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Truth Social - Going Broke?

TandT69 said:
Another couple of RETARDS that cant answer a simple question! Am I speaking to fast for you commies? Listen close! Why hasent Commie joe closed GITMO when that was what he ran his 2020 campaign on? All it takes is a stroke of the pen to reverse Trumps order to keep it open! You know, like Trump did to Osama Obama boi! Maybe thats too difficult for you commie fools! Lets try this one, why is it that Trump gets a ambulance in his motorcade and Commie Joe doesnt? Look it up, cheat a little. Ill wait for an answer from any of you commie fools! Just Remember NOTHING CAN STOP WHATS COMING! WWG1WGA🤣🤪😂
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I hope what's coming is an involuntary hospitalization.
 
TandT69 said:
2 more stupid communists that cat answer...NEXT! Youd think there would be one smart commie in the bunch here! 🤪😆🤪
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I just reported you for your vile PM to me. Hopefully, Lit will be contacting you shortly. @jaF0, any help from you would be greatly appreciated.
 
SmokingFap said:
I just reported you for your vile PM to me. Hopefully, Lit will be contacting you shortly. @jaF0, any help from you would be greatly appreciated.
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Vile? Its the TRUTH! Why are you so afraid of the TRUTH! Its ONLY the TRUTH ! The TRUTH NEVER CHA NGES! Unlike the commies lie after lie after lie and the lies change daily! Its not hard to figure out! And another thing, if you cant handle the TRUTH, you will NEVER be able to handle whats coming! More TRUTH Now , can you answer the 2 very simple questions Ive asked?
 
TandT69 said:
Listen close! Why hasent Commie joe closed GITMO when that was what he ran his 2020 campaign on?
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Ok, why?

TandT69 said:
All it takes is a stroke of the pen to reverse Trumps order to keep it open! You know, like Trump did to Osama Obama boi! Maybe thats too difficult for you commie fools! Lets try this one, why is it that Trump gets a ambulance in his motorcade and Commie Joe doesnt? Look it up, cheat a little. Ill wait for an answer from any of you commie fools! Just Remember NOTHING CAN STOP WHATS COMING! WWG1WGA🤣🤪😂
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Nut job is gonna nut job
 
TandT69 said:
Vile? Its the TRUTH! Why are you so afraid of the TRUTH! Its ONLY the TRUTH ! The TRUTH NEVER CHA NGES! Unlike the commies lie after lie after lie and the lies change daily! Its not hard to figure out! And another thing, if you cant handle the TRUTH, you will NEVER be able to handle whats coming! More TRUTH Now , can you answer the 2 very simple questions Ive asked?
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🚩
 
TandT69 said:
As Trump says over and over , the educated in society are now the RETARDS OF SOCIETY!
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You lost me here. Yes. Trump loves the poorly educated because they are easy to manipulate and stupid enough to pay his legal bills. Keep on keepin on. Put the meth pipe down.
 
cnuveau said:
You lost me here. Yes. Trump loves the poorly educated because they are easy to manipulate and stupid enough to pay his legal bills. Keep on keepin on. Put the meth pipe down.
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. Another RETARD that cant answer! Imagine that! Bend over and pull your hollow head out of ass, you might not be so lost! Hey play close attention to the trial next week! 🤪 Nothing Can Stop Whats coming
 
TandT69 said:
. Another RETARD that cant answer! Imagine that! Bend over and pull your hollow head out of ass, you might not be so lost! Hey play close attention to the trial next week! 🤪 Nothing Can Stop Whats coming
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Exactly. Nothing can stop the forthcoming bankruptcy of Truth Social.

The only profitable industry that Trump has ever created is abortion tourism.
 
NBC reports:

"Since the company began public trading on March 26, its share price has fallen more than 62%, from an opening price of $70.90 that day down to around $27 on Monday.

As a result, its market capitalization has been slashed by nearly $6 billion, leaving it at around $3.7 billion as of Monday."

17% as of this morning, again.
 
I doubt any of these big social media sites are worth what they claim to be valued at. In particular, we know that much of their statistics are cooked.
 
ishtat said:
Anyone thinking of investing?

First perhaps, look at the audited accounts and particularly the auditor who signed off on them.
The auditor of Truth Social which was floated as DJT is BF Borgers of Aspen Colorado.
Ben Borgers established the company in 2009; it employs 10 CPA's and 40 non qualified staff.
It audits 170 public companies mainly low caps seeking more modest fees than the Big 4 firms, each with their thousands of qualified CPA's would charge.
The PCAOB (Public Company Accounting Oversight) Board has in the past couple of years audited Borgers work with 21 of their clients. The PCAOB which reports to Congress, found that in every one of the 21 clients examined, the audit work was wrong and inadequate in both practice and principle. 100% of cases examined were flawed.
Two of Borgers accountants were banned by the PCAOB from this work in future.
Borgers himself was fined $5000 by the Colorado regulators for inept work.
Canada has banned Borgers work from any accounting or audit work there.

Yet even Borgers with their record qualified their sign off stating that the future of DJT as a going concern was doubtful.

If anyone still has confidence, can you identify a qualified analyst (A CFA) willing to assess the true value of this stock as more than $0.50 cents.

I make no recommendations at all.:)
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HisArpy said:
And?
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*chuckles* hovering around $25.00 a share now, it might come back up, but TS is bleeding money faster than they can raise money....we'll all know it's dead when Trump starts posting on twitter again....
 
Truth Social is another one of those Mastodon sites. Mastodon itself is a ripoff of GNUsocial. That in turn is a clone of Friendster, a pre-Facebook social media site.

WTF, should we just all go back to LiveJournal and MySpace? Go back, we went too far.

In the meantime, the main value of TS is that it gathers Trump voters, who seem to be above-average in intelligence and wealth. So it's a valuable advertising space, more so than say Reddit which has more users but they are all obese fedora-wearing basement Linux users and buy nothing more advanced than new video cards. They're not a valuable audience to advertise to.
 
ishtat said:
It appears that Donald Trump's Truth Social is teetering on the brink of insolvency. Subscribers and revenue have fallen through the floor and their IT providers/support are owed over 1.5 million on overdue accounts. The alternative to a 7th bankruptcy for a Trump company might be an appeal to his political supporters for funds. The only questions will be: firstly are there enough folks left silly enough to send money, and secondly, will Trump be able to arrange things so that he can cream off 80%+ of any contributions for himself.
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I'm in finance and can easily read a financial statement. The company has been insolvent since day one. Currently the companies current liabilities are double the current assets. The creditors could close it down any day, but won't because they are probably helping Trump through the 6 month waiting period. After that, he'll sell, and all the idiots that think he's a God will lose everything. Unless some wonderful friend of his injects a ton of cash into the business
 
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