00:00:00
so I got my hands on the original
00:00:02
investor deck for Trump media from
00:00:07
2021 when they were trying to launch
00:00:10
this thing and I was giving everybody
00:00:12
the red flags a source who got this
00:00:15
investor deck sent me the PowerPoint
00:00:18
presentation I want to share it with you
00:00:21
right now and I want to show you just
00:00:24
how far off the projections were from
00:00:28
what investors were being told in 2021
00:00:32
to what is happening right now with
00:00:34
Trump media I'm sure you know that the
00:00:37
Trump media stock is crashing was at
00:00:40
like
00:00:42
$16.98 yesterday it dropped 74 to
00:00:47
75% since March dropped 74 to
00:00:52
75% I just want you to think about that
00:00:55
but let's take a look how far off Trump
00:00:58
media as a publicly traded entity is
00:01:02
today off from its projections from 2021
00:01:05
so here is the deck that was sent to
00:01:08
investors in 2021 you see it right here
00:01:11
Trump Media Group Digital World
00:01:13
Acquisitions investor presentation
00:01:16
November 2021 I'm going to go through a
00:01:19
bunch of the key pages with you but I
00:01:21
want to cut right to the chase on the
00:01:23
projections first Revenue projections so
00:01:26
in
00:01:28
2023 the total Revenue projections was
00:01:33
$114 million in 2023 projected Revenue
00:01:39
in 2024 the projected Revenue
00:01:45
835 million Revenue projections you see
00:01:49
that page right here let's see how far
00:01:52
off from reality those projections were
00:01:56
well if we take a look in 2023
00:02:00
total revenue was not 130 million total
00:02:06
revenue was
00:02:07
$4.1 million in
00:02:11
2023 total revenue for the entire year
00:02:15
and the company lost over $58 million in
00:02:21
2023 a loss of 58 million on just 4.1
00:02:26
million in Revenue now remember that
00:02:28
last page I showed you where it has the
00:02:31
projected Revenue in 2024 of
00:02:35
$835 million well let's take a look at
00:02:40
what the headlines were recently the
00:02:43
company behind former president Donald
00:02:45
Trump social media platform truth social
00:02:49
reported a net loss of $16.4 million in
00:02:53
the second quarter on Friday Revenue
00:02:56
fell in the second quarter to 83
00:03:01
36,900 from 1.19 million a year earlier
00:03:05
a 30% decline right there but if you
00:03:09
take a look at the year so far in 2024
00:03:13
the entire year the company reports
00:03:18
$343 million in total losses this year
00:03:23
we're talking about 800 or so in 826
00:03:28
th000 in Revenue last quarter the
00:03:30
quarter before that was right around the
00:03:32
same so of course the revenue nowhere
00:03:36
near
00:03:37
834 million or whatever it is and
00:03:41
there's been a
00:03:43
$343 million loss the projections cannot
00:03:47
be further from the reality right in
00:03:50
there and you can take a look right now
00:03:53
at the uh consolidated financial
00:03:55
statements right here and you can see
00:03:57
the losses for yourself you can see the
00:04:01
um very little Revenue that's um been
00:04:04
made for yourselves I mean we're talking
00:04:06
about Trump media right now making less
00:04:10
Revenue than like a single McDonald's
00:04:14
franchise that's perhaps in your
00:04:16
neighborhood and let's be clear that
00:04:19
franchise e is not making or not losing
00:04:24
hundreds of millions of dollars and
00:04:26
probably not losing money let's just go
00:04:28
through this deck right here but I think
00:04:31
it's important that what we frame this
00:04:33
as is remember what fox propaganda and
00:04:36
all the right-wing propaganda media
00:04:38
tries to tell us their whole entire
00:04:41
thesis for Donald Trump is he's a
00:04:44
businessman and we need to run our
00:04:47
country like a business right that's
00:04:50
what they say and then they interview
00:04:52
people at the Trump events who parrot
00:04:54
that propaganda like this let me just
00:04:56
show you people at the event here play
00:04:58
this clip need the to be run like a
00:05:00
business Donald Trump's an excellent
00:05:02
businessman and when he was our
00:05:05
president it was run like a business
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most clothes are uncomfortable or too
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really are not to mention the annoyance
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of trying to put a good outfit together
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that's why it's important that we go
00:07:28
over um we go over the investment deck
00:07:32
like this and show you the investor
00:07:34
presentation and we say okay this is how
00:07:36
you want to run America could you
00:07:39
imagine if our stock market was down
00:07:43
right now
00:07:44
75% look I know that Donald Trump makes
00:07:48
posts like this um over and over again
00:07:51
he says it's crashing it's crashing I
00:07:53
told you so I told you this was going to
00:07:56
happen he tries to create Panic right he
00:07:59
made a selfie video of himself uh just
00:08:03
yesterday he made a selfie video of
00:08:05
himself saying this Cala crash we're
00:08:09
going to have a crash like 1929 if she
00:08:13
gets in it will not be pretty thank you
00:08:16
let's stick with the data okay with
00:08:19
Biden Harris the stock market if you
00:08:22
want to look at the Dow the SNP the
00:08:25
NASDAQ basically up 50 to 55% or so
00:08:29
since Donald Trump left office on the
00:08:32
other hand since March over the past 6
00:08:36
to n months or so Trump media is down
00:08:39
75% could you imagine what that would
00:08:42
mean for our country if our markets were
00:08:45
down
00:08:47
75% it would remind me of what it was
00:08:49
actually like when Trump was in office
00:08:51
where was the toilet paper lines miles
00:08:55
long for food banks um Donald Trump
00:08:59
bragging about um all of the publicity
00:09:02
he's getting from press conferences as
00:09:04
he tells us to inject bleach into our
00:09:07
arms as we see on the side of the screen
00:09:10
traveling morgs and mass Graves that's
00:09:13
what was happening in 20120 I remembered
00:09:16
vividly it's why I quit where I was
00:09:18
working to work on mightest touch
00:09:20
basically full-time okay here's the
00:09:22
investor presentation Trump Media Group
00:09:25
Digital World acquisition Corp and the
00:09:27
first page you have the chairman and CEO
00:09:30
Patrick Orlando is advertised to
00:09:33
investors well where's Patrick Orlando
00:09:35
now well in true Trump fashion Patrick
00:09:38
Orlando is suing Trump media and he
00:09:42
accused Trump media of engaging in
00:09:44
corporate Espionage to destroy him Trump
00:09:49
media suing him lawsuits in Florida
00:09:51
lawsuits in Delaware lawsuits everywhere
00:09:55
so see you later Patrick Orlando also
00:09:59
Patrick Orlando and digital world
00:10:02
acquisition company had to admit that it
00:10:04
was involved in financial misconduct
00:10:08
with Trump media to the SEC for engaging
00:10:11
in improper Communications and had to
00:10:14
pay a
00:10:15
settlement take a look at this right
00:10:17
here Trump media and Technology Group
00:10:20
out a glance look at how Trump was
00:10:22
trying to protray truth social the comps
00:10:26
the comparisons were Netflix
00:10:29
Disney and iHeart and Twitter and
00:10:33
Facebook and it said that truth social
00:10:35
was going to be as big as Netflix Disney
00:10:38
and iHeart those were the comps right
00:10:41
there and as you go through the deck
00:10:43
they talk about an inclusive big tent
00:10:47
approach that Trump media was going to
00:10:49
have you think that they've implemented
00:10:51
an inclusive big tent approach and so
00:10:55
they show Trump's following on Twitter
00:10:57
Facebook and Instagram and then they
00:10:59
compare that in this investor deck to
00:11:02
the total subscribers on Netflix Twitter
00:11:05
and iHeart to try to say that all of
00:11:08
those people are going to become what
00:11:10
paid members of a trump media platform
00:11:13
and that there's going to be billions of
00:11:15
dollars that are going to be made again
00:11:17
those are the comps again another page
00:11:20
right here of comps and the types of
00:11:22
Revenue Netflix 27.5 billion in Revenue
00:11:27
iHeart 3.2 billion in Revenue Twitter
00:11:30
$4.8 billion in Revenue now as a way to
00:11:34
kind of justify Donald Trump's business
00:11:37
success it goes history of Trump's
00:11:40
entertainment successes and this is what
00:11:43
they're saying are his big successes
00:11:45
right they can't really mention other
00:11:47
businesses because he pretty much
00:11:49
bankrupted most of his other businesses
00:11:52
so here's what they were selling to
00:11:53
investors Apprentice wins for NBC
00:11:57
Apprentice top CSI NBC renews Apprentice
00:12:01
ratings NBC Miss Universe Pageant top
00:12:05
Sunday in demographic Donald Trump sells
00:12:09
Miss Universe to WME IMG so the history
00:12:13
of his successes is saying The
00:12:15
Apprentice and Miss Universe and Miss
00:12:18
Universe ratings and Miss Universe
00:12:21
selling take a look right here another
00:12:23
page of this deck that we got our hands
00:12:25
on showing a comparable company analysis
00:12:29
and again they try to compare Trump
00:12:32
media to you know Facebook and Netflix
00:12:35
and companies like that um it then talks
00:12:38
about on this page Financial projection
00:12:41
assumptions and it assumes that the
00:12:44
total users of Truth social is projected
00:12:47
to reach 81 Million by
00:12:50
2026 based on the results of a
00:12:53
2021 political poll of registered voters
00:12:58
well I mean that's why I say really
00:12:59
can't trust polls if that's actually
00:13:01
what it said because I don't even think
00:13:03
they're getting close to again I have to
00:13:06
go check it again I don't think they're
00:13:07
getting 10 million views yet alone users
00:13:11
in a 30-day period the last time I think
00:13:13
I looked at it midest touch YouTube was
00:13:15
getting like two or three times as many
00:13:18
viewers in 48 hours than Trump media in
00:13:22
an entire month period was the last
00:13:25
thing was the last thing I saw right
00:13:27
there and then take a look at the pro
00:13:29
Pro former Revenue projections right
00:13:31
there and again you see in 2023 $114
00:13:35
million in Revenue 2024 835 next year
00:13:40
2025 the projection is 1.8 billion and
00:13:44
then 2026 they're estimating
00:13:47
$3.6 billion and as I told you when you
00:13:51
looked at it they've lost about $330
00:13:54
$340 million this year and I don't think
00:13:57
they've cleared 2 million
00:14:00
in Revenue this year now one of the
00:14:02
things that I was showing was Trump's
00:14:04
own Auditors warned that the losses rais
00:14:08
substantial doubt about the ability of
00:14:11
trump media to even continue remember
00:14:14
over a year ago I was going through the
00:14:16
auditor's report by the way the auditor
00:14:19
um basically entered into an agreement
00:14:22
with the secc for engaging in fraud as
00:14:25
well and the auditor had to be replaced
00:14:27
but here's what the auditor reports said
00:14:30
as discussed in note two to the
00:14:31
financial statements the company's
00:14:34
operating losses rais substantial doubt
00:14:37
about its ability to continue as an
00:14:40
ongoing concern it says it right there
00:14:44
that it's unable likely unable to
00:14:46
continue as an ongoing concern and now
00:14:48
when you want to add to this you have
00:14:52
Donald Trump bringing in a Maga
00:14:54
Republican Devin Nunes and then he's
00:14:57
doing what these magas do blaming other
00:15:00
people we're I'm demanding that the
00:15:02
magas in the House of Representatives
00:15:04
that they look into this there's a lot
00:15:07
of suspicious things remember a while
00:15:09
back when Deon Nunes said that by the
00:15:11
way Devon Nunes it appears has been
00:15:13
dumping his stock to try to cash in as
00:15:16
well here's what Trump media CEO Devon
00:15:19
Nunes said that there needs to be
00:15:21
Congressional investigation said this a
00:15:23
few months back which I was saying hello
00:15:25
another red flag about where this is
00:15:27
going play this clip you know I spent my
00:15:30
uh career in Washington doing some of
00:15:31
the most complicated
00:15:33
investigations uh that that there's ever
00:15:35
been in Washington some of the biggest
00:15:36
scandals that there were and so if
00:15:39
people are screwing with this stock
00:15:41
we're not playing games with them we're
00:15:42
going to find out because you know we
00:15:44
know that with our retail shareholder
00:15:46
base we're not you know we're not stupid
00:15:48
here we know that all the big banks in
00:15:50
this country uh are not going to
00:15:52
recommend our stock they're not going to
00:15:53
put it into their fund so we're relying
00:15:55
on retail investors to invest in the
00:15:58
stock that's okay that's not a problem
00:16:00
but if the big Banks and the trading
00:16:02
companies don't actually have the shares
00:16:05
to short that's a big problem so if they
00:16:08
think they're going to screw with us and
00:16:09
they think we're not going to figure out
00:16:11
I you know figure it out I got I got
00:16:12
news for them we're going to come after
00:16:14
them amen and this is what he said as
00:16:17
well play this clip we're here to defend
00:16:20
our retail shareholders like I don't
00:16:22
give a damn if Wall Street doesn't want
00:16:23
to support us in fact we welcome it but
00:16:25
we have millions of retail shareholders
00:16:27
or we have millions of of people around
00:16:29
the Glo or in the United States we have
00:16:31
hundreds of thousands of retail
00:16:32
shareholders we don't have any
00:16:34
institution zero zero Wall Street money
00:16:36
that's okay but when you see irregular
00:16:39
Behavior occurring where it looks like
00:16:41
our retail shareholders could be taken
00:16:44
advantage of which is what many of our
00:16:46
shareholders believe and if they call me
00:16:49
or they contact us we have a
00:16:51
responsibility to reach out to the to
00:16:53
the NASDAQ to say hey we're seeing this
00:16:55
we're going to get to the bottom of it
00:16:56
if there is if there's not the OB VI
00:16:59
response if you think there's nothing
00:17:01
wrong you say there's nothing wrong you
00:17:05
don't go out and and basically attack me
00:17:08
personally you basically just say hey
00:17:11
there's nothing wrong we we'll love to
00:17:12
work with you and that's how it should
00:17:14
be done so since they're making the
00:17:17
personal attacks uh if we continue to
00:17:19
show up on these lists and it appears
00:17:21
like there's unusual activity you can be
00:17:23
damn sure that this investigation will
00:17:26
continue and that'll include if we have
00:17:28
to to go to the Congress if we have to
00:17:31
take legal action we will do whatever it
00:17:33
takes to defend our retail investors and
00:17:36
what's at the heart of all of this Chris
00:17:38
remember at the beginning of the week
00:17:41
Joe Biden mentions true social and our
00:17:44
stock price isn't that weird that
00:17:47
happened at the beginning of the
00:17:49
week I saw that now the last thing I
00:17:52
want to show you again is if you went
00:17:54
through the SEC disclosures by Trump
00:17:58
media you would see that one of the
00:18:00
required disclosures that Trump media
00:18:03
has to make is the bankruptcies that its
00:18:07
founder had in the past the SEC requires
00:18:10
that for publicly traded companies so
00:18:13
here is the disclosure that had to be
00:18:15
made a number of companies that were
00:18:17
associated with Trump have filed for
00:18:20
bankruptcy there can be no assurances
00:18:22
that Trump media will not also become
00:18:25
bankrupt this is from Trump's filing
00:18:28
enti associated with Trump have filed
00:18:30
for bankruptcy protection the Trump Taj
00:18:33
Mahal which was built and owned by Trump
00:18:35
filed for chapter 11 bankruptcy in 1991
00:18:38
the Trump Plaza the Trump Castle The
00:18:40
Plaza Hotel all owned by Trump at the
00:18:42
time filed for chapter 11 in 1992 thcr
00:18:47
which was founded by Trump in 1995 filed
00:18:50
for chapter 11 in 2004 Trump
00:18:52
entertainment Resorts the new name given
00:18:54
to Trump hotels and Casino Resorts after
00:18:57
its 2004 Bank bankruptcy declared
00:18:59
bankruptcy in 2009 while all of the
00:19:02
foregoing are in different businesses
00:19:04
than Trump media there can be no
00:19:06
guarantee that Trump media will exceed
00:19:08
the performances of these entities that
00:19:11
went bankrupt and then here's another
00:19:13
disclosure that Donald Trump made a
00:19:16
number of companies that had license
00:19:18
agreements with Trump have failed there
00:19:20
can be no assurance that Trump media
00:19:22
will not also fail Trump shuttle
00:19:25
launched by Trump in 1989 defaulted on
00:19:28
its loon in 1990 and ceased to Exist by
00:19:31
1992 Trump University founded by Trump
00:19:34
in 2005 ceased operation in 2011 amid
00:19:38
lawsuits and investigations regarding
00:19:40
the company's business practices Trump
00:19:42
vodka a brand of vodka produced by
00:19:45
drinks America under license from Trump
00:19:48
was introduced in 2005 discontinued in
00:19:51
2011 Trump mortgage LLC a financial
00:19:55
services company founded by Trump in
00:19:57
2006 ceased operation in 07 go trump.com
00:20:01
a travel site founded by Trump in ' 06
00:20:04
ceased operation in ' 07 Trump Stakes a
00:20:07
brand of steak and other meats founded
00:20:09
by Trump and 07 discontinued sales two
00:20:12
months after its launch while these
00:20:13
businesses were in different Industries
00:20:16
than Trump media there can be no
00:20:18
guarantee that Trump media performance
00:20:20
will exceed the performance of these
00:20:22
entities I just laid it out there for
00:20:24
you folks that's Trump in his own words
00:20:26
you see what's happening to Trump media
00:20:28
and again I do not want our country
00:20:32
being run like the way he runs his
00:20:35
companies that's one of the things he's
00:20:37
a loser he's not a good business person
00:20:40
he's not a builder his whole life the
00:20:43
data reflects that he's a destroyer he's
00:20:46
screwed workers wherever he goes and
00:20:49
finally just take a look at what Goldman
00:20:50
Sachs is saying under trump our GDP
00:20:54
would be in shambles much lower than
00:20:57
what it would be under vice president
00:20:58
president kamla Harris every single
00:21:00
metric right now economic wise our
00:21:04
country is doing better it's just the
00:21:06
data lower unemployment wages are up job
00:21:11
growth is up energy independent for like
00:21:15
the first time our economy is growing
00:21:18
faster than any other G7 Nation right
00:21:21
now our inflation is more under control
00:21:24
than any other G7 Nation right now and
00:21:27
by the way Trump was the one who added 8
00:21:29
billion of debt cuz he runs things like
00:21:32
this he runs things like a loser and you
00:21:34
see how he's doing it take all of that
00:21:37
data you can show this video to your
00:21:39
Maga friends or whoever CU I'm just
00:21:41
going through the facts folks hit
00:21:43
subscribe let's get to 4 million
00:21:46
together love this video make sure you
00:21:47
stay up toate on the latest breaking
00:21:49
news and all things midest by signing up
00:21:51
to the midest touch newsletter at midest
00:21:53
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00:21:55
[Music]
