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Old 07-14-2020, 07:56 PM  
carolwebb
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Join Date: Jan 2020
Posts: 221
Hope none of you guys invested in Dan Bilzerian's Pot Company

The guy just looks like he is making fun of the scammers on "American Greed".

Quote:
The self-titled "King of Instagram", Dan Bilzerian, now also appears to be the "King of Lighting Cash On Fire".

That's because Bilzerian's new pot company, Ignite International, looks like it's about to go up in smoke. The company torched $50 million in cash last year after raising $19.9 million in convertible debt and $23.7 million from a short term promissory note.

If the company winds up surviving, it may have to enter a toxic financing spiral that could decimate the company's shareholders further than they already have been.
https://www.zerohedge.com/markets/da...nster-50m-loss
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