TRUMP INDICTED! TRUMP CONVICTED! GUILTY ON ALL CHARGES! ... and more convictions yet to come!!!

DC_Dude

Rising Star
BGOL Investor


DJT: Trump Media reports $770,500 revenue for first quarter, net loss of $327.6 million​

PUBLISHED MON, MAY 20 20245:35 PM EDTUPDATED 25 MIN AGO
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Rebecca Picciotto@BECCPICC
  • Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social network, reported a net loss of $327.6 million, with total revenue at $770,500 in its first fiscal quarter.
  • DJT shares were relatively flat in post-market trading following the release of the earnings report, which had not been highly publicized prior.
  • TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social’s TV streaming platform.
This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022.

This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022.
Stefani Reynolds | AFP | Getty Images
Trump Media & Technology Group, the parent company of Donald Trump’s Truth Socialplatform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earningsreport, filed Monday with the Securities and Exchange Commission.
The report is one of the first measures of company’s true financial health, since it debuted as a public company on the Nasdaq stock exchange in March, after completing a merger with a shell company, Digital World Acquisition Corp.

DJT shares were relatively flat in post-market trading following the release of the earnings report, which had not been highly publicized prior. The stock was down 5% at market close, with a share price of $48.
Since going public, the DJTstock has whipsawed on what experts say is a meme stock trajectory, sometimes rising or falling dramatically, without any significant news to account for the swing.
TMTG CEO Devin Nunes said that the company is exploring “a wide array of initiatives and innovations to build out the Truth Social platform including potential mergers and acquisitions activities” in a statement on Monday.
“We are particularly excited to move forward with live TV streaming by developing our own content delivery network, which we believe will be a major enhancement of the platform,” Nunes added.
In April, the company announced that Truth Social would launch a TV streaming platform in three phases, the first for Android, iOS, and Web. The second would roll out as stand-alone apps for phones, tablets and other devices. The last phase would launch for home television.

In its Q1 report, TMTG said it has signed contracts with its first data center partner, which would host the TV platform, and a hardware vendor to provide equipment.
The company told the SEC last week that it would delay its quarterly filing, after the agency charged its former auditor, BF Borgers CPA, with “massive fraud” of hundreds of companies, raising red flags about the accuracy of the financial information that the firm had audited.
 

easy_b

Easy_b is in the place to be.
BGOL Investor


DJT: Trump Media reports $770,500 revenue for first quarter, net loss of $327.6 million​

PUBLISHED MON, MAY 20 20245:35 PM EDTUPDATED 25 MIN AGO
thumbnail

Rebecca Picciotto@BECCPICC
  • Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social network, reported a net loss of $327.6 million, with total revenue at $770,500 in its first fiscal quarter.
  • DJT shares were relatively flat in post-market trading following the release of the earnings report, which had not been highly publicized prior.
  • TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social’s TV streaming platform.
This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022.

This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022.
Stefani Reynolds | AFP | Getty Images
Trump Media & Technology Group, the parent company of Donald Trump’s Truth Socialplatform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earningsreport, filed Monday with the Securities and Exchange Commission.
The report is one of the first measures of company’s true financial health, since it debuted as a public company on the Nasdaq stock exchange in March, after completing a merger with a shell company, Digital World Acquisition Corp.

DJT shares were relatively flat in post-market trading following the release of the earnings report, which had not been highly publicized prior. The stock was down 5% at market close, with a share price of $48.
Since going public, the DJTstock has whipsawed on what experts say is a meme stock trajectory, sometimes rising or falling dramatically, without any significant news to account for the swing.
TMTG CEO Devin Nunes said that the company is exploring “a wide array of initiatives and innovations to build out the Truth Social platform including potential mergers and acquisitions activities” in a statement on Monday.
“We are particularly excited to move forward with live TV streaming by developing our own content delivery network, which we believe will be a major enhancement of the platform,” Nunes added.
In April, the company announced that Truth Social would launch a TV streaming platform in three phases, the first for Android, iOS, and Web. The second would roll out as stand-alone apps for phones, tablets and other devices. The last phase would launch for home television.

In its Q1 report, TMTG said it has signed contracts with its first data center partner, which would host the TV platform, and a hardware vendor to provide equipment.
The company told the SEC last week that it would delay its quarterly filing, after the agency charged its former auditor, BF Borgers CPA, with “massive fraud” of hundreds of companies, raising red flags about the accuracy of the financial information that the firm had audited.

Everything Trump touches turns into shit and people still try to run with him, but I tell you some people in this world are so stupid
 

blackpepper

Rising Star
BGOL Investor

How much are these ratchet heffas (ARose, CardiB, SRed, etc.) getting paid to do this, and by who? Its just so obvious cause these broads are about nothin, if not money. So, that’s the only explanation. They have no informed opinion about anything outside of hiphop or fashion and then, boom biden is the enemy, trump is cool, or just don’t bother with either of them.
 

Tdot_firestarta

Rising Star
BGOL Investor
How much are these ratchet heffas (ARose, CardiB, SRed, etc.) getting paid to do this, and by who? Its just so obvious cause these broads are about nothin, if not money. So, that’s the only explanation. They have no informed opinion about anything outside of hiphop or fashion and then, boom biden is the enemy, trump is cool, or just don’t bother with either of them.

Facts... I don't know how people don't realize this
 

easy_b

Easy_b is in the place to be.
BGOL Investor
But what has Biden done for Black folks!?!????? What about Palestine ?!?!?
Biden has done a lot for Black people, but a few things is being held up by fucking Republicans through the court system. Hell Biden, trying to do shit with the student loan thing you see the bullshit the Republicans are doing to water that down
 

mrcmd187

Controversy Creates Cash
BGOL Investor
Yep Amber stepped into it right now and it’s going to be very hard for her to get out of this crap. she is a fucking airhead. I felt sorry for her at one point after the Kanye West debacle but right now I do not feel sorry for her anymore and I still hate Kanye West
She is a attention whore, but she just secured the wrong attention.
 
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