NYT: Dominion will likely sue the My Pillow guy!

[servermsh]

Link to tweet

Breaking NYT: Officials with Dominion Voting Systems have sent Mike Lindell, the CEO of MyPillow, a legal letter warning of pending litigation over his baseless claims of widespread fraud involving their machines.

[Sogo]

1. It doesn't hurt, too, that he's got deep pockets....

[dchill]

49. Deep gussets.

[LakeArenal]

2. Please oh please shove his pillow up his court system.

[mdbl]

26. he might need a couple of pillows in court to sit his big ass on

oh wait, he's the big ass. Oh well.

[LakeArenal]

29. Plus his head, Lindsey's and Ted's heads are already up there.

[MLAA]

31. Good one!

[mdbl]

53. LOL

[ProfessorGAC]

3. Sue For $151 Million

That's a million bucks more than his crappy little company is worth.
Given the pay at the company is so rotten, nobody working there will care who owns the company.

[dsc]

30. Ok maybe I just don't get this

but just how many pillows could he be selling? Assume Five dollar profit per pillow, is he selling like a million a year?

[rdking647]

34. im sure his profit margin is well above that

they sell for 30-40 each and probably cost a couple bucks to make

[dsc]

35. yeah I saw the video linked below and was floored

they cost fifty bucks, sweet Jesus.

[ProfessorGAC]

40. I Think That's $50 For 2

Not sure, though.
But, they sell them at Bed, Bath & Beyond and they aren't $50.

[dsc]

47. guess I need to get out more

I generally pay around 15 or so at most for a pillow.

[ProfessorGAC]

51. I Have An Expensive One

Paid $90 for it. But that was 15 or 16 years ago. It's a high quality memory foam and after all that time, it's still like the day I bought it.
I know ninety bucks is a lot, but if I get 25 years out of it, I think it's ok.

[dsc]

52. true that

I buy them fairly often to be fair.

[GulfCoast66]

54. Mine are significantly more. But l like sleeping on down pillows.

[ProfessorGAC]

36. According To Moody's...

...the company value is $150 million with $141 million in revenues. Net income before taxes was around $9 million.
BTW, the estimated debt to equity is 4.8. So, a lot of revenue is consumed by interest payments. Probably $4.5-5 million a year.
They also have 1,500 employees. For a $141,000,000 revenue company. That's $94k per employee in revenues. The company from which I retired had revenue per employee of nearly $1.65 million.
Last point: If that company actually has total compensation cost of 30% of revenues (0.7% above the median for manufacturing sector), that would be $42.3 million for compensation. For 1,500 people! That's $28,200 per person!
Taking an extreme that the compensation is 40% of revenues, it still means the average total compensation is $37,600 per person!
It's a shabby little outfit, the product is junk (high line sheets are 400 count?), and the employees are poorly paid.
He's a charlatan.

[dsc]

48. well it is hardly shocking he is a charlatan

[getagrip_already]

41. they sued the crazy lawyer lady for $1B....

Why let crazy pillow guy off easier?

[ProfessorGAC]

46. I Forgot About That

But, I was thinking that it would advertise that this guy is not the business titan he pretends to be.

[Initech]

4. Do it! Let's take these bastards down!

[mr_lebowski]

5. I sure hope he doesn't lose his entire fortune and return to his crack-smoking days (nt)

[Stinky The Clown]

8. He'll start a new business "Large Obvious Crosses Worn Obviously So As To Pander"

[mr_lebowski]

11. I'm sure Kayleigh will be first in line to buy stock

[AZ8theist]

19. UGH!! First time I saw his commercials, that was the FIRST stupid thing I noticed...

Made me puke in my mouth a little.....

Then I researched him. And found out what a truly scumbag he was....

[Stinky The Clown]

23. I always notice them

Watch the Prevagen commercials. At least two of the male spokesmodels have them, worn obviously, sticking out of their shirt collars in a way to try to look casual but is clearly intentional.

For me, that display makes buying the product being hawked a real non-starter.

[AZ8theist]

25. Same here. You flaunt your christian BS, you lost me. Permanently.

[OldBaldy1701E]

39. Me too.

My eyes were so sore from rolling that day.

[dchill]

50. Not sure his crack-smoking days are actually behind him.

[central scrutinizer]

6. Stupidity has consequences

It’s not like he actually earned his money like a grocery clerk

[Mike 03]

7. Lindell has relatively deep pockets. Dominion should go for broke

Allegedly, Lindell is worth $300 Million.

It's very odd to have one's net worth listed on Wikipedia (in my experience, at least).

Occupation Founder and CEO of My Pillow
Net worth US$300 million (2018)[1]
Political party Republican

https://en.wikipedia.org/wiki/Mike_Lindell

[ProfessorGAC]

37. I Doubt It

The whole company is worth $150 million with around $124 million in debt.
Net income before taxes is around $9 million. They only incorporated in the middle of 2009.
I do not believe the net worth is $300 million.
This guy is pulling the same "fake rich guy" scamp T+@ pulled.

[getagrip_already]

43. a page out of trumps book.....

Whatever you want people to think you are worth, double it and sue anyone who says otherwise.

[ProfessorGAC]

45. Double It?

Both those guys came closer to octupling it.

[C_U_L8R]

9. Sue the stuffing out of em

[Renew Deal]

10. Can't wait to buy My Pillows from Dominion

[Generic Brad]

20. Soon it will be Their Pillows

[Escurumbele]

22. I saw a video that showed what is in those pillows and they seem to be like any other pillow

Its just stuffing, cut-outs of foam, there is nothing scientific as he claims "he invented"...

Here is the video:

[link:

|

[MLAA]

32. I would order one from dominion!

[bullimiami]

12. sue the pillows off him. how about ... 300 million.

Thats what his stupid company is supposed to be worth.

[ProfessorGAC]

38. It's Half Of That

And equity is only around $26 million.
He's a fraud from the PINO mold.

[VA_Jill]

13. He's gonna have so much stuff coming at him....

St. Sebastian will have nothing on him. Neither will Custer.

[JDC]

14. Mike lindell is going to go broke and spend the rest of his life in shame

He flies very close to the sun it seems.

[Blue Owl]

15. K&R

[Rhiannon12866]

16. Twitter reply:

Link to tweet

[MLAA]

33. Pillow case! Love it!

[Xipe Totec]

17. Sleep Well. nt

[dalton99a]

18. Do it ASAP.

[DallasNE]

21. Pockets Might Not Be Deep

He likely has MP set up as an LLC so little of his personal wealth is in personal accounts that can be attached.

[tblue37]

24. Good!

[ladym55]

27. My Pillow guy has been fomenting insurrection in his spare time

I keep thinking that being sued by Dominion should be the least of his problems. Shouldn't the feds be coming after him for his speeches about the Big Lie and taking the country back for happy white supremacists? (Inquiring minds and all that)

[world wide wally]

28. Is he crying into his pillow?

[marble falls]

42. Say buh-bye Mr My Pillow Guy! Wait till he finds out how wealthy Dominon is.

[SergeStorms]

44. Good!

That criminal asshat certainly deserves it. Knowing him, he'd want to pay any law suit off with his stupid pillows, like Nathan Arizona in the movie 'Raising Arizona'.

[Gothmog]

55. Here's the letter

Link to tweet

[colsohlibgal]

56. Bankrupt The SOB

You can go to myriad stores to buy various types of pillows.