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this post was submitted on 26 Mar 2024
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Revenue of $ 3.4 million should put it around a $ 34 million value, provided it had normal profit. But it operates at a deficit, and AFAIK a not impressive growth rate. So a more normal estimate would probably put the company about $ 20-25 million.
The talk about billions is ridiculous to a degree where it's either insane, or some sort of scheme exist to pump it to hundreds of times the actual value.
It's absolutely a way for Saudi Arabia & Russia to pay Trump's fines.
That could be it, I bet something is going on, that is probably in the gray area, that could be outright illegal if done directly.
Are you suggesting there's a lack of truth in Truth Social? Unconscionable! It's even in the name!
Yes I know it's mind blowing, and probably comes as a shock to most people. 😋
Very smart people. The best people.
I would go as far as saying that the only truth on that social is in its name
We saw this same thing with tesla a few years back before they did their split. People are investing in the man, not the company. It's strange
That's an even worse bet!