Categories
Uncategorized

Trump Media and Tech Group SEC filing full of unvarnished admissions Donald is actually a terrible businessman

The best parts of the Trump Media and Tech Group’s S4 filing to go public via a merger with that scam shell company Digital World Acquisition Corporation are the frank admissions that the Donald is really bad at business and cites numerous instances of his failures and liabilities. Some lowlights:

President Trump is involved in numerous lawsuits and other matters that could damage his reputation, cause him to be distracted from the business or could force him to resign from TMTG’s board of directors. Additionally, TMTG’s business plan relies on President Trump bringing his former social media followers to its platform. In the event any of these, or other events cause his followers to lose interest in his messages, the number of users of TMTG’s platform could decline or not grow as TMTG has assumed A congressional committee is investigating President Trump’s role, if any, in violence at the United States Capitol on January 6, 2021. Two groups of U.S. Capitol Police officers, in two separate lawsuits, have sued President Trump for allegedly inciting riots on that date. U.S. Representatives Bennie Thompson and Eric Swalwell have, separately, also sued President Trump for allegedly inciting riots at the Capitol—and Rep. Swalwell has further claimed emotional distress” on page 107.

A publicly-traded entity controlled by President Trump has previously been subject to a cease and desist order issued by the Securities and Exchange Commission” on page 108 details how his Trump Hotels & Casino Resorts, Inc was hit with a cease and desist in 2002.

A number of companies that were associated with President Trump have filed for bankruptcy. There can be no assurances that TMTG will not also become bankrupt” on page 109 goes on about the “Trump Shuttle”, “Trump University”, “GoTrump.com” a travel booking site launched in 2006, cease operations in 2007… Seriously laughed out loud at that one. Read more here.

Created by potrace 1.16, written by Peter Selinger 2001-2019

Orange Conqueror posts detailed plan to fix Canada

2 hours ago

Dems 53 – GOP 41 on national generic ballot: Marist/NPR/PBS poll

3 hours ago

Team Orange wants to rename Ford’s Theater for Trump

4 hours ago

WATCH LIVE: More UNfitness for office on the international stage

21 hours ago

Republican Villager arrested in possible “glory hole” attempt

22 hours ago

Miserable old sack of shit furious CNN reporter allowed into UN

1 day ago

Josh Turek 50 – Ashley Hinson 42 in Iowa Senate race: Marist poll

1 day ago

Orange Tyrant ended FBI bribery probe into Susan Collins

1 day ago

Thumb-shaped man says Biden key to GOP’s midterm messaging

1 day ago

German leaders to shut AfD access to national defense document

1 day ago

Utah Senator John Curtis calls for probe of Don Jr’s wedding

1 day ago

Terrible person really depressed and worried

1 day ago

Fannie Man tried his “mortgage fraud” scam on Todd Blanche: WSJ

2 days ago

Orange Pharaoh hits all-time Reuters/Ipsos poll low at 32 percent

2 days ago

Turns out the White House kind of needs a press pool for audio

2 days ago

Fat Drama Queen calls media a national security threat

2 days ago

CNN booted from White House press pool

2 days ago

MAGA Land’s love of religious freedom contingent on the religion

3 days ago

Lots of shit gets blown up in Moscow

3 days ago

Tom Emmer comforted by meme he saw online

4 days ago

High school dropout accused of effing multiple congressional aides

4 days ago

President declares public antipathy to AI a hoax

4 days ago

“Not too long ago, Republicans were salivating…”

4 days ago

Tired: “Socialism” / Wired: “Communism”

5 days ago

WATCH LIVE: Angry grandpa takes afternoon nap on camera

5 days ago

Orange Fuhrer bans CNN, MS Now, and Politico from White House

5 days ago

K$H ordered FBI to stop cooperating with RCMP over CBC policy

5 days ago

If nobody’s watching then why complain?

5 days ago

Desperation for wins taken to previously unfathomed levels

5 days ago

Team Orange to build data centers on 17,600 acres of federal land

5 days ago

Regime shifting drone fleet to South America for expected ops

5 days ago

Susan Collins PAC canvasser caught porch pirating

6 days ago

New campaign ad BLASTS Trump immigration policy!

6 days ago

“The damaged MAGA brand will not appear in the disclaimers”

6 days ago

House finally passes Ratepayer Protection Act

6 days ago

WATCH LIVE: Maybe he dies in front of his racist, miserable fans

7 days ago

Remember when Trump kept losing his shit at Jerome Powell?

7 days ago

Mike Johnson calls it a wrap until mid-November

7 days ago

Quarter of Ohioans think Sherrod Brown still a senator: BGSU poll

1 week ago

Fox News reports Kirk still defunding woke universities

1 week ago

Marquette poll puts Dems up 13 percent on generic ballot

1 week ago

Fat baby conditions Kennedy Center’s existence on favorable ruling

1 week ago

WATCH LIVE: Todd auditions for White House press secretary role

1 week ago

Massie intros Hegseth impeachment articles

1 week ago

Dems 51 – GOP 43 on generic ballot: NYT/Siena poll

1 week ago

“‘The overall numbers beat the NFL,’ Trump wrote on Truth Social the next morning, long before any such numbers were available”

1 week ago

K$H in the hot seat: Live video

1 week ago

Ken Paxton lunged for US tourist’s phone after caught in London

1 week ago

Supreme Court tosses Trump mail-voting crackdown petition

1 week ago

Any man who must call himself a hoaxbuster is no hoaxbuster

1 week ago

x
x
x
x
x
x