OTCPK:BILZF - Post by User
Comment by
tour2beston Jul 17, 2019 10:07pm
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Post# 29932561
RE:RE:RE:RE:Interesting buy signals
RE:RE:RE:RE:Interesting buy signalsIstagram followers at 1+million but I thought that Dan B had 42+ milllion followers across the social-media realm.
Have we not paid for this SM access already? I have asked how to value, as I do not see the value (yet?)
Award winning? where? Products are white-label with Ignite labels, so not so innovative.
Six month high was $4.04 and low $0.66, so at $10 its a 2.5 bagger or 2 bagger for the unfortunate who financed at $5 per share.
Ignite is paying for "dan's house" and plans if the option is exercised, its a $65+ million purchase.
Dan has some money but I believe (as many others do) it is from a trust fund. His Dada was an original greenmailer.
Notoriety to the brand is an interesting claim; care to explain what that means?
Dan has 62.5% of company; royalty on sales, had a lease bought out to allow a house to be bought (Ignite appeared to pay $10 million that bought out the lease for $8+ million and he kept $1.5-ish million cash and keeps the Vegas house that was valued at less than $4 million just a few months back. Other than his notoriety, Dan gets alot for his $800k-ish investment. Given the deal's due diligence, Dann appears to have negative 500,000 invested.
Who is looking out for shareholders? CFO and President are signing on both sides of the deal, or at least that is what it appears.