At the tip of the week, sure, it’s one other “playboy” (we’d say throwback) hashish CEO getting his simply desserts.
Dan is a grown man that hangs with Marshmello which as this story unfolds is a good analogy for the extent of hubris that he’s engaged with.
The sexism displayed on his instagram account would make Hugh Hefner blush
We’re reminded of this South Park episode !
Dan Bilzerian, CEO of hashish firm Ignite International Brands Ltd, and so-called Instagram playboy who posts photos with stacks of money and fashions on yachts, is being sued by a whistleblower amid studies that the corporate misplaced $50 million final 12 months.
Curtis Heffernan, former Ignite government vp, claims he was fired after flagging unordinary purchases to the corporate board, together with $75,000 on paintball discipline, $40,000 on a mountaineering wall, $60,000 on a “Star Wars” gun set, $31,000 on pool renovations, $50,000 on a mattress body, $15,000 on a ping pong desk, and $88,000 on a vault, TMZ studies citing court docket paperwork.
Heffernan claims he additionally discovered proof that some “business expenses” charged to Ignite had been for home items, groceries, luxurious yacht leases, and transportation for fashions. He claims that when he introduced the discrepancies to the board, Bilzerian accused him of doing medication and fired him. Heffernan is looking for compensation for damages.
Read the total story at
Bloomberg even have the story https://www.bloomberg.com/news/articles/2020-07-08/ex-ignite-chief-says-he-got-fired-for-curbing-bilzerian-s-bills
It might need gone unnoticed in the course of early pandemic that Ignite employed a brand new CFO particularly as they didn’t wish to inform anyone within the US- we marvel why !!!
Ignite International Brands, Ltd. Announces Hiring of New CFO
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VAUGHAN, Ontario, May 13, 2020 (GLOBE NEWSWIRE) — Ignite International Brands, Ltd. (CSE: BILZ; OTCQX: BILZF) (“IGNITE” or the “Company”), a worldwide client packaged items manufacturers firm, is happy to announce that it has employed a brand new Chief Financial Officer, with a proposed begin date of June 8, 2020. While the Company is presently unable to reveal the identify of the brand new CFO who might be becoming a member of IGNITE, he’s a Chartered Professional Accountant with intensive expertise throughout a various group of industries in corporations starting from small and privately held to publicly traded fortune 500 organizations. Most not too long ago, the brand new CFO was the chief monetary officer at private and non-private client packaged items corporations targeted on the North American beverage market, though he additionally brings intensive data of worldwide operations, together with in Europe and Asia.
IGNITE can be asserting right this moment that its Chief Financial Officer Edoardo (Eddie) Mattei has resigned from the Company as of May 8, 2020 to pursue different alternatives. The Company wish to thank Mr. Mattei for his contributions throughout his tenure as IGNITE’s CFO.
Prior to the brand new CFO becoming a member of IGNITE, Carrie Magee, VP of Finance and Corporate Controller, will assume the day-to-day duties of the CFO. More particulars about IGNITE’s new CFO might be made out there nearer to the proposed begin date.
IGNITE is a worldwide client model, working within the premium product phase of the market. Founded by Dan Bilzerian, the Company’s ‘quality-first’ method is key to the model and its merchandise. Originally working within the hashish and hemp-derived cannabidiol (CBD) wellness house, IGNITE was in a position to set up its model consciousness. IGNITE product classes now embody a full line of CBD oil tinctures, CBD topicals, CBD pet merchandise and CBD vape units, produced by varied companions and bought by choose distributors, brick and mortar retailers, and on-line by the Company’s web site, ignite.co. The IGNITE THC product line, which was launched subsequent to the CBD product line, incorporates high quality, regionally sourced, hashish merchandise.
Since the launching of its THC and CBD merchandise, the Company has expanded into the beverage house, launching a full line of practical efficiency enhancing drinks. The IGNITE beverage line at present consists of PH-alkaline balanced water, a line of premium efficiency drinks, named Z-RO in addition to a gluten-free, seven-time distilled vodka. IGNITE drinks might be distributed nationally inside the United States and out there to buy on the IGNITE drinks web site, IgniteDrinks.co.
IGNITE is a socially accountable firm and is dedicated to utilizing its advertising and model energy as a optimistic catalyst for a wholesome life-style. The IGNITE administration staff believes that socially accountable oriented actions have a optimistic affect on the Company, its staff and its shareholders.
Shares of IGNITE are listed on the Canadian Securities Exchange (CSE) beneath the image “BILZ” and quoted within the United States on the OTCQX beneath the image “BILZF”.
Further info on IGNITE may be discovered on the Company’s web site at ignite.co
For additional info, please contact:
Linda Okay. Menzel, General Counsel