Im waiting for someone more knowledgeable to weigh in but this is looking more and more legit now that retweets from people I’ve come to trust.

I remember when the Red Lobster BK happened and Rogan had a guest explaining how that works when a hostile takeover wants to sell you off for parts destroying the company. In this case, a private equity firm, Golden Gate Capital, bought it in 2014 for $2.1 billion. To fund the purchase, they sold the land under 500 Red Lobster restaurants for $1.5 billion to another company, then leased it back to Red Lobster. This meant Red Lobster, which used to own its properties, now had to pay high rent with annual increases. The cash from the sale went to the firm, not the restaurants, leaving Red Lobster struggling with debt and rent costs it couldn’t afford, eventually leading to bankruptcy.