Bit Brother Ltd (BETSF)

[Frankestin]

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and
correct.
By:S.H.N. Financial Investments Ltd.
December 15, 2023 By:/s/ Nir Shamir
Nir Shamir, Chief Executive Officer
61,538,461 = 9.87%
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=317929856&type=PDF&symbol=BETS&cdn=9e7a71196ef61912418050fcd1a61a72&companyName=Bit+Brother+Limited&formType=SC+13G&formDescription=Statement+of+acquisition+of+beneficial+ownership+by+individuals&dateFiled=2023-12-15
For my bank MC says about 726K!
Do they used 100K warrants? Pre R/S 100M
There are legal requirements if I exceed 5%!
So what does your bank/broker say?
There are public interests at stake, someone could very well have counted on this! Why was the website taken down? Maybe WU wants just that!
I have no experience with this. SEC would protect investors if they took the toy away from those who behave like this... never gonna happen, shareholders are not important or to be protected! common shares are for common people and are damn risky.
It seems obvious that the activity will continue in the OTC market too!
So I think that if the shorts are so safe, the move to OTC should be considered.
So the question is, how much is it worth if we go OTC?
How many shares will be immediately diluted?
This is the real risk!
If it's as valid as the NASDAQ website says, it means that there are many more shares around than what my bank says.
At least 7 times more!
Whoever is here before the R/S will get something if WU is an honest person and will do the right things to get back into compliance!
This could push the value beyond reasonable!
Otherwise OTC and it will be better to get out at the first opportunity...

https://www.nasdaq.com/press-release/bit-brother-limited-receives-notice-of-delisting-from-nasdaq-2024-02-02
Why are the SEC filings no longer updated since 01/31?
https://www.nasdaq.com/market-activity/stocks/bets/sec-filings
I don't think it's mandated by NASDAQ. This makes me think that WU is not interested in being in the NASDAQ.
I hope I'm wrong and you fuel this hope, you sound confident about WU!
Do you think they've done well so far? Did they really suffer from the market and was their stock unreasonably crushed by the shorts?
Are they victims or executioners?
I'll see at least $100 if it stays on the NASDAQ, in that case I won't settle for less!

When reviewing transactions that include these types of securities for compliance with the Listing Rules, including whether they raise
public interest concerns, Nasdaq generally assumes that conversion of the warrants will result in the maximum possible dilution over the
shortest period of time. In addition, in determining whether the issuance of a warrant that is a Future Priced Security raises public
interest concerns, Nasdaq staff will consider among other things: (1) the business purpose of the transaction; (2) the amount to be raised
in the transaction relative to the Company's existing capital structure; (3) the dilutive effect of the transaction on the existing
shareholders; (4) the risk undertaken by the Future Priced Security investor(s); (5) the relationship between the investor(s) and the
Company; (6) whether the transaction was preceded by other similar transactions; (7) whether the transaction is consistent with the just
and equitable principles of trade; and (8) whether the warrant includes features to limit the potential dilutive effect of its conversion or
exercise, including floors on the conversion or exercise price. In order to properly reflect the potential dilutive effect, such floors must be
subject to adjustment for reverse stock splits and other changes to the company's capital structure. Nasdaq encourages any company
considering issuing a warrant that provides for cashless exercise and/or exchanges of the warrant for stock to review IM-5635-4 and to
consult with the Listing Qualifications Department at [phone].

https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5100-series
Nasdaq may use its authority under Rule 5101 to deny initial or continued listing to a Company when an individual with a history of regulatory misconduct is associated with the Company. Such individuals are typically an officer, director, Substantial Shareholder (as defined in Rule 5635(e)(3)), or consultant to the Company. In making this determination, Nasdaq will consider a variety of factors, including:
• the nature and severity of the conduct, taken in conjunction with the length of time since the conduct occurred;
• whether the conduct involved fraud or dishonesty;
• whether the conduct was securities-related;
• whether the investing public was involved;
• how the individual has been employed since the violative conduct;
• whether there are continuing sanctions (either criminal or civil) against the individual;
• whether the individual made restitution;
• whether the Company has taken effective remedial action; and
• the totality of the individual's relationship to the Company, giving consideration to:
° the individual's current or proposed position;
° the individual's current or proposed scope of authority;
° the extent to which the individual has responsibility for financial accounting or reporting; and
° the individual's equity interest.
Based on this review, Nasdaq may determine that the regulatory history rises to the level of a public interest concern, but may also consider whether remedial measures proposed by the Company, if taken, would allay that concern. Examples of such remedial measures could include any or all of the following, as appropriate:
• the individual's resignation from officer and director positions, and/or other employment with the Company;
• divestiture of stock holdings;
• terminations of contractual arrangements between the Company and the individual; or
• the establishment of a voting trust surrounding the individual's shares.
Nasdaq staff is willing to discuss with Companies, on a case-by-case basis, what remedial measures may be appropriate to address public interest concerns, and for how long such remedial measures would be required. Alternatively, Nasdaq may conclude that a public interest concern is so serious that no remedial measure would be sufficient to alleviate it. In the event that Nasdaq staff denies initial or continued listing based on such public interest considerations, the Company may seek review of that determination through the procedures set forth in the Rule 5800 Series. On consideration of such appeal, a listing qualifications panel comprised of persons independent of Nasdaq may accept, reject or modify the staff's recommendations by imposing conditions.
Nasdaq may also use its discretionary authority, for example, when a Company files for protection under any provision of the federal bankruptcy laws or comparable foreign laws, when a Company's independent accountants issue a disclaimer opinion on financial statements required to be audited, or when financial statements do not contain a required certification.