Скачать или смотреть Dan Bilzerian Facing NEW Scam Allegations! (Ignite)

Dan Bilzerian Facing NEW Scam Allegations! (Ignite)

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Dan Bilzerian Facing Huge Ignite Fraud Allegations

King of Instagram?
At a glance, Dan Bilzerian seems to have it all. His Instagram paints a picture of a lifestyle that would be displayed next to the definition of “hedonism” in a dictionary. He always has a bevy of bikini-clad beauties on hand whether he’s at the beach, flying in his private jet, or even lying in bed. His wealth seems massive, affording him the luxury of a life of constant jet-setting and pleasure-seeking.
The story goes that he made his fortune off playing high-stakes poker and it’s the story he sticks with regardless of who he speaks to regarding the source of his wealth. But this story has fallen under scrutiny lately from actual poker experts who have criticisms ranging from the fact that Bilzerian just isn’t that good of a poker player.
 
$50 Million !
It was written on the news in July that Ignite was $50 million in the red, a financial hardship that forced Bilzerian’s company to agree to end the lease on his (rented, by the company) Los Angeles mansion, even as he was yachting around the Mediterranean. Meanwhile, shares in the company tanked, slipping from $1.44 (Canadian) to about $0.36 cents as of most recent trading. Bad optics and bad business, but the lesson of the year 2020 is that there is no bottom. And so, late last week, news broke that CannMart, a distribution company that moves Ignite-branded product in Canada—where Bilzerian’s firm is publicly traded—was ending its relationship with Ignite.
 
Company in a worse financial crisis
According to a YouTuber Tom Nash who recently analyzed Ignite’s financial records for the past six months, the company is in a dire financial situation that could see it close shop in just two weeks. Recently, Dan Bilzerian, who is Ignite’s Founder and CEO, has been posting pro Armenian nationalist tweets that have left everyone wondering what’s really going on with Dan and his company. Some months ago, a report by Forbes revealed that the Ignite company lost a staggering $50 million in 2019, which was seen as lavish spending by the CEO. Ignite International Brands specializes in several products, including electronic cigarettes, cannabis, and others.
 
However, Dan Bilzerian has ruled out such rumors, as evidenced by his recent tweets. In one of his tweets, he mentioned Uber as an example to draw a parallel and counter bankruptcy speculation about Ignite.
 
Dan Bilzerian has been criticized by quite a few content creators in the past, and was allegedly called the ‘man-baby’ of Instagram by YouTuber Philion. His source of funding is the company Ignite International Limited, of which he is the CEO and founder. However, recently, it has been claimed that most of his life is based on lies.
 
Dan Bilzerian going bankrupt, facing legal troubles:
Back in July, Bloomberg had reported that former Ignite President Curtis Heffernan has filed a suit against the company claiming that he was fired for refusing to approve Dan Bilzerian’s extravagant spending’s.
 
Presidential Changes
Don’t forget that Ignite is a consumer-focused brand that doesn’t really seem to sell all that much. The company reported $1.6 million in sales in 2020 in its most recent financial statements—good for only about $600,000 in actual profit. Add that to the news that Ignite shuffled company leadership again last month—John Schaefer, who recently put in time at cannabis unicorn MedMen, took over as president on Sept. 1, Ignite’s third president since June—and what you’re left with is a picture of a flailing business, sinking further into turmoil. Or whatever this is.
 
End of the road for Ignite?
 
Ignite could not make it to file its Q2 financials on time, releasing it just two-and-a-half months after the deadline. But this still raises a lot of questions.
However, they finally released it so nobody could find them; it’s not on their website, which is horrendous. What kind of public company doesn’t put its own financials on its own website? That is unheard of.

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