Truth Social...

[QP!]

Like every thing else Trump touches Truth Social is about to go bankrupt.

Trump’s Truth Social has lost $73 million in less than 2 years, new filing says

Trump’s Truth Social has lost $73 million since its launch, faces potential shutdown


- Trump Media and Technology Group, Truth Social’s parent company, lost $50 million in the fiscal year ending Dec. 2022 and $23 million in the first half of 2023.

- The losses come as TMTG tries to go public via a merger with a special purpose acquisition company, or SPAC.

- An SEC filing stated that without the merger, Truth Social may not survive....

‘Substantial doubt’ Trump’s Truth Social will survive, accountants warn

 

[QP!]

One of the best parts is that Truth Social in an SEC filing has to disclose all risks to current investors and they have an entire section that could be labeled, 'Trump is an imbecile who does not know how to operate any business' and they list what they say are only SOME of his failures.

and the list goes on and on and on.

 

[NiftyNiblick]

It's going to go bankrupt before I even know what it is?

Not too impressive for either of us, I guess..

 

[Althea]

The funding through a SPAC was illegal, and that really put trump in a bind.

Shame that such a business genius always fails.

At least since daddy died.