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Bitcoin has been in a bear market for several months. Let’s talk about the bear market state of mind.

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It really does feel like we live in a simulation with respect to Bitcoin price action!

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Timestamps:
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Bitcoin News Today! 1:58
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Bitcoin Dominance! 7:50
Ethereum Price Analysis! 8:13
Solana Price Analysis! 10:04
XRP Price Analysis! 12:37
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Financial Advisor Jayson Thornton, CFP — REACTS — Aisha “Pinky” Cole, the founder of the Atlanta restaurant chain Slutty Vegan, filed for Chapter 11 bankruptcy in Georgia.

https://www.pocketwatcher.net/

Thinking About Bankruptcy? Ask JT – https://forms.gle/i3KCQGB3FMUszCT66

Episode Summary
Certified Financial Planner Jayson Thornton breaks down the surprising Chapter 11 bankruptcy filing of Pinky Cole, the founder of the $100 million brand Slutty Vegan. Despite her high-profile success and recent casting on The Real Housewives of Atlanta, Thornton reveals major red flags in her filing, including a handwritten petition and a massive monthly deficit. This episode serves as a cautionary tale on the difference between paper valuations and actual cash flow, while providing actionable advice on how to avoid similar financial pitfalls.

Timestamps
00:00 Introduction: The Slutty Vegan Bankruptcy
00:33 Who is Pinky Cole? From Viral Brand to $100M Valuation
02:31 The Clark Atlanta Graduation Gift: LLCs vs. Businesses
04:42 Chapter 11 vs. Chapter 7: Understanding the Filing
06:18 2025 Red Flags: Debts, Burn Rates, and Buying Back the Brand
09:40 The “Pro Se” Problem: Why a Handwritten Filing is a Red Flag
12:14 Filing Fee Issues and Missing Court Documentation
15:14 Running the Numbers: $14k Income vs. $41k Expenses
17:11 Expense Breakdown: Mortgages, Staff, and Personal Costs
19:53 Reality Check: Being $27,000 in the Red Every Month
20:30 Asset Analysis: Real Estate and the $73M “Paper” Valuation
22:57 Personal Property: Food Trucks, Jewelry, and Designer Shoes
25:35 The Debt Deep Dive: Mortgages, SBA Loans, and State Taxes
30:25 The 50/30/20 Rule: What Pinky Cole Should Be Making
33:10 Next Steps: The Creditor Meeting and Financial Recovery
33:45 Pocket Watcher’s 7 Money Rules for Financial Peace

FREE Consultation!
https://www.thornton-financial.com/fr…

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Financial Coaching during show is NOT personal investment advice, No CFP-Client relationship is established by watching the show or submitting a question.

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USDT BEP20 BSC Address: 0x86FC59aEC3AA9fd66d6085E3fA5f3A8131314302
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