Here is a question.
Would you like you sons and daughters raised under Trump. He has a lack of character. Never tells the truth, and only looks out for himself.
How will your offspring turn out?
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62
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Coward is the right word
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Sweaty ole Steve wrote:
Sweaty ole Steve wrote:
Speaking of massive frauds, Truth Social's accounting firm was just charged with many many counts of fraud. Hmmm.
And can anyone explain how in 2023 Trump Media had a $39 million 'interest expense'? When the merger happened, $300 million went into Truth Social and $100 million went to paying off debt. BUT the balance sheets for 2022 and 2023 did not show high debt. Was the debt hidden? And how could a $100 million debt result in $39 'interest expense'? Seems like a ridiculously high interest rate. More likely payoffs? These financial statements make no sense to me. Anyone?
$100 million OF that $300 million went into paying off Truth Social debt. Bump. Anyone?
'Trump Media' quarterly report is out for 1st quarter 2024. In just 3 months they had $98 million operating loss, only $677 thousand in revenue. And $226 million loss 'change in fair value of derivative liabilities'. Total assets $274 million, total liabilities $64. Even just looking at the operating loss and expecting that will continue, they will eat through their assets in 6 more months. And what is this 'change in fair value of derivative liabilities' loss? That sounds like they found out that somehow they owe alot more money than they thought they did. Does it mean some shadowy billionaire gave them money and is now squeezing Trump Media in a nut-vise?
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^^ Oooooh, I just googled 'derivative liability'. It represents the money owed because of lawsuits. So Truth Social's new $226 million derivative liability represents the money the company owes because of all the dodgy crap it has been doing. Hmmm I am guessing that next quarter that number will be much higher, as more people involved realize they are being scammed or screwed over.
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Sweaty ole Steve wrote:
^^ Oooooh, I just googled 'derivative liability'. It represents the money owed because of lawsuits. So Truth Social's new $226 million derivative liability represents the money the company owes because of all the dodgy crap it has been doing. Hmmm I am guessing that next quarter that number will be much higher, as more people involved realize they are being scammed or screwed over.
How the hell does a company with almost no employees or overhead lose 375 million dollars in a quarter? Their revenue is about the same as your neighborhood McDonalds! Yes! Just one restaurant.
Do you think it might have something to do with its auditor being disbanded for fraud?
ETTD should be renamed ETDC
”Everything Trump Does is a Con”
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They'll have access to the best environment possible, they'll be fine
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Tea party Trevor wrote:
Sweaty ole Steve wrote:
^^ Oooooh, I just googled 'derivative liability'. It represents the money owed because of lawsuits. So Truth Social's new $226 million derivative liability represents the money the company owes because of all the dodgy crap it has been doing. Hmmm I am guessing that next quarter that number will be much higher, as more people involved realize they are being scammed or screwed over.
How the hell does a company with almost no employees or overhead lose 375 million dollars in a quarter? Their revenue is about the same as your neighborhood McDonalds! Yes! Just one restaurant.
Do you think it might have something to do with its auditor being disbanded for fraud?
ETTD should be renamed ETDC
”Everything Trump Does is a Con”
So, $226 million liabilities for lawsuits (new in the last 3 months). And $99 million operating losses over the last 3 months! And actual revenue is piddling, from running ads for Trump coins and sneakers.
And yeah that auditor BF Borgers 'massive fraud'? No doubt more lawsuits on the way.
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bump since other Truth Social thread was deleted. See posts above.
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Sweaty ole Steve wrote:
bump since other Truth Social thread was deleted. See posts above.
I’m going to make a bold prediction. Really put my neck on the line here.
I predict that DJT will soon be facing SEC and possibly DOJ trouble. Everyone is suing one another. The company has no business plan. Its auditor was shut down for fraud. Devin Nunes is the CEO. And he is crying about suing people. The stock is trading like a parking lot for money laundering.
Here is another bold prediction. If they are halted or hit with an SEC problem, Trumpers will whine about election interference or witch hunts.
pretty bold huh?
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Tea party Trevor wrote:
Sweaty ole Steve wrote:
bump since other Truth Social thread was deleted. See posts above.
I’m going to make a bold prediction. Really put my neck on the line here.
I predict that DJT will soon be facing SEC and possibly DOJ trouble. Everyone is suing one another. The company has no business plan. Its auditor was shut down for fraud. Devin Nunes is the CEO. And he is crying about suing people. The stock is trading like a parking lot for money laundering.
Here is another bold prediction. If they are halted or hit with an SEC problem, Trumpers will whine about election interference or witch hunts.
pretty bold huh?
Bold! ) Also will there be a class action suit for retail investor/suckers?
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critic 100 wrote:
Here is a question.
Would you like you sons and daughters raised under Trump. He has a lack of character. Never tells the truth, and only looks out for himself.
How will your offspring turn out?
Trumps kids have turned out much better than Sleepy Joe's kids. There is no argument.
Hunter might be going to prison. Ashley also had a "coke" problem and is scarred for life from those showers with Pedo Peter.
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Why so much hate from this side? Don't you think calling " Joe and his Ho" is a bit much.
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critic 100 wrote:
Why so much hate from this side? Don't you think calling " Joe and his Ho" is a bit much.
hate is all they've got
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Wow! He can put his pants on by himself! I wonder if Biden could do the same...
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Just Another Hobby Jogger wrote:
Wow! He can put his pants on by himself! I wonder if Biden could do the same...
Obviously not. Wonder if he can stay walk off stage on breaks in the debate, to keep him going? unlikely he can stand for 60 min or more
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Winston, Noyankee and Our Infant in the room: Our best Russian Trolls !!
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Wanted to get his felony conviction into the Trump thread of record:
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Sweaty ole Steve wrote:
^^ Oooooh, I just googled 'derivative liability'. It represents the money owed because of lawsuits. So Truth Social's new $226 million derivative liability represents the money the company owes because of all the dodgy crap it has been doing. Hmmm I am guessing that next quarter that number will be much higher, as more people involved realize they are being scammed or screwed over.
Because nothing says Trump supporter like realizing they are being scammed or screwed over.
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slowerthanu wrote:
Wanted to get his felony conviction into the Trump thread of record:
Great picture. He has the same exact poster as he did after Putin bent him over in Helsinki
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