Replies to post #3429 on Bit Brother Ltd (BETSF)

[S-BEES-BUMBLEBEE]

Look at that inflow, absolutely insane! This cud see a +500% day shortly imo. $BETS





$$$BETS$$$

[Helter Skelter]

Gail and others...my post may have been confusing...

I was replying to another poster that posted this:

2 business days public notice, and 250/1 max in two year period. If BETS fails to close above .01 on Thursday, we would have two business days before they could effect the split, or Friday/Tue, with Wed 12/27 being the effective date since Monday is Christmas..
(ex. pre-split price .005 x 250 is $1.25 post-split)
(shares outstanding 611 Million pre-split, divided by 250 is 2.4 Million post-split, or market cap of $3M)

They did a 15:1 reverse split Dec 22. So, if they can only do the equivalence of 250:1 max in a 2 year period then the most they could RS for is 16.666:1.

16.666 x 15 (RS they did Dec 2022) = 250 (the max reversal they can do in a 2 year period).

If they got the price back up to 6¢ then reversed @ 16.666 = $1 per share...that's their only hope if it is indeed true that 250:1 max in two year period for a reverse split is the rule/law...

See this post by Sunset Kid. Is this correct? https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173465196