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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.


GREY:BLITF - Post by User

Post by Angelique01on Dec 04, 2021 1:24pm
433 Views
Post# 34198545

Canadian Operations suspended effective December 1

Canadian Operations suspended effective December 1
Stock halted for 7 months.
Acquisition transaction now terminated. 
Canadian operations suspended effective Dec 1. 
At the end of September only $827,000 in cash
Negative working capital with $2.5M current assets and $3.7M of current liabilities
YTD net loss of $11.7M  

If this stock ever starts trading again I can see a mass exit of investors running for the door.  Maybe 10 cents at best.
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