Dan Bilzerian and Ignite International have just released their first ever profitable quarter, Q4 2020. As a result, the stock shot up 170%... But could Dan Bilzerian be lying about the financials?
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In the fourth quarter alone, Ignite International generated $10.1m, in Q3 only $1.7m, in the first 3 quarters of 2020 only $6.5m and for the entire of 2019, only $9.6m.
To break it down, Dan has made more money in one quarter, than the entire of 2018, 2019 and the first 3 quarters of 2020.
Of this $10m, around $5m came from December alone. Supposedly, this significant increase in revenue is a result of opening a new company in Malaysia. This significantly effected the Ignite International Q4 (quarter 4) financials.
The first unusual part of all of this, is that the recent financial announcement posted by Dan Bilzerian, is unaudited and unreviewed. Meaning that he can release what ever he wants.
Also, i've ran the numbers, and it would mean that 1 in every 80 people in Malaysia spent 20% of their monthly salary on 1 of the Ignite International vapes, to last the entire quarter. Which is absolutely possible, but seems far fetched, maybe he really does just have a super strong following in malaysia.
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This video hasn't been made to slander the name of dan bilzerian or ignite international, just merely pointing out some observations that I had when reading through his financials, I might be completely wrong with my assumptions as after-all I’m just some guy that makes videos and puts them on the internet, i'm not Dan's accountant or his auditor, so be sure to do your own research.
Everything said in this video isn't proven fact, its entirely assumptions made by me based on the publicly available information such as historic ignite international financial statements' and public marketing evidence.
The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.
Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
Inspired by Graham Stephan, Meet Kevin, Andrei Jikh, Stock Moe, My Financial Friend, MCash, Kenan Grace and more.
#DanBilzerian #DanBilzerianLying #IgniteInternational
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In the fourth quarter alone, Ignite International generated $10.1m, in Q3 only $1.7m, in the first 3 quarters of 2020 only $6.5m and for the entire of 2019, only $9.6m.
To break it down, Dan has made more money in one quarter, than the entire of 2018, 2019 and the first 3 quarters of 2020.
Of this $10m, around $5m came from December alone. Supposedly, this significant increase in revenue is a result of opening a new company in Malaysia. This significantly effected the Ignite International Q4 (quarter 4) financials.
The first unusual part of all of this, is that the recent financial announcement posted by Dan Bilzerian, is unaudited and unreviewed. Meaning that he can release what ever he wants.
Also, i've ran the numbers, and it would mean that 1 in every 80 people in Malaysia spent 20% of their monthly salary on 1 of the Ignite International vapes, to last the entire quarter. Which is absolutely possible, but seems far fetched, maybe he really does just have a super strong following in malaysia.
If you enjoy these videos and want me to continue making more, consider becoming a member of the channel here; https://youtube.com/channel/UCRTndpz_fpcVcoVe0QF1IgA/join
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My Favourite Investing Books;
Rich Dad Poor Dad - https://amzn.to/3gqVJBW
The Big Short - https://amzn.to/2ExjIB5
The Wolf of WallStreet - https://amzn.to/2PgVeyo
The Four Hour Work Week - https://amzn.to/30hr3xe
Think and Grow Rich - https://amzn.to/2XkLyHg
Intelligent Investor - https://amzn.to/2BUqEYg
The Equipment I use to make these videos;
Camera - Canon EOS M50 - https://amzn.to/3225DVx
Microphone - Rode Video Mic Go - https://amzn.to/2F4C5On
Lighting A - 2x Softboxes - https://amzn.to/331O1IW
Lighting B - Neewer Ring Light - https://amzn.to/3309wda
Small whiteboard - https://amzn.to/2R6urW5
This video hasn't been made to slander the name of dan bilzerian or ignite international, just merely pointing out some observations that I had when reading through his financials, I might be completely wrong with my assumptions as after-all I’m just some guy that makes videos and puts them on the internet, i'm not Dan's accountant or his auditor, so be sure to do your own research.
Everything said in this video isn't proven fact, its entirely assumptions made by me based on the publicly available information such as historic ignite international financial statements' and public marketing evidence.
The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.
Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
Inspired by Graham Stephan, Meet Kevin, Andrei Jikh, Stock Moe, My Financial Friend, MCash, Kenan Grace and more.
#DanBilzerian #DanBilzerianLying #IgniteInternational
He is playing to an ignorant audience. Any real man of intelligence and smarts wouldn’t sound the day he sounds, nor spend the time marketing himself the way that he did before finally setting up a company to which he wasn’t in the very least bit embarrassed with CEO miscalculations. Blaming a CEO hat you, yourself hired only reflects poorly on yourself. But then again, I don’t have a personal issue with him spending his daddy’s trust fund money to give adolescent boys some visual fantasy of rare type of lifestyle. It’s his money to burn.
Maybe his dad did a big order and will ask for refund next quarter.
Awesome video but the pop noise is annoying
Love these Ignite/Dan Bilzerian videos. Keep it up!
That ending though… CHEERS
haha
Something seems fishy 😂😂
SENS video please 🙏🙏🙏
Something fishy is going on
Sick video, as always 👌but please could show us more of your new penny stocks and updates about your current stock videos updates
Dan Bilzerian is a piece of Sht
What do you think about Dan Bilzerian’s profitable fourth quarter? Legit or not?
1st!