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WARNING … WARNING!!!

Please make sure you are sitting down before reading this. I will not be responsible for individuals who read this and pass out from shock.

In the filing, the company disclosed finding “material weaknesses” in its internal controls over financial reporting, citing a lack of formal accounting processes for complex transactions and insufficient personnel experienced in SEC reporting requirements.

As a result, Trump Media warned “there is a reasonable possibility” that “material misstatements” may have appeared in its financial filings.

Sorry, forgot the link:

https://www.forbes.com/sites/zacheverson/2025/05/1...

Please make sure you are sitting down before reading this.

Thank you for the warning. I almost had the vapors reading that. Wait a moment while I clutch my pearls and look off aimlessly into the distance with my shocked face.

...

I'm back. And, like Susan Collins, I'm deeply concerned that a United States President would be associated with such activities. So concerned, I'm going to clutch my pearls and stare again.

...

a. anything less would be off-brand, and nothing 10x worse @djt would defy odds.
b. trump long since figured out crypto was a perfect alternative to the burden of pretending to run a business.

Also:
"Trump Media reported its quarterly earnings on Friday, disclosing a -$31.7 million net loss." (The losing continues!)

From latest 10K:
A number of entities associated with President Donald J. Trump have filed for bankruptcy protection in the past. The Trump Taj Mahal, which was built and owned by President Donald J. Trump, filed for Chapter 11 bankruptcy in 1991. The Trump Plaza, the Trump Castle, and the Plaza Hotel, all owned by President Donald J. Trump at the time, filed for Chapter 11 bankruptcy in 1992. THCR, which was founded by President Donald J. Trump in 1995, filed for Chapter 11 bankruptcy in 2004. Trump Entertainment Resorts, Inc., the new name given to Trump Hotels & Casino Resorts after its 2004 bankruptcy, declared bankruptcy in 2009. While all of the foregoing were in different businesses than TMTG, there can be no guarantee that TMTG’s performance will exceed the performance of those entities.

A number of companies that had license agreements with President Donald J. Trump have failed. There can be no assurances that TMTG will not also fail.
Trump Shuttle, Inc., launched by President Donald J. Trump in 1989, defaulted on its loans in 1990 and ceased to exist by 1992. Trump University, founded by President Donald J. Trump in 2005, ceased operations in 2011 amid lawsuits and investigations regarding that company’s business practices. Trump Vodka, a brand of vodka produced by Drinks Americas under license from The Trump Organization, was introduced in 2005 and discontinued in 2011. Trump Mortgage, LLC, a financial services company founded by President Donald J. Trump in 2006, ceased operations in 2007. GoTrump.com, a travel site founded by President Donald J. Trump in 2006, ceased operations in 2007. Trump Steaks, a brand of steak and other meats founded by President Donald J. Trump in 2007, discontinued sales two months after its launch. While all these businesses were in different industries than TMTG, there can be no guarantee that TMTG’s performance will exceed the performance of these entities.

OMG, Does this guy ever win at anything besides senior citizen golf tournaments?

https://www.sec.gov/ix?doc=/Archives/edgar/data/18...

As a result, Trump Media warned “there is a reasonable possibility” that “material misstatements” may have appeared in its financial filings.


SO WHAT!? says MAGA world.

It is all corruption all the time now.

Does this guy ever win at anything besides senior citizen golf tournaments?

Two words were omitted at the end of the above quotation: "WITH HIMSELF".

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