I'm valuing the company at between $1 and $2 million, minus debt. I see REDG's portion of Powfolio being worth about $1 million, assuming it generates around $100,000 a years, as is, for REDG. Also, assuming REDG owns half the app.
I value REDG's IP to be worth $0.1 to $1 million, depending on what they actually own. I'm assuming they don't own all the IP from the GSL comics (due to Tesla being edited out of the first Markiplier comic).
Debt could wipe out most of the valuation of the company, which is another reason why I think the share price will drop after the reverse split. If REDG gets current with their SEC filing we know for sure.