#TrumpMedia #SocialNetwork lost over $16m in last 3 months and admits throwing away more than $58 million on #TruthSocial within past year in other filings, all under direction of Brand's #MediaMastermind aka flailing ex Fresno #GOPCongressman #DevinNunes 🤡 . Nunes made headlines earlier this year when he complained that the #SocialMedia success story was hampered by
#Trump #Media & #Technology Group becoming the #victim of “naked short selling.”

Truth Social is the first #publiccompany" #DJT has been fronting since a previous public #stock venture in his #casino hotels spiraled wildly out of control going from $37 dollars down to 17 cents a share in 1990s.

At one time #DJTrump was given 90% of the shares in the TruthSocial #SocialMedia company, and fired the corp's co-founder, a former contestant on his TV game show, for not giving more shares to Melania.

More #Winning expected 

https://www.washingtonpost.com/technology/2024/08/09/trump-media-loss-quarter/

#FreeReads #GiftLink https://wapo.st/3yLwFUi

Trump Media reports $16.4 million quarterly loss

Donald Trump’s company, which operates Truth Social, said it earned $837,000 in quarterly revenue.

The Washington Post