[Music] [Applause] [Music] ex pelan CEO John Foley has opened up about how he sold almost everything in his life following the crash of the Fitness Company peltin boomed during the co9 pandemic when the company was estimated to be worth $50 million following the ease of lockdown measures the company crashed and a recent valuation reported the company to be worth $1.5 million according to the New York Post that he told the New York Post oh I'm an open book you know at one point I had a lot of money on paper not actually in the bank unfortunately I've lost all my money I've had to sell almost everything in my life John also explained that in 2021 peltin was a plot point in the Sex and the City reboot and just like that in the show Mr Bigs suffers a heart attack while riding a peltin bike we were coming out of Co the stock was getting crushed there was a leaker who told the Press about pending layoffs and then the Mr Big Thing Happened it was brutal we really did think we were doing something special for the world we really did care about our members we cared about our shareholders and we cared about our employees and all of a sudden we were just being trolled everything was collapsing he said talking about how his wife and kids adjusted to the shift in lifestyle he said my family took it well my wife's super supportive my kids are probably better for it if we're keeping it real since leaving the company Jon has ventured into interior design launching his new company ernesta of the new Venture he said I'm working hard so that I can try to make money again jokingly adding because I don't have much left so I'm hungry and humble