Trump Media & Technology Group Corp DJT

Technology Software - Application

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal relationship, enhancing the ability of its users to reach a broad audience. Its brands consist of Truth Social, TMTG+, and TMTG News. TMTG is also engaged in operates a TV streaming platform, Truth+, across the entire Truth Social platform-iOS, Android, and the Web. The streaming service relies on TMTG's custom-built content delivery network (CDN), which operates through a newly opened data center as the Company works to bring additional data centers into operation. TMTG's streaming technology is powered through specially designed infrastructure with its own servers, routers, and software stack.

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Trump Media & Technology Group Corp

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Post by a2bmanon Jul 04, 2024 11:34am

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Post# 36118167

Another pr the night before a holiday

Theres just so much BS in this release.

They announce a deal to buy tech for 5MM shares - ok so thats $150MM, and they announce that they have double that in cash, but hey lets just keep reaming the investors.

The bury in a pump and dump deal and make it look like a financing for another 2.5BN worth of shares.

I guess if my company was trading at 2000x value I would do it to if i could find the criminals to work with.

But its not a real financing and the suckers that are going to supply the tech are going to end up with no where near 150MM

This company ticks all the boxes

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