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Bullboard - Stock Discussion Forum 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... see more

GREY:BLITF - Post Discussion

i3 Interactive Inc > BILLLLLLLLLLZERIAN BURN RATE
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Post by gamer101 on Oct 26, 2020 7:03pm

BILLLLLLLLLLZERIAN BURN RATE

Taken from Sedar.com and company press releases, quarterly costs.... this does not include ongoing operational costs

Dan Bilzerian USD $300,000 Quarterly
Jolt Solutions $100,000 Quarterly ( USA launch?????)
Chris Neville, Troy Grant $60,000 Quarterly
Nick Kypreos $45,000 Quarterly
Management ?
Marketing?
Corporate? 
Hybrid $45,000 Quarterly

Numerous other hires along with a proposed acquistion of an interest in a India Poker company?

This company is bleeding money! 

They have also issued millions (35,887,050)  of shares at .0 cost base! Millions more at <.05 

Hope Dan-the-man is a better poker player than the mainstream media is saying!

GLTA

 

Comment by gamer101 on Oct 27, 2020 10:45am
One Correction to last post The company also issued 7 million, yes 7 MILLION SHARES AT .00 ( Zero cost Base) for a finders fee. CHRIS NEVILLE THE COMPANY PRESIDENT HAS REPEATEDLY SAID HE PUT THE DEALS TOGETHER BUT THE SHARES DO NOT SHOW GOING TO HIM? Begs the question who did these shares go to?  IN TOTAL THEY HAVE ISSUED 42,887,050 SHARES FOR FREE IN THIS DEAL BBW
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