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Trump Media & Technology Group Corp DJT

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.


NDAQ:DJT - Post by User

Post by dart321on Aug 07, 2024 12:24pm
94 Views
Post# 36167694

Streaming

Streamingby this company cost huge dollars, if all users of truth social signed up for streaming they wouldn't put a dent into the cash burning caused by this streaming. In my opinion they are looking hard to finance a chunk of cash soon to be needed. As I have said before over and over again this stock and it's ability to be a going concern is tied at the hip with trumps campaign. Based on what we see with his campaign I suspect it would be impossible to finance as much as they need hence we see a slow drip drip of downward pressure on the share price day after day regardless of news releases.
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