Trump-Linked Firm Changes Its Address to UPS Store
Originally posted by Adam_PoE
Donald Trump's Truth Social website is facing financial challenges as its traffic remains puny and the company that is scheduled to acquire it expresses fear that his legal troubles could lead to a decline in his popularity.The company has seen its stock price plunge nearly 75 percent since its March peak and reported in a filing last week that it had lost $6.5 million in the first half of the year.
In the days since the FBI search of Mar-a-Lago, Truth Social's viewership has slowed, according to traffic estimates from Similarweb, an online analytics firm. Its U.S. audience has tumbled to about 300,000 views a day, down from nearly 1.5 million on the day of its launch.
Yesterday, Fox Business reported that Truth Social has not paid its hosting service in months and now owes them at least $1.6 million.
Digital World Acquisition Corp., the blank-check company looking to take Trump Media and Technology Group public, has changed its listed address to a UPS Store in Miami. The change from a Miami office building to a UPS address came with DWAC's regulatory filing on Friday disclosing that some investors pulled out tens of millions of dollars.
The company said it had lost $138.5 million in financing from private investors in public equity, also known as PIPE, to fund Trump Media after the merger. The contractual obligation for those investors to contribute to Donald Trump's media company after the deal had expired last Tuesday, allowing them to pull their funding.
Re: Trump-Linked Firm Changes Its Address to UPS Store
Originally posted by Adam_PoE
Digital World Acquisition Corp., the blank-check company looking to take Trump Media and Technology Group public, has changed its listed address to a UPS Store in Miami. The change from a Miami office building to a UPS address came with DWAC's regulatory filing on Friday disclosing that some investors pulled out tens of millions of dollars.The company said it had lost $138.5 million in financing from private investors in public equity, also known as PIPE, to fund Trump Media after the merger. The contractual obligation for those investors to contribute to Donald Trump's media company after the deal had expired last Tuesday, allowing them to pull their funding.
Seems doing business with Trump and Trump's name is becoming less and less lucrative. Good. Good.
Originally posted by Robtard
I am Jack's complete lack of surprise
You're right, that was beneath me. Even if Adam Poe never ever gives citations for all his shit, I am not Adam Poe. I operate to a higher standard. Because unlike Adam Poe, I actually have them.
Here you go:
https://time.com/4780593/president-trump-russia-declassified/
Just in case you aren't registered.
Originally posted by cdtm
You're right, that was beneath me. Even if Adam Poe never ever gives citations for all his shit, I am not Adam Poe. I operate to a higher standard. Because unlike Adam Poe, I actually have them.Here you go:
https://time.com/4780593/president-trump-russia-declassified/
Since you responded not like a complete jackass for once, you'll get a non jackass reply 👆
Naftali gave an opinion there, he could be right, he could be wrong, but in regards to Trump sharing Israeli national secrets with Russian diplomats back in 2017, he was probably correct when he said "legal, but not a good idea".
It's also apples to oranges comparison to the documents seized at Mar-a-lago, as some things cannot be declassified even by the POTUS (eg nuclear secrets) and there's steps that are needed in order for a POTUS to declassify something. It's not just "I thought about it in private, told no one and it was done", steps are taken and records are kept of what's been declassified.
There's also the fact that Trump lied twice about having said documents in Jan and again in June. Trump and Trumpers have also claimed that the documents where "planted" by the FBI at Mar-a-lago and
So which is it, were they there because Trump declassified them in secret with his mind, or were they planted?
Trump subject to multiple investigations outside of DOJ documents probe
The Justice Department’s investigation into whether former President Donald Trump illegally held on to secret materials after leaving office is developing slowly, with a judge this week granting Trump’s request for an outside expert to review documents seized.
And while it might be the most high-profile investigation into the former president’s alleged wrongdoings, there are multiple other probes into the Republican that are drawing less notice – but still carry significant risks for Trump and his onetime aides. -snip
🙂