Trump Media Files DISASTROUS Report with SEC

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  • čas přidán 20. 05. 2024
  • MeidasTouch host Ben Meiselas reports on the latest filing by Donald Trump’s company Trump media which was a total financial disaster.
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Komentáře • 3,2K

  • @scotty9776
    @scotty9776 Před 24 dny +1205

    700K in revenue - 320M in expenses = Fraud

    • @louneissen1603
      @louneissen1603 Před 24 dny +131

      Art of the Steal.

    • @HowievYT
      @HowievYT Před 24 dny +21

      succinct. thx

    • @lindawade4ok639
      @lindawade4ok639 Před 24 dny +92

      Absolutely I would be interested in where the cash is coming from for them to fund losses like that

    • @sharynkoren2054
      @sharynkoren2054 Před 24 dny +72

      Check Trumps deposits. I bet he paid himself first!
      It is his way if doing things. Get my money to hell with anyone else. Me First!

    • @markwilliamson4006
      @markwilliamson4006 Před 24 dny +42

      Maybe you should teach math to the SEC. Nearly everyone other than them seems to understand this.

  • @fretish5425
    @fretish5425 Před 24 dny +860

    The commissioner of the SEC should resign in shame for allowing Truth Social to be listed as a public company. She saw the financials. She knew it was not a going concern. It was financial malpractice and a failure of her fiduciary responsibility to investors to allow this toxic pile of crap onto the market.

    • @pjackson2064
      @pjackson2064 Před 24 dny +83

      I wished I could give you a thousand likes for that!

    • @soloro7112
      @soloro7112 Před 24 dny +44

      Right

    • @birdsndog5819
      @birdsndog5819 Před 24 dny +45

      I wondered about that.

    • @langdons2848
      @langdons2848 Před 24 dny +5

      Perhaps she let it through to punish the greedy awful MAGATs. It does seem poetic.

    • @user-hj4nq8hp9q
      @user-hj4nq8hp9q Před 24 dny +52

      Which financials did she look at.... maybe those were fraudulent...

  • @user-mf7nb6fg1b
    @user-mf7nb6fg1b Před 23 dny +71

    the SEC should be investigated for allowing this fraudulent non-company to be listed !! ! Someone's gotta be on the take

  • @stuartatkins5425
    @stuartatkins5425 Před 21 dnem +38

    Isn't America great where a company can lose $327 million but the owner can make billions in profit? What a country!

    • @pierregravel-primeau702
      @pierregravel-primeau702 Před 21 dnem

      I call it start up econony. Some other call it griftonomic. It is the art to exite very wealthy dumbass or some Sheikh to make them value your start up at an eye waterring price to sell it of to VC or retail investor, meanwhile the compagnyreal worth is less than a fraction of the valuation : Uber, Tesla, Facebook, Nicolas Motor, WeWork, Jucero, Theranos... There are hundreds and hundreds of these things...

    • @thefpvlife7785
      @thefpvlife7785 Před 19 dny

      Geared for the rich to stay rich while the middle class attack each other over lying politicians

  • @stevenpike7857
    @stevenpike7857 Před 24 dny +1157

    All this financial fraud, and no one is in jail.

    • @richardowens9061
      @richardowens9061 Před 24 dny +61

      In a capitalist society you cannot expect financial fraud to be a high priority - whenever the perpetrators are wealthy and powerful.

    • @dawnstanley1733
      @dawnstanley1733 Před 24 dny +52

      I know right! Anyone else would be in prison already.

    • @hypsyzygy506
      @hypsyzygy506 Před 24 dny +43

      Because these people are all 'good old boys' ?

    • @SirStanleytheStumbler
      @SirStanleytheStumbler Před 24 dny +20

      Most investigations don't start before something like this comes out.

    • @pjbrown4736
      @pjbrown4736 Před 24 dny +27

      The end product of full blown capitalism.

  • @simmybear31
    @simmybear31 Před 24 dny +405

    I’m sorry but any fool who invested in Trump deserves to lose every cent! 😮

    • @LS-im5ki
      @LS-im5ki Před 24 dny +7

      Absolutly

    • @billhuddleston6791
      @billhuddleston6791 Před 24 dny +11

      Don't be sorry.

    • @richardh8082
      @richardh8082 Před 24 dny +6

      @@billhuddleston6791 Trump will make money anyway unless he is stopped. Makes me sick

    • @lynnallen1242
      @lynnallen1242 Před 24 dny +14

      I have friends who lost a huge amount of money years ago in a Trump backed phone called "ACN"...they bought into it with thier life savings...this was way before he ran for president the first time...they still voted for him🤦‍♀️🤦‍♀️🤦‍♀️

    • @louisecardinal
      @louisecardinal Před 24 dny +2

      💯 💯 💯

  • @nnsnumbersandnotesunlimite7368

    The dude is running his business the same way he ran the country. A spending spree with the people's money !

  • @maryboard3733
    @maryboard3733 Před 24 dny +74

    Do those people ever take responsibility for anything. VOTE BLUE

  • @robertpryor9324
    @robertpryor9324 Před 24 dny +425

    How Do You lose 327 million and only bring in 700,000? FRAUD

    • @perjensen3047
      @perjensen3047 Před 24 dny +34

      You make sure to have Russian, Saudi and Chinese “sponsors” so, not to worry.

    • @gwine9087
      @gwine9087 Před 24 dny +13

      Not is not difficult. What one needs to know is why people accepted their valuation.

    • @phampton16
      @phampton16 Před 24 dny +8

      Totally agree 💯🇺🇸💙

    • @5m0k3y9
      @5m0k3y9 Před 24 dny

      So do they have hundreds of millions in the bank to pay for whatever it is they pay for? The people in charge that are being paid way too much for running such a loser company would've been fired long ago... The 320 probably went in Donnie's pocket.

    • @SharifSalukis
      @SharifSalukis Před 24 dny

      How does one human being survive year to year when his company and personal expenses.On average, Lose four plus times, the total revenue, or income year after year. Where is his secret funding coming from? He has to have a sugar daddy,or sugar daddies. Perhaps, tRump is one of the larger money launderers?

  • @SpaceForceCommander
    @SpaceForceCommander Před 24 dny +427

    Nice to see that Trump hasn’t lost his business touch! 🚽

  • @chrisanderson7820
    @chrisanderson7820 Před 24 dny +44

    There is no way you make a $327mil loss on that sort of company with only $700k revenue, someone's cooking books and I would be amazed if we don't see an Enron level fraud case some time in the near future.

    • @franc9111
      @franc9111 Před 24 dny +2

      But weaselberg has been doing this for years - nobody noticed.

    • @WilliamMacKenzie-dq6bf
      @WilliamMacKenzie-dq6bf Před 23 dny

      ​@@franc9111
      Letitia James did.....and the Orange Mussolini has had a $364 Million judgement imposed on him....
      Another $100 Million or so for E Jeanne Carroll...
      Then $111,000 daily compound interest running continuously until fully paid...
      Interest ALONE racks up $3.4 Million per month!

    • @bend8353
      @bend8353 Před 21 dnem

      More like Tesla/ Elon fraud. And the government will not do a thing.

    • @pierregravel-primeau702
      @pierregravel-primeau702 Před 21 dnem

      @@franc9111 It is a nice rural city that have nothing to do with venture capitalism. Plus why do you hate people that exploit a badly made system and not the politicians that made the grift possible? Personnally I hate way more the Reaganomic that mean DEREGULATION OF BANKS AND FINANCE and Mitch McConnel who spend 50 years in the senate making these frauds legal.

  • @dmitryshusterman9494
    @dmitryshusterman9494 Před 24 dny +16

    What did they spend 328 mil on? I think its called stealing from investors

    • @rajeshkanungo6627
      @rajeshkanungo6627 Před 21 dnem

      That is one part of the scam. Who is siphoning off the money.

    • @pierregravel-primeau702
      @pierregravel-primeau702 Před 21 dnem

      The fun part is that the 328 millions is about the same amount of money that was invested in the special purpose acquisition company to make the grift possible. I am pretty sure the financial statement is public so you can see where the spending go. My uninformed guess is consulting and wages...

  • @CandiceMichelle4
    @CandiceMichelle4 Před 24 dny +346

    😹😹Don the cons cult STILL thinks he’s a successful businessman. What a joke!!!

    • @linnetcooke5967
      @linnetcooke5967 Před 24 dny +17

      They also believe he speaks the "troof"

    • @bobbii
      @bobbii Před 24 dny +15

      Yeah, they're pretty lacking in the intelligence dept

    • @powell4661
      @powell4661 Před 24 dny +6

      But yet, he gets to live like one

    • @johannebeerbaum1546
      @johannebeerbaum1546 Před 24 dny

      They will find in a very few months that they have lost ALL TO FRAUD……

    • @HappyValleyDreamin
      @HappyValleyDreamin Před 24 dny

      They've been brainwashed stupid!

  • @dcVT944
    @dcVT944 Před 24 dny +219

    Clearly a money laundering scam.

  • @thomasperkins7318
    @thomasperkins7318 Před 24 dny +56

    Everything he touches turns to bull****.😠

    • @phylis3917
      @phylis3917 Před 22 dny

      That virus. The man is ending life end and must be careful with his health

    • @racheltaylor185
      @racheltaylor185 Před 21 dnem

      Mold not Gold!

  • @bitbugsbyte
    @bitbugsbyte Před 24 dny +11

    How can you spend $300+ million in 3 months? It is not like the SEC is not going to investigate this, but even if they don't, the rest of us will! Is this foreign dark money?

  • @gwen3010
    @gwen3010 Před 24 dny +417

    Not surprised are you????
    VOTE BLUE Biden/Harris 2024!!!! 💙💙💙💙

    • @phampton16
      @phampton16 Před 24 dny +7

      Absolutely agree 💯🇺🇸💙

    • @ellenwilson5598
      @ellenwilson5598 Před 24 dny +5

      I agree too 💯🇺🇸💙💙

    • @commonsense571
      @commonsense571 Před 24 dny +4

      No!
      And YES!! 💙🗽💙🗽🇺🇸

    • @libricepierre1342
      @libricepierre1342 Před 24 dny

      Yesssssssssssss Democrat winning for 24 years straight anti republicans get a great reform with better people’s with a good ld for America 🇺🇸 family life

    • @keithfelt6949
      @keithfelt6949 Před 24 dny +3

      Absurdity agree, but.. is this some back door tax break? Or the next chapter 13 trump company?

  • @dennisp1111
    @dennisp1111 Před 24 dny +229

    He is Broke and Desperate and yet still pretending he have Billions.

    • @ericlipps9459
      @ericlipps9459 Před 24 dny +12

      Wile E. Coyote . . . just before he looks down.

    • @brendawarner5415
      @brendawarner5415 Před 24 dny

      Isnt all that action to rip off investors? More crime. A firehose of crime,way too much crime for the justice system to be able to respond to. That is Putin,and Steve Bannons strategy.

    • @muskyoxes
      @muskyoxes Před 24 dny

      He does have billions. Millions of people got in line and freely and gladly handed him all their money

    • @dennisp1111
      @dennisp1111 Před 24 dny

      @@muskyoxes he is broke just like his followers.

    • @WilliamMacKenzie-dq6bf
      @WilliamMacKenzie-dq6bf Před 23 dny

      ​@@muskyoxes
      Really....???
      Last I saw they were leaving his New Jersey fascist circus in their droves...
      Meanwhile he's telling anyone gullible enough to listen, that there were 100K people in a venue with capacity for 20K!;
      That was living proof that verbal diahorrea overload DOES exist!! 😂

  • @justicemeter347
    @justicemeter347 Před 24 dny +16

    NOT a Stable Genius OR a brilliant Businessman. Simply The Biggest Loser. Let’s hope the Losing Streak continues - In Court and in the 2024 Election.

  • @bigbirddottv
    @bigbirddottv Před 24 dny +23

    How did the SEC allow this SPAC to go forward in the first place. The company does not match the proffer in any way!

  • @Andrew-zz7df
    @Andrew-zz7df Před 24 dny +818

    tRUMP FOR PRiSON 2024💙💙💙💙

    • @garfieldsplace7540
      @garfieldsplace7540 Před 24 dny +6

      unfortunately he will not go to prison , he will weasel out of that predicament

    • @HoneyDems
      @HoneyDems Před 24 dny +25

      Von shitz in pants was attacked by flies at his rally

    • @judybritt6288
      @judybritt6288 Před 24 dny

      ​@@garfieldsplace7540 Trump knows he won't have to pay for this.
      But, as usual, Trump's investors will pay.
      Trump's m.o. is to draw out all money he can, then leave his investors holding the empty bag.

    • @williamcaton8432
      @williamcaton8432 Před 24 dny

      @@garfieldsplace7540He May end up in the White House since so many younger Americans hate Biden’s treatment of the Palestinians. They feel the need to punish Biden. 🤦🏻‍♂️

    • @ramonagomez1014
      @ramonagomez1014 Před 24 dny +5

      😂😂😂😂😂😂👏👏👏👏

  • @carefulkeeper
    @carefulkeeper Před 24 dny +407

    What happened to the shady bond for Trump to appeal his NY trial? When can Ms. James start seizing his properties?

    • @deborahwade2641
      @deborahwade2641 Před 24 dny +63

      That's what I want to know.

    • @linnetcooke5967
      @linnetcooke5967 Před 24 dny

      Is it on hold pending trump's standard appeal tactic?​@@deborahwade2641

    • @birdsndog5819
      @birdsndog5819 Před 24 dny +55

      Exactly. Clock is ticking. E Jean Carroll isn’t young anymore.

    • @billytheweasel
      @billytheweasel Před 24 dny +50

      Thank you for keeping that alive!

    • @misabbydu
      @misabbydu Před 24 dny +40

      That disapperd
      Like every other crime he soes.

  • @cecileroy557
    @cecileroy557 Před 24 dny +11

    Mind boggling - such a huge loss in THREE MONTHS!! 😮

  • @jdl13b
    @jdl13b Před 24 dny +26

    $700,000 gain; $327 million losses. Yep, they're geniuses all right.🤨

  • @camcornish2634
    @camcornish2634 Před 24 dny +166

    $327 MILLION LOSS ! ! Sounds like a typical trumpian business.

    • @abcdef296
      @abcdef296 Před 24 dny +13

      Vlad Putin might not be able to bail him out this time around.
      Vlad is busy losing a war of attrition.

    • @zzanatos2001
      @zzanatos2001 Před 24 dny +20

      No worries. Now Trump will write off the $327 million loss - twice.

    • @djsmithe
      @djsmithe Před 24 dny +8

      If this continues, DJT will lose 1.3 billion dollars in a year.
      Do you think it's time to buy or sell?

    • @colinsacks8200
      @colinsacks8200 Před 24 dny

      @@zzanatos2001 Yep. Twice.

    • @WilliamMacKenzie-dq6bf
      @WilliamMacKenzie-dq6bf Před 23 dny

      And that's only in the first quarter....
      Take that x4 for the year!!

  • @god1971b
    @god1971b Před 24 dny +150

    As A UK citizen, calling the Financial Times a leftist paper..... is the same as calling Fox a beacon of honesty lol

    • @BillClarke-cn5lf
      @BillClarke-cn5lf Před 24 dny

      Trump’s cult is too stupid and vulgar to care about anything except what Trump says.

    • @KrisBrahman-cu6bq
      @KrisBrahman-cu6bq Před 24 dny +2

      "faux" would be accurate

  • @BWBDCan
    @BWBDCan Před 24 dny +15

    Who wants to see him put in the worst prison in America?
    What prison would that be? Im Canadian so dont know Americas.

    • @stephannfrizzell7551
      @stephannfrizzell7551 Před 24 dny

      Most of them are shit holes so doesn't really matter ?

    • @jacobisbell9388
      @jacobisbell9388 Před 23 dny +3

      That's hard to say, we have so many for profit prisons that are all terrible you can't really find a true worst.

    • @BWBDCan
      @BWBDCan Před 23 dny +1

      @jacobisbell9388 for profit? As in the government, is paying a private company to watch them? If so, we don't have that in Canada.

    • @andrewk7745
      @andrewk7745 Před 21 dnem +1

      Alcatraz

  • @panagea2007
    @panagea2007 Před 24 dny +11

    How could Trump spend $30M on "Research and Development"? It's not like he builds anything but a rap sheet.

  • @lauryd.coultas9144
    @lauryd.coultas9144 Před 24 dny +527

    Never let your money near Donald Trump. Period.

    • @M.J.212
      @M.J.212 Před 24 dny +24

      Or any woman you love and respect 🙀

    • @charlessarver1637
      @charlessarver1637 Před 24 dny +13

      Tell that to his thee toed followers😆🥁😆

    • @emilala9049
      @emilala9049 Před 24 dny +13

      I don't know how he kept getting loans all these years. Even loans he paid in full were nearly always paid late. If you or I did that, it would be at least seven years before we could possibly get another loan and depending on what the issues were (e.g. bankruptcy) it could be even longer.

    • @michaelzwane7487
      @michaelzwane7487 Před 24 dny +10

      Let alone the Country.

    • @SAnn1747
      @SAnn1747 Před 24 dny +12

      Never do work for him either, or you won’t get paid.

  • @Chris-pp3hu
    @Chris-pp3hu Před 24 dny +145

    I wouldn't trust Trump with a bag of air.

    • @amandawoods8323
      @amandawoods8323 Před 24 dny +6

      Lol

    • @eequalswtf6281
      @eequalswtf6281 Před 24 dny +10

      Bad news, he owns 2 bags of hot air already.

    • @billwhicker3511
      @billwhicker3511 Před 24 dny +6

      he claims it's a bag of air, but it's really a bag of stale old fartwind.

    • @tedthoman6580
      @tedthoman6580 Před 24 dny

      Donald is such a totally TOXIC gasbag, that he could be a candidate for
      a haz-mat SuperFund clean-up grant.

    • @usmc187
      @usmc187 Před 24 dny +2

      😂👍🏼

  • @jimboron7522
    @jimboron7522 Před 24 dny +7

    Money laundering, just like the Casino

    • @xantiom
      @xantiom Před 22 dny

      He even bankrupted an impossible-to-bankrupt business such a casino.
      He isn't even laundering money, he is truly a anti-midas turning anything he touches into crap.
      A true money laundrer would keep the casino working forever, a casino is a industrial level wholesale laundromat lol

  • @erikrezlman7900
    @erikrezlman7900 Před 24 dny +9

    Ben,
    There has to be embezzling monies out of the company! There’s no way they actually spent that amount of money. Pure and in our faces embezzling going on!!

  • @Civileyez
    @Civileyez Před 24 dny +607

    Lock trump up in jail so we can see how tough he ISN'T. Patriots vote blue!

    • @user-zs2di4kv9x
      @user-zs2di4kv9x Před 24 dny +26

      Now he's nothing but a little chicken

    • @laffytaffy2916
      @laffytaffy2916 Před 24 dny +37

      What a GREAT business man err CONMAN🤭💙💙💙

    • @Blades307
      @Blades307 Před 24 dny +8

      The US people would make money. Not lose it!

    • @birdsndog5819
      @birdsndog5819 Před 24 dny +5

      Donald will never in his life be exposed to real corrections conditions.

    • @durece100
      @durece100 Před 24 dny

      Vote blue and donate funds to democrats to help biden for his campaign before election day.

  • @por1821
    @por1821 Před 24 dny +178

    Sounds like a scam... who got the 327 million?

    • @langdons2848
      @langdons2848 Před 24 dny +23

      I was wondering the same thing. That's a VAST loss. Makes me think it's offsetting profits elsewhere or something. Given that it's Trump it's entirely plausible.

    • @Nitroking-mh7yt
      @Nitroking-mh7yt Před 24 dny

      Laundering money, probably for Putin or the Russian mob

    • @budmeasap
      @budmeasap Před 24 dny

      Every "business" Trump starts is a scam.

    • @michellew2422
      @michellew2422 Před 24 dny +12

      Don the con should not be able to open businesses anywhere.

    • @DanBeech-ht7sw
      @DanBeech-ht7sw Před 24 dny +5

      Ivanka, Donnie, Melania, and of course the two Marx brothers that were never funny.

  • @markhorstman5853
    @markhorstman5853 Před 24 dny +9

    So lost 1 billion a year , and made 2 million , are you kidding me !

  • @Zealor365
    @Zealor365 Před 24 dny +19

    "General and Administrative costs of $64 Million as opposed to $1.8 Million previosly...Somebody has their hand in the till.

    • @2laalexandra
      @2laalexandra Před 23 dny +3

      Running an election and paying lawyer fees costs $$$

  • @charlesschmitt3775
    @charlesschmitt3775 Před 24 dny +100

    Total BS. The TRAITOR talks about his business savy. He's a joke. Everything the TRAITOR touches dies.

    • @franc9111
      @franc9111 Před 24 dny +1

      Yes but he walks away with the cash.

  • @parvin46
    @parvin46 Před 24 dny +191

    Shame on the SEC or whatever group allowed this company to go public.

  • @OrontesRM
    @OrontesRM Před 24 dny +9

    WHO is still throwing their money at Trump at this moment???

  • @barbarabradley1014
    @barbarabradley1014 Před 24 dny +5

    Put him in prison with his hostage friends.

  • @paspuggie48
    @paspuggie48 Před 24 dny +158

    Has he paid his $175 million bond yet?

    • @lylestavast7652
      @lylestavast7652 Před 24 dny +10

      a month ago that was resolved and the state accepted changes to the cash equivalents account to make it truly cash and non-accessible to their satisfaction. 4/22

    • @andreebesseau6995
      @andreebesseau6995 Před 24 dny

      ​@@lylestavast7652?????

    • @DanBeech-ht7sw
      @DanBeech-ht7sw Před 24 dny +12

      ​@@lylestavast7652has he paid E Jean Carroll yet?

    • @WilliamMacKenzie-dq6bf
      @WilliamMacKenzie-dq6bf Před 23 dny

      Last I heard Letitia James was investigating the validity of that money....
      Of course it was coming from someone with questionable ethics and integrity....

    • @WilliamMacKenzie-dq6bf
      @WilliamMacKenzie-dq6bf Před 23 dny

      ​@@DanBeech-ht7sw
      Believe she got her first $5 Million cash....
      Just the small matter of $83.3 Million outstanding...with $111,000 daily compound interest running continuously until fully paid...

  • @khiljaz9245
    @khiljaz9245 Před 24 dny +112

    700k in, 327m loss in 3 months??? Money laundering? Tax fraud? Great business man???

    • @zzanatos2001
      @zzanatos2001 Před 24 dny

      Trump is just trying to keep the company afloat until he can unload his 50 million shares for $5 Billion.

  • @dalejarvis2126
    @dalejarvis2126 Před 24 dny +8

    Couldn't happen to a more deserving person.

  • @jonathangurkin5296
    @jonathangurkin5296 Před 24 dny +4

    What are they losing money on? This seems so fishy

  • @242guile
    @242guile Před 24 dny +169

    He still cooking those books' so he doesn't pay taxes...another investigation needs to be done now...pull that crap off the stock market..its obvious this is another scam

    • @audreyricci6383
      @audreyricci6383 Před 24 dny +21

      A pump and dump stock scam.

    • @andreebesseau6995
      @andreebesseau6995 Před 24 dny +5

      He will never stop!!!!!!!!

    • @franc9111
      @franc9111 Před 24 dny

      The Monitor did notice that there was on-going fraud when she started to look into the way the trump organistion operated, but she said that task of effectively putting a stop to it was way beyond her resources and it would take years.

  • @flixri726
    @flixri726 Před 24 dny +226

    Is Trump Media now paying his lawyers?😂😂

    • @TheZombieSaints
      @TheZombieSaints Před 24 dny +12

      😂 That's funny

    • @richardowens9061
      @richardowens9061 Před 24 dny

      No, I suspect Russia, China, Saudi Arabia, and other interests who wish to see Trump re-elected are laundering money to him through Trump Media. It's pretty obvious. And, it's illegal.
      So, where is the SEC? Where is Merrick Garland?

    • @Mondfischli
      @Mondfischli Před 24 dny +11

      .. they're giving a Rats Nunes about where the money comes from I guess 🤔

    • @alandean6930
      @alandean6930 Před 24 dny +7

      And his auditors fees , that is a tax write-off for legitimate companies. But which legitimate auditors are being used by 'Truth Social'. 7:04

    • @richardhowlett4097
      @richardhowlett4097 Před 24 dny

      The cult members will have paid his legal fees when he asks them to donate to him.

  • @donotneedonethnx
    @donotneedonethnx Před 24 dny +29

    Popularity of our brand:
    trumpism
    sexism
    racism
    fascism
    and that's just a start!

  • @rubyclark7595
    @rubyclark7595 Před 24 dny +5

    BELIVABLE 💙💙💙
    Criminal Everything!!!

  • @andremarchand2333
    @andremarchand2333 Před 24 dny +107

    This company was given a green light to list on the stock market ? Time to investigate the SEC for not doing their job .

  • @markstones7993
    @markstones7993 Před 24 dny +208

    One more financial disaster for Trump - he is such an incompetent business person!

    • @budmeasap
      @budmeasap Před 24 dny +14

      And yet, his supporters say his business sense is what they admire about him the most. Go figure!

    • @phampton16
      @phampton16 Před 24 dny +6

      Absolutely agree 💯🇺🇸💙

    • @michaelwoehl8822
      @michaelwoehl8822 Před 24 dny

      It's not a disaster Trump did this on purpose to cash in after six months, it is a Trump grift.

    • @outtakontroll3334
      @outtakontroll3334 Před 24 dny +6

      not for him, he will cash in for loads on his stock, the others no.

    • @jaycee5968
      @jaycee5968 Před 24 dny +5

      Total. Yet his followers are either totally sold the bill of goods, or they don’t know these numbers.

  • @GFY_FOAD
    @GFY_FOAD Před 24 dny +5

    Balance Sheet
    Total Cash (mrq) 2.57M
    Total Cash Per Share (mrq) 0.02
    Total Debt (mrq) 45.71M
    Total Debt/Equity (mrq) N/A
    Current Ratio (mrq) 0.05
    Book Value Per Share (mrq) -0.67
    This is such a POS company - How is this still listed?

  • @richardaustin3403
    @richardaustin3403 Před 24 dny +5

    So it's insolvent then. Trading should be halted and company investigated for fraud

  • @rademfam6856
    @rademfam6856 Před 24 dny +239

    No tears shed here.. I just want him locked up

    • @Sate12
      @Sate12 Před 24 dny +5

      I'm pissed. You just KNOW Trump got his shares and left others holding the bag

    • @markrichardson6381
      @markrichardson6381 Před 24 dny

      Polish proverb~ "Not my circus 🎪 not my monkeys". What a clown 🤡 show. THE ORANGE PT BARNUM'S LAUGHING HIS A** OFF.

    • @340EMJM
      @340EMJM Před 24 dny +5

      Boy! Do I agree with you!!

    • @bjornstahle4652
      @bjornstahle4652 Před 23 dny +1

      @@Sate12 actually he couldn't take it out for at least 6 months, unless the chairmen sign off to let him to do it early. Fortunately there is a lawsuit from shareholders to prevent that, so trump is going to have to deal with that first

    • @judydarwin4342
      @judydarwin4342 Před 23 dny

      We all do

  • @Christmas61963
    @Christmas61963 Před 24 dny +87

    Why is anyone surprised?!?! He is not now and has never been a business man, let alone a prosperous one!

    • @toneyingram732
      @toneyingram732 Před 24 dny +4

      Trump couldn't run a self-serving gas station with out the cult

    • @340EMJM
      @340EMJM Před 24 dny +1

      So true. Why isn’t anyone reminding the public about Trumps many business failures to include (is it 7?) bankruptcies???

    • @hilmaallen1302
      @hilmaallen1302 Před 24 dny +1

      But djt is very good at convincing people to part with their money, that how he and his family got rich.

  • @ikudosen1188
    @ikudosen1188 Před 24 dny +2

    They are lying.

  • @briansimon4363
    @briansimon4363 Před 24 dny +3

    How does a company lose that much that quickly? Who is propping up the price of the shares with financials like this? This company is worthless on these figures. It must be a scheme to funnel money to Trump, provided the price stays up until he can sell some of his holding.

  • @user-cy8gl4ob3r
    @user-cy8gl4ob3r Před 24 dny +86

    An 18 yr old could run this enterprise out of his Mothers basement for about 500k a yr.
    Where did the 327m go?

    • @paulminshall8793
      @paulminshall8793 Před 24 dny +8

      There’s already a whole network of servers running the Mastodon social network, which is being run by citizen admins, using donations.
      Truth Social is basically a forked copy of the Mastodon open source software, so I don’t know where all the money is going.

    • @user-cy8gl4ob3r
      @user-cy8gl4ob3r Před 24 dny +2

      @@paulminshall8793 Thanks for the reply.
      Um, wouldn't that become a point of interest? The money didn't go into space.

    • @timwhite9272
      @timwhite9272 Před 24 dny

      Criminal penalties, and legal fees.

    • @LewisPulsipher
      @LewisPulsipher Před 24 dny +2

      Nearly $100m in OPERATING costs. How do they manage to do that? (And far higher than last year this quarter.)

    • @spaceghost8995
      @spaceghost8995 Před 24 dny

      ​@@paulminshall8793 The money is going to Trumps family and Nunes and other preferred people I guess.

  • @edrahayworth7483
    @edrahayworth7483 Před 24 dny +155

    If Donald Trump become PRESIDENT this is how he would do our country FINANCIALLY BREAK US YOU SEE HOW HE'S DOING HIS OWN SHIT ENOUGH SAID!!!!

    • @Haawser
      @Haawser Před 24 dny +28

      He already did. The ~$8 Trillion in extra national debt he managed to rack up in 4 years will still be being paid for by your grandchildrens grandchildren.

    • @LLL-zt3fz
      @LLL-zt3fz Před 24 dny +18

      He probably also would have assumed the US Treasury was his, and used it up

    • @eequalswtf6281
      @eequalswtf6281 Před 24 dny

      Covid and his handling of it was a financial disaster that brought inflation and toilet paper lines.

    • @phampton16
      @phampton16 Před 24 dny +8

      Absolutely totally agree 💯🇺🇸💙

    • @richardhowlett4097
      @richardhowlett4097 Před 24 dny +4

      He promised the billionaires that he would cut taxes for them again, providing they donate a billion. He is the world's biggest loser and liar.

  • @jonwatkins254
    @jonwatkins254 Před 24 dny +3

    Who or what was the recipient of the 327 million dollars. Are the expenses owed money that hasn't been paid? Owed to whom for what?

  • @susan48
    @susan48 Před 24 dny +3

    Ben, thank you for educating and explaining news without being condescending.

  • @johnmezzanottejr8134
    @johnmezzanottejr8134 Před 24 dny +59

    I wonder how much money Trump has cost himself his cult and the U.S. because he couldn't say two words .....I lost.

  • @rickarmstrong3944
    @rickarmstrong3944 Před 24 dny +80

    This is obviously a way for people to make donations to Trump without being known.

    • @Bill_the_curious
      @Bill_the_curious Před 24 dny +2

      Just as they did by buying Trump's highly overpriced condos when he was in the White House. 'Hey buddy I just paid triple the price for your condo I will never bother to go near. I need a big favor from you.'

  • @jamesclark26
    @jamesclark26 Před 24 dny +6

    I bought my second put option this morning. I was a registered stock broker for 15 years and have been out of the industry for nearly 25 years. This stock is definitely going to zero. The only question is how soon. Unless, Trump is reelected as president. If that happens nothing will matter in the long run.

  • @user-jw4qz6me4y
    @user-jw4qz6me4y Před 24 dny +1

    It’s always someone else’s problem never Trump even if his signature is on the bill

  • @user-xp2fp3nt5n
    @user-xp2fp3nt5n Před 24 dny +222

    I cannot comprehend how ineffectual the US Justice system is.

    • @madmaxfzz
      @madmaxfzz Před 24 dny +23

      it's ineffectual against rich people. Works great against people who can't hire a team of lawyers!

    • @user-jk3ht5hn3m
      @user-jk3ht5hn3m Před 24 dny +3

      Where’s Merrick?

    • @nates9105
      @nates9105 Před 24 dny

      It is effective against the poor, middleclass, peasants, and migrants!

    • @MrPanama9red
      @MrPanama9red Před 24 dny +4

      MAGA makes it so.

    • @jackielobin7100
      @jackielobin7100 Před 24 dny

      DOJ 202-514-2000 demand justice! Garland works for US!! He needs to resign. No excuse for a known fraud to continue committing FRAUD

  • @TishaHayes
    @TishaHayes Před 24 dny +293

    Sounds like a real winner of a stock you have there Trump.
    Most of the losers were already losers, they were MAGA and I feel little sympathy for them.

    • @TheZombieSaints
      @TheZombieSaints Před 24 dny +24

      Totally agree 👍

    • @jasondavenport5577
      @jasondavenport5577 Před 24 dny

      GOP = Privatize profits socialize losses

    • @simoncardie9371
      @simoncardie9371 Před 24 dny +11

      Same here.

    • @donaldadkins1598
      @donaldadkins1598 Před 24 dny +5

      still hate that middle class are the one that are going to lose money on this.

    • @nancygodsey8312
      @nancygodsey8312 Před 24 dny +19

      Anyone that invested money for stocks in the conman's brand, shouldn't be surprised when he rips them off. That's exactly what corrupt conmen do.

  • @MichaelBristow137
    @MichaelBristow137 Před 24 dny +3

    So wait, this is another grift....? I am shocked.

  • @lorihoshaw3718
    @lorihoshaw3718 Před 24 dny +1

    Wow what a total scam!

  • @GrimJerr
    @GrimJerr Před 24 dny +179

    Right on track for a Trump company

  • @HopefulCanadian
    @HopefulCanadian Před 24 dny +57

    When is “Truth Social” going to cease to exist because that would be brilliant

  • @shelleyking8450
    @shelleyking8450 Před 23 dny +2

    HOW TF did the SEC EVER let this merger scam happen? EVERYBODY involved in this deal should be in jail, not making money on a meme stock.

  • @joenisnapje712
    @joenisnapje712 Před 24 dny +3

    Imagine losing over a 100 million US dollars every single month 💸🙄 Geez 😒🤷🏻‍♀️

  • @Reallifeintheblue
    @Reallifeintheblue Před 24 dny +54

    Just like Trumphimself, his company will never mature.

  • @jenniferw8755
    @jenniferw8755 Před 24 dny +99

    Trump created a bottomless money drain! 😅

    • @wendigo53
      @wendigo53 Před 24 dny +4

      We could call it a "financial black hole". Except that's racist. Like "Chinese food" and "French fries".

    • @johannebeerbaum1546
      @johannebeerbaum1546 Před 24 dny +5

      WTF costs 100MILLION /MONTH WITH A RETURN OF SLIGHTLY MORE THAN 200THOUSAND/MONTH.

    • @AC-kd7ms
      @AC-kd7ms Před 24 dny +4

      @@wendigo53 nah you can use French fries, as French I don't feel offended

    • @franc9111
      @franc9111 Před 24 dny

      @@AC-kd7ms En Belgique, ce sont les vraies de vraies - cuites dans la graisse de cheval, mais seulement une fois, pas deux.

  • @michaelstancato6057
    @michaelstancato6057 Před 24 dny +1

    Jordy is right! It's just a virtual company. Where is all that money?? From where and to where has it gone?

  • @cherylslomko132
    @cherylslomko132 Před 24 dny +2

    Vote Biden 2024 💙💙🇺🇸🇺🇸
    🎉🎉🎉

  • @felixpoventud3914
    @felixpoventud3914 Před 24 dny +120

    Stop the trump stench! Vote biden! 2024!

  • @SpaceForceCommander
    @SpaceForceCommander Před 24 dny +71

    Not only is Truth Social underwater, it’s at the bottom of the deepest ocean.

  • @sharondowling8896
    @sharondowling8896 Před 24 dny +1

    Your opinion is worth MUCH more than Truth Social Media!! This stuff needs to get into the public view!❤❤❤

  • @VincentPope-hy3qb
    @VincentPope-hy3qb Před 24 dny +1

    This nation has lost all credibility. All of it!!!!!!!

  • @askbob2009
    @askbob2009 Před 24 dny +72

    Financial genius again proving his intelligence

  • @markusmencke8059
    @markusmencke8059 Před 24 dny +52

    With numbers like this, the stock should just flatline. Who is pushing it?

    • @GullibilityUS
      @GullibilityUS Před 24 dny +10

      Recon it will before chump gets to cash in his shares 😂

    • @birdsndog5819
      @birdsndog5819 Před 24 dny +10

      “Foreign investors”. Maybe some oligarchs.

  • @greyhamlogan2255
    @greyhamlogan2255 Před 21 dnem +1

    It's all a tax dodge.

  • @squkyshoes
    @squkyshoes Před 24 dny +1

    He lost almost all his fraud trial bond in a quarter. DAAAAAAMN.

  • @MelvinC3
    @MelvinC3 Před 24 dny +20

    Everything that Trump touches just goes down horribly

    • @user-oc1sp6wq9r
      @user-oc1sp6wq9r Před 24 dny

      😢 INCLUDE AMERICA‼️😔
      .
      👇
      I BELIEVE ON THE EVIDENCE PROVIDED AND IT IS WAY OVERWHELMING AND TOO HARD TO DENY IT AND TRUMP SHOULD BE CHARGED FOR SOLICITATION FOR SEXUAL SERVICES FROM A PROSTITUTE AS SOON AS THE JURY DELIBERATES SINCE THE EVIDENCE SHOWS HE PAID 130K AND COULD GO LITERALLY WITH A BANG❗ TO RIKERS ISLAND AND I WILL EVEN ADD THE GOLF ⛳ EVENT PLANNERS THAT PROVIDED PROSTITUTES TO THE RICH ON THAT EVENT SHOULD BE AND MUST BE CHARGED FOR PANDERING AND SEX TRAFFICKING.
      MILLIONS OF MEN AROUND THE COUNTRY ARE PROSECUTED WITH LESS EVIDENCE SO WHY SHOULD TRUMP BE IMMUNE OF COMMITING THIS OTHER ADDITIONAL CR1M3 😂
      .
      IT IS MUCH WORST THEN ANY AMERICAN COULD IMAGINE THE DAMAGE TRUMP CAUSED WHILE HE WAS PRESIDENT‼️🤬😡😠👇
      .
      🤦😔I suggest everyone educates themselves and find out that during SLEEPY CROOKED DONNI'S TERM the U.S. fell into an 8 trillion dollar debt 💰 for paying an entire nation Pandemic Help (for the ignorant it means money for over 2.5. years to the entire country to save our economy, and added to the already 27 trillion dollars in DEBT AMERICA HAD ALREADY, for Washington investing in wars and weapons in the Middle East for over 20 years and also bailing out banks thanks to ABUSIVE BANKRUPCIES that millions filled NATIONWIDE and stole TRILLIONS OF DOLLARS from bank institutions like this CR1M1NAL many support by the name of TRUMP did 👈 This astute CR1M1NAL did it at least 5 times and alone stole HUNDREDS OF MILLIONS BY ASKING FOR LOANS AND THEN WENT BANKRUPT, is what ruined our country along with our economy in the once mighty United States of America‼️🤦
      .
      And is how China during TRUMP'S PRESIDENCY became the number #1 Economic Power in the world 🌎
      .
      👉 After TRUMP IT WILL BE ALL AN UPHILL STRUGGLE TO TRY AND GET OUT OF DEBT AND THE ONLY WAY TO GET OUT OF DEBT WILL BE CAUSING CONFLICTS LIKE YOU SEE IN UKRAINE AND DRAGGING INNOCENT COUNTRIES INTO UNNECESSARY WARS IN ORDER TO SELL THEM EXPENSIVE WEAPONS THAT WILL GET US OUT OF MAYBE SOME 5 TRILLION DOLLARS OF DEBT IN A FEW YRS. OF WAR IN UKRAINE.
      AND THEN WE WILL HAVE TO DO THE SAME AS IN UKRAINE BUT IN TAIWAN NEXT AND TRY AND PUT MILITARY BASES IN TAIWAN AND FORCE CHINA INTO ANOTHER MASSIVE WAR AND SELL WEAPONS TO NATO AGAIN‼️
      THEN TRY TO RUIN THEIR BEAUTIFUL CITIES AND ECONOMY AND AGAIN HUNDREDS OF THOUSANDS OF MORE INNOCENT DEATHS WILL BE LOST 🤬😡😠
      AND ALL BECAUSE OF OUR MASSIVE DEBT TRUMP AND OTHER INCOMPETENT ADMINISTRATIONS COULD NOT BALANCE RIGHT AND INVESTED IN WEAPONS AND WARS, INSTEAD OF HELPING OUR INDUSTRIES AND MAKE THEM BETTER LIKE THE AUTOMOTIVE INTO MAKING BETTER QUALITY VEHICLES TO COMPETE WITH CHINA, AND TECHNOLOGY AND NOT 🚫 NOT WEAPONS LIKE THE CURRENT ROAD WE FOLLOW‼️🤬😠😡🤦🔥

  • @susanwilhelm8236
    @susanwilhelm8236 Před 24 dny +77

    How can you lose that much money? Or is it a scam also for the IRS?

    • @bitwhys3920
      @bitwhys3920 Před 24 dny

      They can't. They are obviously money laundering

    • @marcirobins5144
      @marcirobins5144 Před 24 dny +10

      If it’s already a scam, then, the stock is suspect. Wait. Of course it’s suspect.

  • @snacks1184
    @snacks1184 Před 23 dny +2

    How is it losing so much money?
    It's called legal fees.

  • @larryyates3818
    @larryyates3818 Před 24 dny +21

    What a business man, and he wants to run the country. What a JOKE. 😊

  • @thomasdeas1941
    @thomasdeas1941 Před 24 dny +20

    That spells Russian money laundering to get around sanctions.

  • @cwpiperman3373
    @cwpiperman3373 Před 24 dny +1

    This comes as quite a shock....

  • @hugoo1549
    @hugoo1549 Před 23 dny +3

    All those buildings and golf courses are not making money. Bullshite. I'm sick of trump lock him up! Vote blue all the way!

  • @hstl1x
    @hstl1x Před 24 dny +82

    Down the drain like his life.

  • @paulc5333
    @paulc5333 Před 24 dny +40

    How do you loose $327mil when all your biz is is essentially a BBB ? Your only overhead is a couple of servers, an Internet connection and a few nerds in their parent's basements.

  • @user-fed-yum
    @user-fed-yum Před 23 dny +1

    Can we please never forget about the the Kevin Nunes Cow? Nothing gets him more ruffled up than reminding him about his lawsuit 🐮

  • @michaelstapelberg7751
    @michaelstapelberg7751 Před 21 dnem +1

    he cost the USA 8 trillion in debt! of course is made a loss

  • @NitaNellEtc
    @NitaNellEtc Před 24 dny +37

    Ben, I retired from a 32 year career with the IRS. I simply LOVE how you take your time and explain those complicated financial structures, transactions & acronyms(!) in understandable terms! Your discussions are easy to follow.
    Thanks for doing the Lord's work. Anita in Los Angeles

  • @lynwilson4773
    @lynwilson4773 Před 24 dny +70

    Such egregious activities ! Where is the accountability? SEC needs to act NOW!

  • @menow7851
    @menow7851 Před 24 dny

    Time for the IRS to audit the claimed expenses.

  • @susanzemke6569
    @susanzemke6569 Před 24 dny

    Sounds like money laundering.

  • @rosiehendry6573
    @rosiehendry6573 Před 24 dny +67

    Doing as well as his prior companies - university, casinos, buildings etc

    • @suehowie152
      @suehowie152 Před 24 dny

      He didn't start it to make money but rather to allow Russian disinformation to spread which helps him.
      Jordan Klepper has a video Fingering the Pulse: Russian tools.It's worth a watch.

    • @fionadutton8149
      @fionadutton8149 Před 24 dny +9

      The one that makes me shudder is Trump Cologne

    • @suehowie152
      @suehowie152 Před 24 dny +3

      Maybe he didn't start it to make money..

    • @suehowie152
      @suehowie152 Před 24 dny +3

      Maybe he didn't start it to make money...