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Laura PourMeADrink

Laura PourMeADrink's Journal
Laura PourMeADrink's Journal
November 15, 2023

Substantial doubt' Trump's Truth Social will survive, accountants warn


New York

Former President Donald Trump’s social media venture Truth Social is burning cash and piling up losses so rapidly that accountants warn it might not survive unless it soon completes a long-delayed merger, according to corporate filings.

Trump Media & Technology Group (TMTG), which is chaired by the former president, has lost $31.6 million since the company launched in early 2021, SEC filings released Monday show.

Truth Social launched in early 2022 as an alternative to Twitter, which is now known as X and is owned by billionaire Elon Musk. At the time, Trump had been banned from what was then Twitter for breaking the platform’s rules on promoting violence during the January 6 riot. His account has since been reinstated.
November 9, 2023

Remind me why Ivanka was not a defendant?

If she negotiated the loan deals, she seems like she's smack dab in the middle.

And if she was dropped to get info, she would just say she didn't remember ( which she did)

Ugh... CNN showing Kook parade his kids, including Ivanka, at his Kook rally.

October 31, 2023

Waiting for Trick or Treaters?

Fireball shots for adults and candy for kids.

October 13, 2023

So now they say US Intelligence knew about Hamas raid? They

knew about 9-11, they knew about trump's insurrection?

I'd say they need a better critical escalation process. Warn and let people decide.

October 13, 2023

Holy Cow. Serious as a heart attack. Trump is ill. Not

Just what we've been saying for MANY years.. but seriously ill ! Not the same old "he's crazy"

He couldn't read the cue card nor was he familiar with how to pronounce Hamas. Thou millions of people are.

Now he didn't know who is president!


October 12, 2023

I know, long time coming. But Dems should pat themselves on the back for 2020

They delved for years! Sure Pillow Guy still delving.

Dem poll workers did NOTHING wrong!

Knew we wouldn't... but still!

Belated BRAVO!

October 5, 2023

Trump drops off Forbes 400 list of wealthiest Americans


With an estimated $2.6 billion fortune, he is $300 million shy of the cutoff" for the "annual measurement that Trump has obsessed over for decades, relentlessly lying to reporters to try to vault himself higher on the list," Forbes said.

A factor in Trump falling off the list of 400 richest Americans was that the deal to merge his social media company Truth Social with a SPAC remained in limbo.

"If Trump's platform were thriving, he would probably have no trouble finding alternate financing. But it's not, and there is little reason to be optimistic about Truth Social's future," according to Forbes.

Profile Information

Gender: Female
Hometown: Ct
Home country: Us
Current location: CT.
Member since: Tue Nov 9, 2004, 08:18 PM
Number of posts: 42,436

About Laura PourMeADrink

Left of Gandhi.. Question things, especially our own party to hopefully make it #1 by a mile

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