any rules related to public company reporting. There was a press release stating site 2 would open in January 2024. Material events that would affect the stock price and shareholder sentiment must be publicly disclosed in press releases and/or real SEC filings. The referenced "email" contains material facts about construction delays that must be disclosed to all shareholders, not just some random person.

The removal of the website should be alarming, since you know, public company and whatnot. The utter lack of public communication since delisting should be alarming. The downward spiral in daily output from mine 1 should be alarming, if that link to an unidentified Bitcoin wallet can actually be trusted to belong to the company Bit Brothers Ltd connected to the stock symbol BETSF.

According to the last public annual report, the company had around $2m in revenues with a huge $90+m loss. How this stock even trades at 80 cents is inconceivable based on fundamentals. The interest in this stock died and it is interesting how more "updates" come from anonymous public message boards than the company itself. Fraudulent is another word, but again everyone is entitled to an opinion. Hope no one got burned to badly on this stock scam.

https://www.otcmarkets.com/filing/html?id=17473470&guid=O0Q-kFgG6XoFJth

Delisting Determination, The Nasdaq Stock Market, LLC, April 25, 2024, Bit Brother Limited.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove from listing the securities of Bit Brother Limited, effective at the opening of the trading session on May 6, 2024.
Based on review of information provided by the Company, Nasdaq Staff determined that the Company no longer qualified for listing on the Exchange pursuant to Listing Rule 5550(a)(2).
The Company was notified of the Staff determination on November 10, 2023. The Company requested a hearing on November 17, 2023. On January 30, 2024, the Company received an additional delist determination pursuant to Listing Rule 5101. Also, on January 30, the Company deficiency under Rule 5550(a)(2) was declared moot. On March 5, 2024, upon review of the information provided by the Company, the Panel determined to deny the Company request to remain listed on the Exchange.
The Company securities were suspended on March 7, 2024.
The Company did not appeal the amended Decision to the Nasdaq Listing and Hearing Review Council (Council) and the Council did not call the matter for review. The Staff determination to delist the Company became final on April 19, 2024.

Remember, the company issued a public press release stating it planned to appeal the delisting notice. That was a material event. The company did not comply with reporting requirements when it chose not to issue a press release to advise on the decision not to appeal. Just facts. When a Chinese company operates out of a British Virgin Islands shell, this is what can be expected.
👍️0
DesertEagle DesertEagle 2 months ago
Here is a response to a shareholders questions, posted this morning on another board...

Dear investors, thank you for your attention and support to the company, and reply to the relevant questions as follows:
The shareholders' joint letter was not accepted by Nasdaq because the number of signatures was not enough and did not meet the requirements, but the company is still seeking all available plans and methods with the help of the listed company's advisory law firm to return to the Nasdaq Capital market as soon as possible.
The operation of the Site2 has been delayed due to uncontrollable factors such as weather and transportation accidents, but it is expected to be put into operation by the end of next week.
The deal for Site3 is still under negotiation.
Thank you for your interest in our company and your investment in our stock. We understand your expectations and concerns regarding share buy-back.
However, the decision to buy back shares involves a number of factors such as the company's financial health, operating strategy, and long-term growth. We need to fully consider these factors in order to make decisions that are in the best interest of the company and all shareholders.
At present, we are actively studying and evaluating various possible strategies, as well as various ways of working on capital. We firmly believe that only the long-term and stable development of the company can bring greater benefits to shareholders. We will continue our efforts to improve the company's performance and improve shareholder returns. We look forward to your understanding and support in this process.
We will seriously consider your suggestions, and if there is a share buy-back plan in the later stage, we will make relevant announcements in a timely manner as required.
The stock price in the secondary market is affected by multiple factors such as the macroeconomic environment, industry policy adjustment, capital flow stage, financial market situation and the company's own fundamentals.
At present, the company's production and operation conditions are good, and the Bitcoin market is showing an amazing and stable development trend.
In the future, the Company will continue to do a good job in operation and management, strive to improve profitability and achieve sustainable development, in order to promote the steady growth of the company's value. The specific information is subject to the company's subsequent disclosure announcement, the company will strictly abide by the rules and regulations of information disclosure, timely and accurately fulfill the disclosure obligations.
The Antminer S-19k Pro uses a new generation of ASIC chips with up to 120T of hash-rate, which can process a large amount of data in a short period of time and improve mining efficiency, it is one of the most powerful mining machines on the market today. At the same time, it has a power consumption ratio of 23J/T, which has high energy efficiency.
💩 1 🤡 1
LJ-Bodhi LJ-Bodhi 2 months ago
You seem like a nice dedicated earnest person. No disrespect intended. There are some harsh truths to consider. The company website no longer exists. Many, many old press releases have been scrubbed from the internet. This egregious lie was posted on X about challenging delisting:

To all dear shareholders:

Recently, we have received a lot of concerns and feedback about Nasdaq's delisting decision from shareholders like Erik Riddle, Ignacio, Joonho Choi and Moe, who have been closely following the company's progress and even provided many useful…— Bit Brother Limited (@BitBrotherLtd) March 13, 2024

Nasdaq records prove they never appealed anything. It was always a stock scam created to print shares and fool retail. It is questionable if the Bitcoin wallet is even real. But, anyone can check it to see mining production has cratered for months. They projected 0.4 coins a day at full capacity. 12 a month. That dropped to 0.3, 0.2, and even lower before the halving in April. 0.2 should be the new output but it's as low as 0.05 some days. Either they can't pay the energy bills or the equipment is failing or the entire scam is made up gibberish.

There is no market for this 80 cent stock, just smoke and mirrors with "new management" who say nothing, no more press releases, no more website, and the last SEC filing was the Nasdaq removal.

If they go for another "re-brand" with a new company name.....fool me once, shame on you....fool me twice, three times, four times....so many names in the history of this stock scam. Beware
👍️ 1
DesertEagle DesertEagle 2 months ago
All supports in place (N,S,E,W) and first level of sound boards in place. If the crew keeps up the pace, could energize the site as soon as this weekend.

👍️0
pennylane67 pennylane67 2 months ago
I'm surprised to see you over here. How did pct work out.
🐀 1 🤣 1
DesertEagle DesertEagle 2 months ago
Getting close... supports in place on the N and W side of the site and sound panels were being installed yesterday.

👍️ 1 😁 1 🤡 1 🤢 1
Frankestin Frankestin 3 months ago
https://www.sec.gov/Archives/edgar/data/1543268/000135445724000300/xslF25X02/primary_doc.xml
ok no miracle! What will they do? Will they sell everything? After they raked in tens of millions of dollars, Sun it's time for tells us what's left
It's incredible that they don't say anything! irritating
👍️0
Frankestin Frankestin 3 months ago
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
👍️0
Frankestin Frankestin 3 months ago
Mmmm still here!
https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx
the website is down, will it be restored? if and how.... ahh to know it!
👍️0
usaphilippines usaphilippines 3 months ago
Told you pumpers this would happen
👍️ 1 💥 1 💩 1 🤡 1
usaphilippines usaphilippines 4 months ago
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
💩 1 🤡 1
Frankestin Frankestin 4 months ago
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
👍️0
usaphilippines usaphilippines 4 months ago
The train that derails? LMAO
👍️ 1 💩 1 🤡 1
Frankestin Frankestin 4 months ago
we can do it! have a good weekend!
👍️0
Frankestin Frankestin 4 months ago
don't miss the train
👍️0
Frankestin Frankestin 4 months ago
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!
👍️0
Frankestin Frankestin 4 months ago
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
👍️0
Frankestin Frankestin 4 months ago
it almost seems like a redemption!
https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx
👍️0
Frankestin Frankestin 4 months ago
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.
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Frankestin Frankestin 4 months ago
Great day to cover up a bit!
Wow so big volumes for shorts!
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Frankestin Frankestin 4 months ago
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
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Bubae Bubae 4 months ago
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.
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Frankestin Frankestin 4 months ago
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!
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Frankestin Frankestin 4 months ago
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!
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Frankestin Frankestin 4 months ago
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?
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surf1944 surf1944 4 months ago
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!
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Helter Skelter Helter Skelter 4 months ago
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

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usaphilippines usaphilippines 4 months ago
COOKED BOOKS
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usaphilippines usaphilippines 4 months ago
LOL after diluting 70 million dollars last year? bahaha changing CEO because the last one on a yacht sipping fine wine
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LJ-Bodhi LJ-Bodhi 4 months ago
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!
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Frankestin Frankestin 4 months ago
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!
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Frankestin Frankestin 4 months ago
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
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