General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAccountants for Trump's Truth Social Have 'Substantial Doubts' It Can Survive
The parent company of Truth Social, former President Donald Trumps media site, and the shell company with which it plans to merge, have both been put on notice by their accounting firms that it is doubtful the two companies can continue to operate.
The so-called going concern notifications were disclosed in a government filing on Nov. 13 by Digital World Acquisition Corp, the publicly traded shell company seeking to merge with Trumps company.
The proposed merger between the two has been on hold as the government has investigated whether Digital World violated securities laws.
The latest disclosure underscores an increasingly fraught outlook for those plans.
https://www.msn.com/en-us/money/companies/accountants-for-trump-s-truth-social-have-substantial-doubts-it-can-survive/ar-AA1jXMNf?ocid=msedgntp&cvid=f98b68fe95254cfdbe4a39fbb6be6d40&ei=27
Another in a long line of failed businesses. Everything the fuckin guy touches dies.
kimbutgar
(27,248 posts)He will rush gleefully back on to X into Elons opens arms. Free to continue to espouse his lies, hate and diversionary talk.
Everyday, I wish he will drop dead or have a stroke that makes him unable to communicate. I feel bad saying that but I cant help it!
Fullduplexxx
(8,626 posts)gratuitous
(82,849 posts)Every mention of his little platform should be "failing Truth Social, where President Biden has more followers than the failing owner."