Donald Trump's Beloved Truth Social might be in even more trouble than we had previously
thought, which of course is a little bit shocking considering the fact that we've had nothing
but bad news come out about truth social for, uh, pretty much ever.
But the latest reporting out there says that investors into the spec, right?
The Special PBA acquisition, whatever, I forget what the spec stands for, but it's a spec.
So investors in the spec are getting antsy and they're getting angry and they're getting
anxious and they are now threatening to pull their money out of Digital World Acquisition.
The company that put the spec together, they're threatening to take their money and leave
some of them.
Some of these investors that are currently threatening to leave according to a report
from Politico, some of them are saying, Look, if we're gonna stay in, we want a bigger piece
of the pie, right?
We don't want whatever percentage they were gonna get of the profits.
We want even bigger percent.
And part of that comes along with the reason why other investors just wanna leave without
renegotiating is because the risk involved in putting a billion dollars, which is how
much these people were gonna put in a billion dollars into acquiring Donald Trump's Trump
Media and Technology Corporation, the risk at this point outweighs the benefit.
So they say, Look, if we're gonna take this massive risk on this thing that currently
isn't even set up to be able to make money, then we gotta get a big piece of this pie.
And then of course, the other investors say, The risk isn't worth it at all.
Like, there's no way this thing's gonna pay out for me.
I want out.
And Digital World, of course, is facing a little blowback.
They wanted another year in order to make the deal.
Investors didn't want to give that to 'em.
So they're scrambling trying to figure out what they have to do, what they can legally
do, but they can't legally do much because they're currently under a criminal investigation
from the securities in Exchange Commission.
So there's a lot of trouble, there's a lot of problems.
And of course, it's not just the problems, the potential legal problems with digital
world and Trump media and technology, it's also other random factors, right?
Last week, Elon Musk finally comes out and says, Okay, screw it.
I'm gonna buy Twitter for 44 billion.
I don't care about the bots.
I just want Twitter so bad.
When that happened, Digital World stock plummeted because if Elon Musk a Rightwinger takes over
Twitter, what need do they have for truth social?
So they took a massive hit on that.
There's also, of course, the other reports that nobody's signing up for it, that traffic
is virtually dead, which of course is why Truth Social
Recently had to go in and hide the, the number of likes and replies and followers that you're
allowed to see so that maybe they gotta be cooking the numbers behind the scenes.
But you can't see because you're only allowed to see the first 10 people who like re truth
or follow somebody.
It's very sneaky, it's very deceptive, but that's what they've resorted to.
Then of course we had the recent reports telling us that, uh, the photographs actually that
the truth social offices down in South Florida are, are totally empty.
Even the little entry keypad has been ripped off the wall.
Nobody's there.
And then of course, the big one, and probably the most important one, the fact that truth
social, which again, is not set up to even be able to make money right now, like it does
not have a revenue stream at all.
It doesn't even have the mechanisms in place for it.
And the reports from, you know, the investors say that Truth Social has about enough cash
on hand to maybe make it to April of next spring.
So if this deal has not concluded by April, at which point the company does not have any
money left on hand, and again, no revenue stream and no revenue stream in sight, then
couple options.
One, either Trump personally foots the bill because he's the only one involved in it that
would have the money to do that.
So every month he just loses money until the deal, if it ever happens, happens.
Trump's not gonna do anything where he loses money.
Sorry, he's not gonna pay out of pocket.
Second option, then for Donald Trump, Abe, go get a loan, right?
Get a massive loan from the bank, use the potential deal as the uh, collateral.
There also not gonna work because you know, the whole New York thing where you just got
exposed for possibly lying to the banks will let the trial decide whether or not you did.
Um, so you're probably not gonna find a bank willing to give you that kind of money.
So the bank loan is out.
The third option, which is the last option possible, is you shut it down, you turn tail,
and you run away from it.
Which of course, at that point would probably effectively kill the deal.
And since those are our only options at this point, what we're looking at here is if these
investors do get their way and they pull out truth social's dead, it could be a long, slow,
painful death, but I think there's no way around it.
Truth, social is dead.