Brag House Holdings, Inc.
Analysis for Ticker: TBH
Brag House Holdings Inc operates as a media and technology platform designed to connect global brands with the Gen Z demographic through amateur college esports tournaments. Students and alumni interact in community rooms while brands like Coca-Cola and McDonalds pay for sponsorships and behavioral data. The illusion of a growing digital ecosystem hides a mathematical catastrophe where the company generated exactly 0$ in revenue in 2025 despite burning millions in operating expenses. It is a business that effectively produces nothing but new shares of stock used to enrich the people running the machine. This is a disaster because the company is borrowing money at interest rates as high as 200% and handing out free equity to its leaders while the actual bank account holds only 222.572$. The mechanism for this wealth transfer began on 28/05/2024 when the chief executive officer Lavell Malloy was handed 287.338 shares for free. By 10/2024 the company had to perform a reverse stock split to artificially prop up the share price. On 07/03/2025 they went public by selling shares at 4,00$ each to raise 5,9$ million. The moment the public cash hit the balance sheet, Malloy and the chief operating officer Daniel Leibovich raised their salaries to 250.000$ and took another 250.000$ in back pay. In 06/2025 and 07/2025 the board gave fully vested share coupons to two insiders Rene Rodriguez and DeLu Jackson, allowing them to take money from the system the second the stock price reached a single dollar.