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Bernardo de La Paz

(60,320 posts)
14. It's sitting on a $300 million pile of cash, about 1.40 per share; doing nothing with it
Sun Sep 8, 2024, 05:42 AM
Sep 2024

No spending on marketing or advertising.
No spending on R&D (developing / deploying software)
No revenue.

Practically speaking, it seems like some "investors" buy a worthless stock at inflated prices and tRump considers himself paid. I'd hate to think this involves Top Secret documents.

There has been a lot of talk from tRump Media Group about an upcoming streaming service, but not much activity about it in the quarterly spreadsheets.

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