Recent discussions surrounding the financial health of RILY Group ($RILY) have raised significant concerns among investors. Analysts have pointed to troubling signs, including the inability of the company to secure signatures on its financials, which has been described as indicative of deeper issues within the organization. Critics have labeled RILY as a 'massive fraud,' citing discrepancies in cash counting and a lack of clarity regarding earnings updates. Additionally, the Franchise Group, associated with RILY, has been valued at zero, further compounding worries about the company's viability. The situation has led to speculation about the potential consequences for those involved, with references to felony counts against co-conspirators linked to RILY. Overall, the sentiment among some investors suggests a bleak outlook for the company, with calls for accountability and transparency in its operations.
The $RILY co-conspirators keep racking up felony counts. It won't end well for them. https://t.co/QaXmjzQNdt
Why $RILY is a massive Fraud is that there is zero issue with Q2 or Q3 for Franchise Group is valued ZERO along with the rest of the garbage they are still in.. They cant even count cash properly and where is the update earnings call?
Marc, you’ve been ahead of the curve on $RILY from the start. It’s no surprise that their financials are now too toxic for anyone to sign. When a company can’t even get someone to sign their financials, it’s a clear sign of deep rot, the fraud practically writes itself. Unreal. https://t.co/324iOG8Qli