Trump’s Truth Social is Failing financially

For a guy who likes to talk about the “failing NY Times” (which has growing revenue) he sure isn’t having much success with his own media company.

Looks like there will be yet another Trump bankruptcy!

The company has seen its stock price plunge nearly 75 percent since its March peak and reported in a filing last week that it had lost $6.5 million in the first half of the year. There are signs that the company’s financial base has begun to erode. The Trump company stopped paying RightForge, a conservative web-hosting service, in March and now owes it more than $1 million, according to Fox Business, which first reported the dispute.

All the more reason to vote for DeSantis. Get out there folks!

It is not Trump's Truth Social anymore.  Trump and Eric left the company on Jun 8th, as soon as the SEC started their fraud investigations, leaving Devin Nunes with the blame, debt, lawsuits, etc.  Good move, Devin!  

In it first three months of business, Truth Social was not able to attract a single advertiser.  Message:  the Republican Party is toxic

This is very typical of Trump's business acumen.  Let's recall that Trump inherited about a tenth of all rental properties in NYC.  If he had only confined himself to hookers, blow, and calling in to talk radio, he would be the richest man on Earth today by a very wide margin.  Instead, he's fraudulently sucking up every dollar that might have gone to Republican campaigns in 2022 and blaming Rick Scott for mismanaging the GOP war chest (well, he is telling Republican congressional campaigns that the treasury is tapped out from his mega yacht in Italy so he probably does share some blame).

It’s still Trump’s baby. Another failed business venture by the genius.

“Six months after its high-profile launch, the site … still has no guaranteed source of revenue and a questionable path to growth, according to Securities and Exchange Commission filings from Digital World Acquisition, DWAC, the company planning to take Trump’s start-up, the Trump Media & Technology Group, public.”

DWAC disclosed in a December 2021 regulatory filing that the SEC and the Financial Industry Regulatory Authority had weeks earlier asked it for information about stock trading and communications with TMTG prior to their deal being announced.[26][27] The company disclosed in June 2022 that the SEC was expanding its inquiry, and days later said a grand jury seated by the U.S. attorney for the Southern District of New York had subpoenaed DWAC and each member of its board, as well as documents.

Uh oh, the Trumpers are starting to turn on their great leader.

Just keep watching the birdie. That way you can blame Putin again.

Nobody knows what you’re saying Green Parrot. Because you’re a dummy.

New companies created by Trump should be called Start downs rather than Start ups.

Maybe we should call the last 2 quarters of negative GDP Start downs too.

Are you talking about those two quarters where over 3 million jobs were created?

3 million part time jobs because people can't afford food? Ok groomer.

Also, stocks had an absolutely horrible day today... you have a great talent for badly timed propaganda. Almost as bad as crying about global warming in the middle of winter.

Hooray for our bold leaders.

The stock market is closed today dummy.

You’re the one with a little boy as an avatar. A little Nazi boy at that.

Lol, you know nothing about ECN or weekend stock tradings. Stock values are not tied to wall street hours ... not since 1990.

You definitely must be on some government pension with no control of your 401K. Most likely funded by taxpayers at an exorbitant rate of course.

Guess it must be nice to be a professional parasite off of hard working Americans.

Don't forget that Trump has made millions selling copies of the top secret documents he took.

They might be almost worth as much as one Hunter Biden painting.

Trump shares barrage of QAnon content and other conspiracy theories on his social media platform.

Trump is uniting white nationalist.