i3 Interactive Inc BLITF

i3 Interactive Inc. is engaged in the business of providing customers with an online and mobile gaming platform, which provides sports fans worldwide with an engaging social gaming product, and sports betting and casino product offering. The Company operates in three geographical jurisdictions: India, Canada, and the United States. The Company operates through brands and platforms, including Blitzbet, Blitzpoker, and Blitzpools. Blitzbet is an online sports book and casino brand operated by the Company’s subsidiary, Deluxe Crown B.V., under a master license granted by Curacao. The Company operates Blitzpoker through its subsidiaries in India, Redrush Online Private Limited and Esperanza Gaming Private Limited. Blitzpoker is an online poker platform, which provides residents of certain Indian states with free to play poker games, as well as pay to play poker games. Blitzpools is an online fantasy platform available on Android, iOS, and desktop.

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i3 Interactive Inc

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Post by Tommer3on Dec 29, 2014 11:45am

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Post# 23269116

ERIC 85 - re costs

It my understanding is that the costs are similar to running a gravel aggregate business. Blast, crush and transport. FMR's ore is close to the surface and is easily brought to market.

Months ago... I looked through RIO -Tinto's sales and there Titanium Magnetite ore was going for 80 bucks a ton. Was there money maker the last 2 years with Iron ore prices in the tank. Once FMR gets moving forward with securing contracts and shipping in 2015 this will trickle down into the financials.

They market there product under Sorelflux...

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