The financial disclosure does not say anything about jail Another headline made to create drama, just for gwb to post In fact it says the risks include any event that would restrict Trump from posting , like running for elected office “TMTG’s future success will depend, to a significant extent, upon the continued presence and popularity of president Trump,” the document continues. “If president Trump were to discontinue his relationship with TMTG due to death, disability, or any other reason, or limit his involvement with TMTG due to becoming a candidate for political office, TMTG would be significantly disadvantaged.”
'There are several warnings along the same lines. In one, the company notes that Trump is the subject of numerous legal proceedings, the scope and scale of which are unprecedented for a former U.S. president and a candidate in the Republican primaries. “TMTG cannot predict what effect, if any, an adverse outcome to such matters, or even their continued existence, may have on president Trump’s personal reputation and TMTG’s business or prospects,” the document says.' So tell us -- how will Trump post on Truth Social from prison where the internet is banned?
"...The filing shows 2023 was tough, with $23 million lost against $2.3 million in sales. Even last year, when publicity around the app was at its zenith, Truth Social lost $50 million on just $1.4 million in net sales..." How the fuck do you lose that much money on an app? What are they spending it on?
Seeing that the company only had four IT guys at most -- I am assuming the bulk of the money was spent on "consulting fees" which was slipped back into the pockets of Trump's buddies, company executives, and Trump family members. Basically a fraud.
Donny will be hiding burner phones up his prison wallet? If so I hope he gets a phone charger with a UK power plug.
Truth Social does not like respected mainstream media outlets reporting the truth & facts about its finances. Truth Social threatens legal action against media outlets over coverage of its finances https://www.ktbs.com/news/national_...cle_11db82f6-73e6-5827-ade1-351c0b03973d.html
Kimmel Fires Back After Trump’s Truth Social Demands Apology Kimmel corrected himself by declaring that “Truth Social isn’t a colossal failure, it’s only an abysmal failure.” https://www.thedailybeast.com/kimme...TH OR FICTION?,it's only an abysmal failure.” Between his four indictments, 91 felony charges, and current $250 million civil fraud case in New York—all while attempting to battle his way back to the White House—Donald Trump is a very busy man. But apparently not so busy that he isn’t listening to what the late-night TV hosts have to say about him. And a seemingly innocuous comment from Jimmy Kimmel Live! seems to have the former president seeing red. On Thursday, Kimmel shared that he had woken up to a letter from Trump Media and Technology Group—the company behind Truth Social—demanding the host retract a statement he had made on Tuesday about just how much money the former president’s social media platform has allegedly lost since launching. Claiming that the show “knowingly or recklessly” misstated information about Truth Social’s financial health, the letter demanded that ABC “completely retract all versions of the segment” and “publish a mutually agreeable apology… acknowledging that the segment was false and has been retracted… Unless these steps are taken immediately, TMTG will take swift legal action to uphold its rights and reputation.” “Here’s the thing,” Kimmel explained. “This is a nightly comedy show. We do make every effort to present accurate information. We’re pretty rigorous when it comes to fact-checking.” Kimmel assured the audience that on the day they aired the segment in question, multiple reliable sources were reporting that Truth Social had lost $73 million. But in going back and rechecking the numbers in their story, and checking TMTG’s filing with the SEC, it turns out that the company “only” lost $31.6 million. “In other words,” said Kimmel “[and] in fairness, Truth Social isn’t a colossal failure, it’s only an abysmal failure. And I would like to do the right thing and congratulate our balloon animal former president and his company on only losing $31.6 million.” The irony of the circumstances in which Trump currently finds himself in, while requesting this correction, is certainly not lost on Kimmel. “I have to say: Demanding a retraction for reporting the value of his company incorrectly is pretty darn hilarious considering the fact he is on trial right now for reporting the value of his company incorrectly… Doesn’t this guy have bigger things to worry about?”