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Mike Lindell: My Company Lost $65 Million Because I Claimed Trump Won In 2020 (Original Post) Initech Apr 2021 OP
Good...now drop dead. Rustyeye77 Apr 2021 #1
Honestly, that's a real shame. I feel bad about that Bucky Apr 2021 #2
+10000 Demsrule86 Apr 2021 #3
He could. dickthegrouch Apr 2021 #5
No Shareholders ProfessorGAC Apr 2021 #16
Last time I saw a mouth like that EYESORE 9001 Apr 2021 #4
Rodney..Caddyshack 👍 Tribetime Apr 2021 #7
Steve-O in Jackass 2? Initech Apr 2021 #8
Actually, I heard it nearly 50 years ago when I was in the Navy EYESORE 9001 Apr 2021 #9
TS Thomas Hurt Apr 2021 #6
Here it comes ... Lovie777 Apr 2021 #10
ETTD, Mike. You were just another mark. sop Apr 2021 #11
That's a good start. TwilightZone Apr 2021 #12
he is a cry baby piece of crap traitor. Trueblue1968 Apr 2021 #13
They used to execute traitors, so he shouldn't complain. rickyhall Apr 2021 #14
Mike Lindell, you are a certified moron & you got played by the biggest con-artist ever. nt Hekate Apr 2021 #15
Open Up the Mouth, on National TV, Pay the Price...Like Trump, Couldn't Shut UP...TOO BAD... Stuart G Apr 2021 #17
good demtenjeep Apr 2021 #18
If he would just STFU it would be even better FakeNoose Apr 2021 #19
Just some businesses making decisions about what to carry. SeattleVet Apr 2021 #20
Good fuckface (n/m) BradAllison Apr 2021 #21
I'm waiting for Hoggs/LeGate to start up their pillow company FlyingPiggy Apr 2021 #22
It's like the iceberg saying "Everyone hates me cause I poked a little hole in the Titanic" Bucky Apr 2021 #23
Fuck around and find out ibegurpard Apr 2021 #24
Cool StarlightGold Apr 2021 #25
I would rather sleep with a stack of magazines under my head. Tanuki Apr 2021 #26
If you're going to have your company get political... VarryOn Apr 2021 #27

dickthegrouch

(3,169 posts)
5. He could.
Mon Apr 5, 2021, 07:45 PM
Apr 2021

If I were a shareholder, I’d use that admission in civil court to recover anything I’d lost as a result of his idiocy.

ProfessorGAC

(64,852 posts)
16. No Shareholders
Mon Apr 5, 2021, 08:16 PM
Apr 2021

It's a closely held corporation. He and a few long time financial backers own the whole shebang.
But, he didn't lose $65 million. He lost REVENUES of $65 million. Yearly!!! And, by his own admission will likely never recoup. This suggests that the lost revenue will equal total valuation of the company in around 30 months!!!
The company is only worth $26-27 million in equity with around $123 million in debt. His interest bill is nearly $5 million a year.
With a debt:equity of 4.86, he's not getting an increase to line of credit and losing over 40% of total revenue is going to kill his company.
Just like T---p, he lies about his assets & net worth. His lunacy is going to ruin his cute little junk shop company.

EYESORE 9001

(25,908 posts)
9. Actually, I heard it nearly 50 years ago when I was in the Navy
Mon Apr 5, 2021, 07:50 PM
Apr 2021

So even if Rodney Dangerfield used it before then, I didn't hear it from him. It sure AF predates Steve-O.

Stuart G

(38,414 posts)
17. Open Up the Mouth, on National TV, Pay the Price...Like Trump, Couldn't Shut UP...TOO BAD...
Mon Apr 5, 2021, 08:19 PM
Apr 2021
.... ..... ..... ....... .... ...... ..... .... ... ...

SeattleVet

(5,477 posts)
20. Just some businesses making decisions about what to carry.
Mon Apr 5, 2021, 09:39 PM
Apr 2021

Just free enterprise at work...what's his problem with that?

FlyingPiggy

(3,377 posts)
22. I'm waiting for Hoggs/LeGate to start up their pillow company
Mon Apr 5, 2021, 11:26 PM
Apr 2021

So I can replace all the pillows in my house (it’s time).

 

VarryOn

(2,343 posts)
27. If you're going to have your company get political...
Tue Apr 6, 2021, 12:28 AM
Apr 2021

You gotta be prepared to ultimately have it bite you in the ass.

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