FRG - What is RILY's stake worth?

[@JohnDoe-yc6ox]

I think pet supplies plus’s recent partnership with $DASH (door dash) would go a long way in this

[@relentlessventures4951]

Nice breakdown. Where can I go to contact you about doing some comp research for my firm?

[@valuedontlie]

Thanks! Feel free to send an email to [e-mail]

[@gregflood203]

So now that time has passed. American Freight is worth $0. With Conns bankruptcy Buddy’s is probably worth $0. Badcock is worth $0. So only Vitamin and PSP. PSP is 1/4th the size of Petco so prob worth $160-360m in private markets. Vitamin revenue is down 12% so cash flow prob down 30% so prob worth $600-800m. FRG is underwater.

[@gregflood203]

So maybe FRGs assets today are worth $1-1.5B. Thus value for equity holders is $0.

[@valuedontlie]

Are you basing the "AF is worth $0" valuation using the FRG franchise document floating around? Or was there some news there? Also, PSP is a franchisor where Petco is not... very different valuation parameters. Not sure how you're triangulating Buddy's valuation either.

[@gregflood203]

@@valuedontlie Didn't bother responding but I was right. Vitamin Shoppe is worthless. PSP is the only asset of value. FRG was run by a fraudster and bought by a fraudster.

[@williamkim9494]

nice vid

[@matthowanitz9611]

Fyi American freight is still losing money, and during its peak season

[@valuedontlie]

Where did you see that they're still losing money?

[@ronaldwilliams4053]

Idk how they always sell stuff lol

[@JohnDoe-yc6ox]

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