Former president Donald Trump’s social-media company Trump Media reported a $16.4 million loss and less than $1 million of quarterly revenue, showing that the business’s financials remain tentative following a public debut earlier this year.
Donald Trump’s company, which operates Truth Social, said it earned $837,000 in quarterly revenue.
"tentative"? My God, @washingtonpost.com this is a dumpster fire grift & you know it! I am so glad I canceled my subscription. Your readers pay for better than this!
While the entire thing is a scam I would highly recommend against shorting since this is going to be a primary conduit for funneling money to Trump and you do not want to get caught in the middle of it.
This scam artist has been taking Ls for years, but keeps telling people he's a winner drowning in cash. People eat it up and toss him the bag.
ALT: prince is sitting on a couch with his eyes closed and wearing a fur vest .
$1m quarterly revenue is akin to one slightly busy McDonald's. But yeah let's value it over $4B. This is some ding dong shit.
Doesn't matter, it's just a way to funnel bribes
"Tentative" 🤣🤣🤣
Everything trump touches turns to shit. Proven time and time again.
So it shows the same pattern of failure as most other Trump business ventures. This is not news, this is olds.
You really need to cover for the guy despite the fact that he's clearly in a tailspin, don't you.
Speaking as a corporate accountant, "tentative" is not how that is described