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

Venezuelan forces lay siege to Argentinian embassy in Caracas

4 hours ago

Fox News reports wokeness ruining country music industry

14 hours ago

Philippines Vice President Sara Duterte says she’s ordered assassin to kill President Ferdinand Marcos immediately if/when she is killed

17 hours ago

Random thoughts Friday, Volume CCI

1 day ago

Hungarian Nazi enthusiast named to National Security post

1 day ago

We’re gonna miss him when he’s gone

1 day ago

Hedge fund manager going to play with a lot more people’s money

1 day ago

Maine Republican declared winner of election for state seat by one vote after being arrested for choking wife in October

1 day ago

Canadian Clustertruck captain convicted

1 day ago

Top German conservative activist dies at 96

1 day ago

Guy who can’t get webcasts to work interested in buying MSNBC

1 day ago

Texas Supreme Court gets Ken Paxton out of a jam

2 days ago

Matt Gaetz says he won’t be back in Congress on January 3rd

2 days ago

Judge Merchan indefinitely postpones Trump sentencing

2 days ago

Mike Rogers not under consideration for FBI chief: Trump minion

2 days ago

MAGA Land urges children to sacrifice new toys for America First

2 days ago

Tucker says he told Johnson to “check with Putin” on Ukraine aid

2 days ago

Team Orange “blindsided” by Hegseth rape accusation

2 days ago

Convicted California pedophile faces 740 years to life in prison

2 days ago

New York man actually laser eye-memes fucking Kevin McCarthy

2 days ago

“He was doing very well but, at the same time, did not want to be a distraction for the Administration”: Trump on Gaetz withdrawal

3 days ago

Matt Gaetz pulls out before things got even more messy

3 days ago

Republicans don’t actually know how mass deportation will work

3 days ago

MAGA propagandists put on nominee defense duty

3 days ago

Barrasso comes out in support of Pete Hegseth

3 days ago

Allegation: Hegseth drugged, sexually assaulted woman

3 days ago

ICC issues arrest warrant for Netanyahu

3 days ago

Bobby Jr agreed that Trump fans are “Nazis” back in 2016

3 days ago

Florida man arrested for planning to bomb Wall Street

3 days ago

Out of control inflation: banana sells for $5 million

3 days ago

House Republicans lining up to sink Gaetz nomination

3 days ago

Not The Onion: Alex Jones sues Sandy Hook families, The Onion

3 days ago

Capitol rioter convicted of plotting to murder FBI agents

3 days ago

House Ethics fails to agree to release Gaetz investigation report

3 days ago

Elon Musk got a lot done today

4 days ago

Orange Pharaoh rages over pushback to his shitty picks

4 days ago

Laken Riley’s killer convicted

4 days ago

Bald asshole former acting AG gets NATO ambassador nod

4 days ago

Grindr user “SenatorPartySlut1776” complies with blackmail terms

4 days ago

Freeman and Moss ask judge to hold Rudy in contempt

4 days ago

Jaydee stuck trying to sell Senate GOP on Gaetz

4 days ago

Surprise! Bobby Jr bought into “plandemic” shit in 2020

4 days ago

Walmart CFO says they’re getting ready to jack up prices

4 days ago

US Embassy in Kyiv shuts down over anticipated Russian attack

4 days ago

AG-designate Gaetz helped pay $10K in tuition for two underprivileged sex workers, Committee investigation found

4 days ago

Wrestling executive to head US Education Department

4 days ago

Guy accused of battery who cheated on wife once wrote of one’s “moral responsibility” while at Ivy League. (No, the other guy)

4 days ago

SpaceX landing aborted with Donald watching

4 days ago

Senate approves RFK takeover

4 days ago

Mehmet Oz to run Medicare and Medicaid for Trump Reich

4 days ago

x
x
x
x
x
x