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Bricks and Minifigs Stole a Man's $200k Lego Collection

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Re: Bricks and Minifigs Stole a Man's $200k Lego Collection

#701

Post by raffytaffy33 »

prepend wrote: post #490

How is this company, BAM Franchising Inc, valued at $400M? They aren’t publicly traded so it’s hard to find out. It seems like there’s almost no employees and they collect a franchising fee and 6% royalty on the 200+ franchises that BAM claims makes $570k average annual revenue [0]. .06 x 570k x 200 = 6,840,00 So not sure how a $400M valuation comes from $7M/year in revenue. And this is revenue, who knows what the pr…

The company are thieves. There is a 1hr 49min video regarding them. The police in Utah are corrupt and protect them. When body cam is requested, the police department redacts audio. https://youtu.be/GwhQHBIqpow?si=NkdwzdMtm-sW7ga1

https://youtu.be/CCbl2z8MWJE?si=FEtKDTzOTVWAZfvo

Re: Bricks and Minifigs Stole a Man's $200k Lego Collection

#702

Post by Macha »

sylos wrote: post #30
gkoberger wrote: post #11

I'm really confused by this blog. There seems to be a large portion of the story missing. I can't figure out the correlation between the owner losing their franchise and the rest of the story. Why did they want to steal the sets? If they're really a $400M company (whatever that means), why would they do this over (at most) $200k? I couldn't figure out what is being claimed here. I'm not saying it's not true, I just c…

The store owner was allowed to sell things on consignment.

Frankly even if the store was on breach of its consignment agreement, that seems like a case corporate would have against the prior owner (and one it would be hard to prove damages in), but not one that would give them any rights to the property of the lego collection owner.

Re: Bricks and Minifigs Stole a Man's $200k Lego Collection

#703

Post by nullfield »

quickthrowman wrote: post #600
nullfield wrote: post #584

Earlier quoted context omitted.

When this is so clearly theft, how can the police just claim “it’s a civil matter”? They seem to like that excuse, I know… but gahhh!

The police are under no obligation to provide service to specific people or businesses, only the public in general. They don’t even have to say “This is a civil matter”, they could just say “Eh, this doesn’t interest us, good luck with that.” https://en.wikipedia.org/wiki/Warren_v._District_of_Columbia

I’m late in responding, but yeah… No particular duty on the part of the police, including in the middle of someone killing you, and all (see the book “Dial 911 and Die”).

Re: Bricks and Minifigs Stole a Man's $200k Lego Collection

#704

Post by pigglywiggly42 »

prepend wrote: post #490

How is this company, BAM Franchising Inc, valued at $400M? They aren’t publicly traded so it’s hard to find out. It seems like there’s almost no employees and they collect a franchising fee and 6% royalty on the 200+ franchises that BAM claims makes $570k average annual revenue [0]. .06 x 570k x 200 = 6,840,00 So not sure how a $400M valuation comes from $7M/year in revenue. And this is revenue, who knows what the pr…

With the amount of stolen items from 'consignment deals' the $400 million valuation is probably correct. $200000 in stolen goods from 200 franchises will definitely get them to $400 million in no time. I say stop feeding the beast
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