05/07/2026
**The Tea on Painted Tree, Part 6:**
Painted Tree immediately restricted access & deleted vendor accounts. Ensuring, that vendors could not retrieve documentation on sales, inventory, rent, or even contracts.
Now, let’s take a look at some average calculations.
- They haven’t paid the landlord in 6 months.
- Each Painted Tree location had about 400 vendors.
- The average vendor fee was $400 a month (depending on booth size).
This means:
- Total monthly fees per location: $160,000
- For 60 locations: $9,600,000
- Over 6 months, that adds up to $57,600,000.
For an estimate of 6 months of sales + Painted Tree takes 10% o sales during that time (including the holiday season), that could be around $30,000,000.
So, adding those figures together:
- $57,600,000 (unpaid fees) + $30,000,000 (sales estimate) = $87,600,000.
- Don’t forget that we all had to pay a security deposit, which is half of the first month’s rent: $4,800,000.
- Therefore, the grand total comes to $92,400,000.
**The Documentation Damages for Lala Lotus Co.:**
Booth repair before moving in, as it was not up to contract standards= $1,873.95. over 50 items that were either stolen or damaged, = $1,169.27. Additionally, unpaid sales and unused rent amounting to $1,563. In total, our damages amount to $4,606.22. This has been the biggest blow to Lala Lotus Co. we’ve ever experienceds. This figure is based on limited information I could gather before vendor profiles were deleted. estimate of actual damages are double this amount.
Vendors will not be considered as creditors, meaning they will only pay out to 1-49 vendors, likely those companies used for security, lighting, etc. They hired an attorney to file for Chapter 7 bankruptcy on March 12, 2026, over a month before they pulled the rug out from under us.
The documents state: “Only after administrative costs are paid will any funds be available to unsecured creditors,” = vendors. This essentially makes it almost impossible for vendors to recover their lost sales and other damages.
