When you look at the garagedays ebay completed auctions, one could easily assume buying the inventory and business for $50,000 is a decent investment. It seems like everything is selling for mad dollars.
What this Wendler guy doesn't seem to understand is the business is only valuable in that Jamie Thomas himself is selling the goods and has the knowledge of the minutia. If Jamie tells you he wore a nasty t-shirt in Welcome to Hell, that t-shirt is worth $500. If some dude no one knows says the same thing, that t-shirt is worth what a nasty used t-shirt is worth. If Wendler opens up a box from the inventory buyout and there is a Fallen trucker hat in it, he probably wouldn't be able to give it away. Jamie is the one that can weave the tale that it's the first prototype hat worn on the Tour of the Armpit of America Summer 2007 and sell it for $100.
At the end of the day, both guys are acting like major dweebs fighting over children's toys. Jamie needs to return every penny he took from Wendler with interest and wash himself clean of the dude. Wendler needs to drop the idea that he somehow bought a business over text message.