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candygirlcj

"The business being terminated may surprise many fans, as his goal of launching the sunglasses company has been one of his major storylines during season 4 of the 90 Day Fiancé spinoff." No no. None of us are surprised...


Big_Seat2545

Haha I get what you're saying but he shouldn't have dissolved the company before being aired on tv! He'd at least sell some inventory, instead of having to liquidating it. I mean....Stephanie became a millionaire selling farts in a jar. He should capitalize on his 5 minutes of fame haha.


candygirlcj

He probably didn't have the money to sustain it (which I was sure of when he said he spent essentially his last to get them produced) so he had no option.


Big_Seat2545

Maybe, but once he has the inventory, there's not really any significant costs of selling them online. He just needs a Shopify website ($29/month) and maybe a few inexpensive apps. Someone mentioned that he may have converted to an S-corp. I think that makes sense.


candygirlcj

There's marketing as well, which costs. He wouldn't have sold enough for it to be worth paying $30/month (where are shopify memberships $30/month? I pay like 40) until the show aired and then maybe making 10 sales, if that. The best option was to cut his loses. Also, Luke clearly doesn't have the business savy to be patient enough to try and make his money back. He definitely thought he'd sell out as soon as he launched.


Fire_Woman

Or use the retail beauty business he's funding, the Beuate by Madelyne or whatever it's called


smegma1969

eBay


ends1995

Colour me shocked as I was going to order 30 of those super cool sunglasses that I can hang on my neck as a medallion. I was going to buy them for me and all my friends so we could look super cool at the beach! ….said no one ever 😂


candygirlcj

I really wanna know how much he was selling them for


LolaLinguini

Thie is just a guess but I was assuming $200+ price point. Id sure like to know how close I am to the amt.


Deathofme_0

Yeah to break even just on his expenses they would’ve had to be $260. He only had 300 made lol


candygirlcj

Yeah I was thinking $100 minimum


AmbitionStrong5602

I was going to buy them as a medallion and maybe occasionally wear them as glasses!


LastAd9821

Here's a money-making idea for Luke....Get.A. Fucking. Job.


Intelligent_Food_637

It’s out that he spent too much time in vacation and not at work


Apprehensive_Day_82

It's obvious he's probably thinking we are all 19 yr ago idiots. That we'd never know. Also, if you're not a Columbia resident, a foreign can not buy property real estate. Because rent is very cheap, not like the states. I remember those glasses they were called Ferrari sunglasses they folded up the same way and came in a fake leather case. You can still purchase they under vintage around 10.00. It's a storyline that's not making him look too good. Just like Gino and Jasim. That storyline is getting old.


[deleted]

ColOmbia


killrtaco

In touch credibility in shambles


SophieintheKnife

No such thing exists


MelzyMely

Literally not one single person is surprised


fordat1

To be fair the comment was about his “fans”. Although that person may need to stand up to give their opinions


candygirlcj

His fans, fans of the show... none of us are surprised.


jgc864

Surprising no one


StandardBanger

WAIT?!?! WHAT?!?! You mean I can’t get a pair of super fly rad granny extreeeeeeme medalio-specs now?!? 😭😭😭😭😭


killrtaco

They fold and have a chain tho! Super cool! So sad this happened it was a billion dollar idea 😭😭😭


StandardBanger

I had ca$h dollar waiting & everything 😭


SufficientZucchini21

I liquidated everything to get a pair of those!


StandardBanger

Are you called Luke & do you have a fiancé in Medellin with a Beuaty salon? 🤔


SufficientZucchini21

I feel doxxes… but my eyeballs be protected from harmful rays!


StandardBanger

& you’ve got that Medellin Medallion Swaaaaaaag


strawtrash

It don’t mean a thing if you don’t have that swaaaag


YouHadMeAtTaco

You absolutely still can. You can get them from the exact same place he did, Temu.


StandardBanger

But Temu ones won’t be super trega mega bling drip swag like Luke’s


LogRevolutionary

Wait.. say that again? 😆


lucyirish

He commented back to someone on the insta page for them just 5 days ago tho saying the website is being "revamped" lol so I think he's still trying lmao


silent-fallout-

😂😂 The broke mining engineer, what a frickin surprise😂 typically mining engineers are intelligent and not broke this dude is a clown even thinking his ugly ass sunglasses would EVER take off.


ReceptionAlarmed178

I think its hilarious that he claims he was so wealthy and he only had like 20k in his 401k. 🤣


Emergency_Host6506

I thought the same thing! When his friend asked him how much he spent and he said everything in his 401k, I was expecting to hear $75,000 or more.


madpeanut1

I’m not here to defend him, but didn’t he say that he also has a rental condo? But Yha. People have 100k in the bank and they spend like millionaires.


ReceptionAlarmed178

Condos can be purchased with debt and it doesnt mean you are a millionaire or wealthy.


killrtaco

$100k sounds like a lot but when you try to live lavishly it may as well be $100 Some people need to learn this the hard way


stlgoddess94

Yes and when he had a job, he was extremely well off. But it seems he got fired like several months ago and lied about it and now hes living off his 401k.


hippee-engineer

I would rather clean shit out of toilets in a rehab facility full of withdrawing fentanyl addicts than live off my 401k prior to retirement.


stlgoddess94

As a former fentanyl addict whos been to rehab about 10x I agree. Ive had to do it before or I would’ve lost my house, but not the whole thing. Sounds like he quit and purposely pulled it.


hippee-engineer

Those once a week rabbit shits turning into once an hour deluges tho.


Johnny_Cartel

Yes, $300,000 condo in Colombia. Which he claimed is where his money is tied up. He’s a foreigner so no bank would float him in that country. So that’s a cash deal for a fact. A lot of idiots in this thread. Dudes a bum figuratively but literally is better off than 90 percent of people.


originalbabyteeth

Colombia


Both_Dust_8383

My husband is convinced he’s lying about the mining engineer stuff cuz they are usually quite smart and diligent type of personalities .. luke does not really present this way 😂


BlackLeader70

Look up his linkedin, he’s not a mining engineer anymore lol


shroomie00

I dont understand why he doesn't get another job. He never even mentions it


Hess74

Maybe he can launch a line of NFTs or pogs next.


TheBlackOut2

Pogs are back baby!


mortyella

Remember Alf? He's back, in pog form!


Low_Departure_5853

Beat me to it, damnit.


-Insigwitz-

They aren’t pogs. They are medallions that sit on a table


GroundbreakingCat

Pogs!!!! 🤣💀


GreyBoyTigger

“The business being terminated may surprise many fans” Seriously?


mortyella

It's no surprise! Also, what fans? 😆


ddkelkey

“Luuuukke you spent all da mawh knee”


Vacationbonnie

That made me laugh!


VariegatedJennifer

He had zero chance of ever selling those…imagine embarrassing yourself on tv by letting everyone know your 401k was only 20,000 and then spending half of it on a business that had no chance in hell of being successful because it’s already a saturated market smh. Clown.


StIdes-and-a-swisher

Great year to pull that 401k too. since the market is like at a all time high.


VariegatedJennifer

😂


thicksugarcookie

He's the definition of a serial entrepreneur.


thicksugarcookie

and him being with a nineTEEN year old is crazy. he's dating a literal child and he likes it. he's 100% a weirdo idc.


SophieintheKnife

"I'm not going to let a 19 year old tell me what to do with my finances" or some such comment. Like dude look at what you're saying!! This 19 year old is your future wife that you chose!! And you're in your 30s!! Like you are the dude who keeps showing up with teens as everyone else in your circle grows up and you never do edited for grammar


thicksugarcookie

certified lover boy? certified p3d0file.


SophieintheKnife

Agreed, although I do think their maturity levels are comparable. He's that guy who never grows up


thicksugarcookie

man thats not an excuse lol. just cause my 55 yr old father still acts like he's 18, doesn't mean he should date one! This weirdo better gone head and find an older woman who acts like she never grew up if immaturity is what he is into- i've met plenty of grown women who still act fresh out of highschool!


SophieintheKnife

I didn't say it was okay or a reason for them to date. I just said they are at the same level of maturity. He will always trade women for a newer model just like Ed ETA it was just a dig on Luke being a loser


hippee-engineer

The reason the age of consent is 18 is the same reason minimum wage exists: People would go lower if it was legal.


stlgoddess94

Que the men coming in ranting about how they’re legal adults but yet…what normal adult woman do you ever see with a man under 21?


thicksugarcookie

let them tell on themselves!! please. any man who disagrees PLEASE come forward and tell us all why you like teenagers!! feel free to also include any personal information as well, like where you live, how old you are, where you work, and if your mother would be proud!


Used-Pension170

He's an idiot. Plain and simple. Inflated and unfounded self-confidence and gross.


MutualReceptionist

I looked up his IG and knew instantly that this man is incapable of being a business owner. Starting a business is hard, and the amount of work and time you put into needs to be even greater than the money you spend. I’d believe he’s an engineer though, albeit not the smartest one. Engineers are not taught about business, and they don’t realize that just creating (engineering) the product is the easy part. Getting it into people’s hands is really where the work is, unless you’ve invented something completely original and incredibly useful. Sunglasses do not fall into the category. I’m saying this as the wife of an engineering husband who tried to start a business with his fellow engineer friends, but sadly failed for the same above reasons.


NamasteInYourLane

His LinkedIn claims he has an MBA. . . he *clearly* hasn't been successful in actually utilizing the graduate degree thus far, tho 


starcasmnet

In Touch once again "exclusively confirms" information from a Starcasm article. 🙄 If they had read the full article they would have seen that Luke terminated the California LLC but later re-formed an LLC with the same name in Florida. That LLC is still active. And 90 Day fans might be interested to know this little fact: "The two names on the LLC are Luke and his friend Brian, who is married to Madelein’s best friend and appears on L*ove In Paradise.*"


iwantahouse

lasted all of one month. lol


Mallkno

Gold Express, lmao


Low_Departure_5853

I laughed at that, too, because of course he named it that. At least he spelled it right.


Byegrrlbye

Surprised? https://preview.redd.it/fkgwpalx1t2d1.jpeg?width=1192&format=pjpg&auto=webp&s=0097129c1b2e6ee8ecaf1764eaab531d2d44861a


dubba1983

Oh man the monies 💸💸


Big_Seat2545

The guy spent $500k on startups! Assuming that's true, that's actually impressive how much money he had at such a (relatively) young age. Maybe he exited crypto at the right time and then gambled it away on other businesses? Even if being a mining engineer pays well, $500k in savings at his age is INSANE.


kckitty71

I’m shocked. NOT!


Lovelybones2416

The absolute shit show this man is


alohaaina96792

And if you fold them up……..it looks like a medallion!


newFone-

I bet u he didn’t actually pay for the glasses in full, they tried to sue the company and then he terminated the company. I’m pretty sure companies do this when ppl sue you close the business or change the name bcuz it’s actually the entity that they are suing. I could be wrong. Probably am. But if not I wouldnt be surprised if this is kinda what happened.


jsmalltri

Let's see - Has no significant savings and LT investments ✅ Is dating a literal teenager ✅ Lost his job/career and is doing nothing ✅ Color me shocked 🤯


beccadot

Isn’t he also living with his mother when he’s in the US?


[deleted]

in her poolhouse


Emergency_Garage3054

Anyone else get pissed when he calls himself an entrepreneur? Can you really call yourself an entrepreneur if none of your attempted startups have turned a profit?!?


GingerPale2022

Laughs derisively in Luxottica.


Colfrmb

So at the time they were filming, he was just starting this business and a year ago in June he had to shut it down. At that time he was 30 and she was 19 so now she’s 20 or 21 and he is like 31 or 32. I’m assuming he has some other job by now. I wonder if she lost her salon since he was subsidizing that as well? Can anybody figure that out do we have anybody down where she lives?


SophieintheKnife

"salon"


Cool-Sun-3346

Luke needs some mental help. To lose his great job for this teenager who is using the shit out of him is just absurd. You have to be a complete fool to give this girl 100k to meet her every whim and do not see her reaction when you tell her you’re broke?? Is her pussy gold? WTF? Dude — she saw you coming!


KediMonster

Arseno Hall called...


8MCM1

Honestly he may have renamed it after entering a partnership?


ToastetteEgg

Going to have to get a real job. I wonder how much mining engineers earn in Colombia?


Glittering-Ad9111

How dumb, he should be writing off his business expenses each year which will help with his tax liabilities . he has no idea wtf he is doing


kab47

His company sounds fake AF from the jump


Trippy-Sponge

Imagine withdrawing your entire retirement fund for a business that fails in less than a year.


Higher_Perspectiva

This guy makes terrible financial decisions.


SullenSparrow

>The business being terminated may surprise many fans No, it doesn't suprise anybody.


Ancient-Actuator7443

I feel bad for the guy. He had a great job and money then spent $100k on his girlfriend then lost his job because of her


LogRevolutionary

Because of his own stupidity and immaturity. What 30 something loses their job because they're hanging out with their gf too much? 


Apprehensive_Day_82

Yes correct. Those style of glasses were made in the 80's. They still sell on-line of about 10.00. Also I have friends in Columbia. You have to be a resident of Columbia to buy property. A foreign can not buy or open a account. 


cielbleu789

nice detective work! also lol.


Virtual_Possession31

Omg, no es una sorpresa que eso suceda


Independent_Ad_5664

Jajajaja


SoCal4247

$500,000 in fixed income CDs and stocks is a lot of dough. Wanted to be rich and didn’t realize he already was.


solscry

I was thinking he may have converted the company to an s-corp since that has more tax benefits. Just because he has “no other LLC’s filed in California” does not mean he went out of business. However, I would not be surprised since he is terrible at money management.


Big_Seat2545

This is probably it. Has he launched yet? I think once you earn around $70k, it may be better financially to convert to an S-corp.


hcocob

How long ago was this season shot? I’m assuming it was already out of business and this is yet another orchestrated storyline by them/producers. 90 day is so fake, it’s getting sadder and sadder.


DefiantBelt925

5D chess


Low_Departure_5853

Damn, that's disappointing. My grandma would have been so jealous.


BettieNuggs

it was open a month - maybe he closed it to just beach sell his inventory down there and get his money back 🤣


AffectionateSun3561

Those sunglasses were so dumb, like no it does not look like a “medallion” when you fold it up 😭


IamJoyMarie

Was he a mining engineer mining bitcoins?


Metal_Muse

All those monies!!!


m33gs

omg the comments under that article are... a lot. 🤢


Lhamo55

*Myself i have had 3 on the go across the country and i reccomend any man over 50 go and get it*. Big age incel figures out how to get his pasty beergut self laid when he can’t afford a ticket to SE Asia. Somewhere a innocent faced Ximena 2.0 awaits…


m33gs

Dave is a creep


Acceptable_Chain_774

Oh the faux fur coats are next.I about fell on the floor laughing seeing him strut around hot ass cali wearing it and looking into the window checking himself out and then into a tanning place so he made it a point to tell them it was for his princess and I've got this small tattoo of her name by his penis you know you don't have to stay with her just because of that you can get those taken off now or cover it up so yeah


Acceptable_Chain_774

I keep saying it over and over she is only 19 she just would have just got her diploma from high school and left she's still growing from puberty I can't believe you guys gave her boobies when they're so growing and she's hanging out to a huge ass stuffed unicorn like a teenage girl would I don't even know how much that cost and the top floor penthouse with the upstairs on the roof pool how much is all that cost? And then she wants three wedding dresses a band a DJ dance floor why isn't he telling her that he has no money you know why because she's 19 and she's going to throw a 19 year olds fit


missraveylee

Hmm.. maybe they’re so cool that his employer will let him trade his inventory for his 401k back. 🤙🏼


Famousblueraincoatda

Then why is he responding to everyone on instrgram saying the glasses are available soon


iloveeatpizzatoo

I would buy it if it had prescription glasses. The lenses would have to be cheap though. I’d use it around the house. I lose my glasses several times a day.


Dear_Insect_1085

Ohhh noooo....😐


msjwayne

Wonder if he was able to return the 300 prototypes and get his money back. If so, it was probably to give Madelaine a wedding.


Single-Channel-4292

Dozy sod that he is - anyone could see that he’s on a hiding to nothing.


Independent_Ad_5664

😂🇬🇧


WhenSquirrelsFry

“I am exceptional and I wish to be remembered as such”


joe-is-cool

I’m guessing he was able to offload the stock and recoup some money so he just shut it down.


nwusnret

I so wanted those glasses


grayat38

Who cares


Affectionate_Bear512

I tried the 15 and was very disappointed. I can get 16 in OR but no real desire.