It appears that the “Wolf of Wall Street,” Jordan Belfort, has returned to the world of penny stocks. It was announced this morning by GameSquare Esports (CSE: GSQ), that Belfort would be joining the advisory board of the esports-focused firm.
The intention behind the appointment appears to be the attempt to bring attention to the firm. The company has indicated that Belfort will use his ” expansive social reach and extensive business network to enhance awareness,” of the company as a whole. In short, the appointment is effectively part of an influencer campaign being undertaken by the company.
Commenting on the appointment, GameSquare CEO Justin Kenna referred to Belfort as someone who “challenged the status quo,” and whom has “recognized opportunities that others have overlooked.”
The influencer campaign us reportedly already underway, with Belfort featuring Kenna on his podcast. No details were provided however on the total cost of utilizing Belfort as an influencer for the firm.
GameSquare Esports last traded at $0.40 on the CSE.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.