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Severely damaged. Seek help.
3 1/2 weeks to "grease some palms"
(only one post per day to this board)
Bit Brother Limited Receives Notice of Delisting from Nasdaq
February 02 2024 - 04:05PM
Bit Brother Limited ("Bit Brother, " "We" or the "Company") (Nasdaq: BETS), today announced that it has received a notice (the “Notice”) from the Nasdaq Stock Market (“Nasdaq”) on January 30, 2024 notifying the Company that the Nasdaq Staff (“Staff”) had determined to delist the Company’s securities from Nasdaq in accordance with its authority under Nasdaq Listing Rule 5101. Nasdaq based its determination upon concerns raised by the issuance of certain warrants with cashless exercise provisions in two registered offerings by the Company on October 25, 2023 and December 5, 2023 and the associated public interest concerns raised by such transactions.
The notice has no immediate impact on the Company’s listing and trading, as Nasdaq has granted the Company a hearing before the Nasdaq Hearings Panel (the “Panel”) scheduled to be held on February 27, 2024 (the “Hearing”). Nasdaq will continue to stay any suspension or delisting action pending the completion of the hearing process. There can be no assurance that the Panel will grant the Company’s request to demonstrate compliance of continued listing requirement or that the Company will be able meet the continued listing requirement during any compliance period or in the future. If the Panel does not grant the Company’s request to demonstrate compliance, its ordinary shares will be subject to delisting and the liquidity and marketability of the Company’s ordinary shares would be adversely affected.
As previously disclosed on November 15, 2023, the Company had received a delisting notice from Nasdaq based upon the Company's non-compliance with Nasdaq Listing Rule 5550(a)(2) and 5810(c)(3)(A)(iii) (the “Bid Price Rules”), as the Company's securities had a closing bid price of $0.10 or less for 11 consecutive trading days from October 26 through November 9, 2023. On January 30, 2024, the Company received a notice of compliance with the Bid Price Rules.
This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a delisting notification.
About Bit Brother Limited
Bit Brother Ltd is a multifaceted corporation with operations spanning business management in China and blockchain and cryptocurrency ventures in the United States. Within the U.S. jurisdiction, the company strategically manages and integrates cryptocurrency mining facilities. With a dedicated team of specialists, company has successfully expanded two mining ventures and is committed to further growth. For more information, please visit: www.bitbrother.com.
$BETS
$CNXA +232% @ .65...
$CNXA +141% @ .48 on 8k huge volume...
1,070,000 sold (transferred) under bid .0026 @ .002407 🧐
Thanks Zardiw...🙂 $SONX
$BETS +50% @ 4.71 on volume/news 🚀😺
$BETS +50% @ 4.71 on volume/news 🚀😺
$BETS +23% @ 3.88...a MOVER...premarket...
$BETS +23% @ 3.88...a MOVER...premarket...
❤️ ya BUMBLEBEE 😺
\]
My one post today on this board...
$BETS 💥 2024 💥 $20+ 💥 Current pps $3.76
Follow my posts here > https://investorshub.advfn.com/boards/profile.aspx?user=129869
💥 NEWS 💥
Ladies and Gentlemen:
Pursuant to Rule 477 under the Securities Act of 1933, as amended (the “Act”), Bit Brother Limited (the “Company”) hereby respectfully requests immediate withdrawal of its Registration Statement on Form F-3 (File No. 333-276526) filed with the Securities and Exchange Commission (the “Commission”) on January 16, 2024, together with all exhibits thereto (the “Registration Statement”). The Company confirms to the Commission that no securities under the Registration Statement have been sold.
It is the Company’s understanding that this application for withdrawal of the Registration Statement will be deemed granted at the time filed with the Commission unless, within fifteen calendar days after such date, the Company receives notice from the Commission that this application will not be granted.
The Company requests, in accordance with Rule 457(p) under the Act, that all fees paid to the Commission in connection with the filing of the Registration Statement be credited to the Company’s account to be offset against the filing fee for the filing of any future registration statement or registration statements.
The Company respectfully requests your assistance in this matter. If you have any questions regarding this application for withdrawal, we ask that you forward them by electronic mail to our counsel, Joan Wu, Esq. at jwu @bmwzpower.
Respectfully submitted,
/s/ Xianlong Wu
Xianlong Wu
Chief Executive Officer
cc: Joan Wu
Hunter Taubman Fischer& Li LLC
See above...
💥 NEWS 💥
Ladies and Gentlemen:
Pursuant to Rule 477 under the Securities Act of 1933, as amended (the “Act”), Bit Brother Limited (the “Company”) hereby respectfully requests immediate withdrawal of its Registration Statement on Form F-3 (File No. 333-276526) filed with the Securities and Exchange Commission (the “Commission”) on January 16, 2024, together with all exhibits thereto (the “Registration Statement”). The Company confirms to the Commission that no securities under the Registration Statement have been sold.
It is the Company’s understanding that this application for withdrawal of the Registration Statement will be deemed granted at the time filed with the Commission unless, within fifteen calendar days after such date, the Company receives notice from the Commission that this application will not be granted.
The Company requests, in accordance with Rule 457(p) under the Act, that all fees paid to the Commission in connection with the filing of the Registration Statement be credited to the Company’s account to be offset against the filing fee for the filing of any future registration statement or registration statements.
The Company respectfully requests your assistance in this matter. If you have any questions regarding this application for withdrawal, we ask that you forward them by electronic mail to our counsel, Joan Wu, Esq. at jwu @bmwzpower.
Respectfully submitted,
/s/ Xianlong Wu
Xianlong Wu
Chief Executive Officer
cc: Joan Wu
Hunter Taubman Fischer& Li LLC
Golden 🤡 sent me. Maybe 🤡 flipped, wants lower entry...? GLTY
wOw. Scam scamming scammers...I don't have a problem with that, lol...
You might still have time to edit...$0.00013 should be $0.0013 I believe...
Did BEGI file an 8K disclosing that? Where/how was it made public? Thanks.
wOw, another failure to convert breach...?
2,667,460,000 shares ($133k / .00005) by Quick Capital LLC count or 856,880,000 shares ($43k / .00005) by BEGI count.
Thanks for posting this, Bubae, was "new" to me...Quick Cap basically owns the company...how's BEGI gonna get out of this?
Was Quick Cap "locked out" of the p&d over a penny? That would pizz them off, I'd imagine, lol...JMO.
In April 2022, Quick Capital LLC issued a notice of default on its $33,275 convertible note to the Company dated November 16, 2020 and stated that the outstanding amount due on the note is $133,317, the default interest per annum is 24%, and that the conversion price is the lowest trading price during the delinquency period with a 50% discount. The Company has recorded accrued default interest on the note at the rate of 24% per annum from May 24, 2021 (date of default) to September 30, 2023 based on the original loan value of $33,275. At September 30, 2023, the accompanying financial statements reflects an outstanding loan balance due to Quick Capital LLC of $33,275 and accrued interest of $9,569. The Company and Quick Capital LLC have been in discussions to reach a reasonable and fair settlement of the balance due on the financing agreement.
Have they diluted the 46,000,000 @ 0004 yet? Thanks. wOw, my other stock just took off! BOOMSHAKALAKA!
Answer the question. How many? 🐱 Thanks. $BETS
Why don't you answer? You posted it. How many is "tons of warrants"?
Yes, tons of warrants left
https://dilutiontracker.com/app/search/BETS?a=4b547f
How many warrants are left according to the site that you posted the link to? Asked this of you the other day. You gonna answer? How many is in a ton? How many tons?
Yes, tons of warrants left
https://dilutiontracker.com/app/search/BETS?a=4b547f
No one cares what you do, pita, no one here is your friend nor respects you...except some backstabbers from your neck of the woods, lol...GLTY, don't talk to me, thanks...iHubbers do not affect this stock and neither do their chart visions...JMO. Bye now...go play outside with the other children...🐱
Gotcha, thanks, this stock has it's own Captain and it's name isn't charts....$BETS
Good morning ConstructionKing and BETS' Gang. $BETS
Market Cap $14,398,608, Cash ~$100 million.
Book Value (total assets - total liabilities) ~$120 million maybe more...
Book value per share is $120 million / 4,285,300 OS = $28 (per share).
As of January 16, 2024, 4,285,300 Class A ordinary shares and 881 Class B ordinary shares were outstanding.
What's the matter with you?
BAHA the STOCK IS 99% down and BROKE NEW ALL TIME LOWS TODAY!? Is this a circus? Yes my daily target may not be met but these delusional bulls going to say this POS going to the moon with shamir capital toxic cashless warrants is laughable.
No record, just BETS broken broke, lol...$BETS
lol. Sound like a broken record
You aren't a short. No one believes that.
If you were you would be a happy peep instead of an angry bitter peep, lol...
I was going to ALERT$ this huge buy but didn't want to frighten/alarm all 'the shorts' roflol...
7,612 shares. $22,228. There's yer signal to take 'er UP...made my 2.90s shine...
$BETS