the big scam, page-39

• Tipsly website registered in February 2017
• Deal negotiated in May 2017
• Tipsly LLC wasn’t registered until five months later on 20 October 2017 (to Tyler & Ryan O’Rear)
• Tipsly was acquired for 3m BIG shares at $0.60 plus another $2.4m in cash and scrip
• An additional 1.8 million (valued at over $3m at time of issue) BIG shares were paid to Thirty Three Affiliated Holdings, (of which Doug, Cydney, Tyler, & Ryan O’Rear are directors) in return for ‘services’. It’s not clear what this was for, nor what services were provided that weren’t already included in the Tipsly transaction.
• Until very recently there were videos on Youtube (via Brandon Evertz’ YouTube account) that showed Doug O’Rear at social events with (presumably?) the BIG CEO, suggesting a social connection
• If you look around the Tipsly site there’s certainly not much there. I have been checking for a while and I haven’t been able to find the app in either the Android or Apple store. (I don’t have an Apple or an Android device though, so if you check today and that has changed, please let me know).
• If you look at Tipsly screenshot of technology, they're just ideation templates that you can buy off the web.

Courtesy of http://www.10footinvestor.com







TO recap, BIG management appear to have a close family/friend connection with two guys who happen to start a company called "Tipsly". Literally a few months after the website was registered, they negotiated a deal for BIG to acquire them for their "technology". Only 5 months afterwards did they register for LLC. It appears the technology doesn't exist publicly anywhere and the screenshots provided are just templates that you can buy, download and modify.