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Oct 20 - trump......plans to launch new maga social media network in 2022



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 1 month ago '09        #1
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messy marv stan  topics gone triple plat - Number 1 spot x73
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Oct 20 - trump......plans to launch new maga social media network in 2022
 

 
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visit this link https://www.axios.com/tru .. 8e22d090c.html


Former President Trump on Wednesday announced plans to launch a social media network called "Truth Social," and that it would go public via a SPAC.


image Why it matters: Most ex-presidents are focused on their legacies, by creating presidential libraries or engaging in philanthropic endeavors. Trump, however, remains consumed by social media.

Between the lines: Details, such as who will be company CEO, are scarce.

The SPAC is led by Patrick Orlando, who has raised several SPACs but has yet to successfully use one to take a company public. He did have one deal signed, with a company called Giga Energy, but it was called off before being consummated

The SPAC has not yet filed an 8-K detailing merger details. A Trump spokesperson said she doesn't know when it will be filed. Such paperwork is necessary for any deal to proceed. [Update: A spokesman for the SPAC says that it has been filed, apparently after hours, which means it should become available early Thursday morning on the SEC.gov website]

The SPAC has $293 million in a*sets, but that amount could be reduced if investors dislike the deal and choose to redeem their units.


Details: The holding company for the app is called Trump Media & Technology Group (TMTG).

It plans to launch a subscription streaming service called TMTG+. This is the one area where we have an exec name: Scott St. John, former executive producer of both “Deal or No Deal’ and “America’s Got Talent."

A 22-page pitch-deck looks very familiar, and in at least one case identical, to a pitch-deck Axios reported on earlier this year.

Of note: The group says its mission is "to create a rival to the liberal media consortium and f*ght back against the 'Big Tech' companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America."

Social media censorship has become one of his biggest talking points, even before mainstream social apps banned him following the Capital insurrection

The company says that Truth Social plans to begin its Beta Launch for invited guests in November 2021, and that a nationwide rollout is expected in the first quarter of 2022.

Be smart: Don't pay attention to the potential $1.7 billion valuation listed in the press release. That figure is based on unspecified price increases to a stock that hasn't even successfully listed yet.

The big picture: Trump has been trying to build an alternative social media network for many months.


image In July, Jason Miller, a former aide and close adviser to Trump launched a new social app called “Gettr." It launched without Trump's participation after the two parties couldn't come to a deal

“Congratulations to President Trump for re-entering the social media fray!" Miller said in a statement. "Now Facebook and Twitter will lose even more market share."

In March, Axios reported that Trump's team had been in contact with FreeSpace, a small and nascent social app to build its own social network. It's unclear what happened to those talks.

Bottom line: There are not yet enough details to suggest that this deal has much legitimacy.
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57 comments
 

 1 month ago '20        #2
Xiox  topics gone triple plat - Number 1 spot x1
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Another money grab scheme
+17   

 1 month ago '11        #3
Sin  topics gone triple plat - Number 1 spot x40
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what's the spac ticker.... for research purposes
+7   

 1 month ago '20        #4
CRKmarrss 
Props total: 279 279  Slaps total: 65 65
He's definitely going to charge
This guy is a textbook crook.
+21   

 1 month ago '04        #5
erickonasis  topics gone triple plat - Number 1 spot x4
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Called the Truth
+16   

Top 10 most slapped recently  1 month ago '16        #6
foshoVoodoo  topics gone triple plat - Number 1 spot x54
Props total: 117787 117 K  Slaps total: 23218 23 K
+7   

 1 month ago '21        #7
MacJokerJones 
Props total: 2722 2 K  Slaps total: 1688 1 K
its already been hacked hahaha

Trump's Truth Social Hacked Within Hours of Announcement


+13   

 1 month ago '04        #8
erickonasis  topics gone triple plat - Number 1 spot x4
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 MacJokerJones said
its already been hacked hahaha

Trump's Truth Social Hacked Within Hours of Announcement


+8   

 1 month ago '20        #9
Abso 
Props total: 19113 19 K  Slaps total: 2346 2 K
What a d*ck ridin f*g**t dat luvs da attention
+8   

 1 month ago '15        #10
BrotherMan  topics gone triple plat - Number 1 spot x5
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"We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced," he wrote. "This is unacceptable."


+9   

 1 month ago '07        #11
240ka  topics gone triple plat - Number 1 spot x1
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Another L incoming
+6   

 1 month ago '11        #12
Sin  topics gone triple plat - Number 1 spot x40
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+2   

 1 month ago '18        #13
SFamilyRep  topics gone triple plat - Number 1 spot x4
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 MacJokerJones said
its already been hacked hahaha

Trump's Truth Social Hacked Within Hours of Announcement


+3   

 1 month ago '04        #14
erickonasis  topics gone triple plat - Number 1 spot x4
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 BrotherMan said
"We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced," he wrote. "This is unacceptable."


He ain’t been silenced

Put his a*s in jail then he’ll really be silenced
+11   

 1 month ago '19        #15
Big Gurthy  topics gone triple plat - Number 1 spot x3
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 Sin said

Everyone should be making money off of these weirdos
+6   

 1 month ago '11        #16
Sin  topics gone triple plat - Number 1 spot x40
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 Big Gurthy said
Everyone should be making money off of these weirdos

+2   

 1 month ago '21        #17
MacJokerJones 
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It gets better look at this lol





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 1 month ago '15        #18
BrotherMan  topics gone triple plat - Number 1 spot x5
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 Sin said

Yoooo sh*ts up 173.49%


+4   

 1 month ago '17        #19
Naga Sadow  topics gone triple plat - Number 1 spot x20
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Trump motto: if at first you don't succeed, fail, fail, fail again.

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 1 month ago '19        #20
slicktheruler  topics gone triple plat - Number 1 spot x1
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"Truth Social,
You say? This coming from the Alternative truth-sayer? Man, Christmas is really coming early for these Magats.


+4   

 1 month ago '21        #21
MacJokerJones 
Props total: 2722 2 K  Slaps total: 1688 1 K
“Truth” in Russian is “Pravda” the name of the official state issued newspaper of the communist party of the Soviet Union ��

Trump sure does know how to play to his constituents
+8   

 1 month ago '17        #22
S PHX GOD 
Props total: 55288 55 K  Slaps total: 7861 7 K
 erickonasis said
Called the Truth
PP rolling in his grave, smh
+4   

 1 month ago '04        #23
Chronos  topics gone triple plat - Number 1 spot x6
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Didn't this dude try to ban TikTok because of a Chinese spying operation and now he's working with a Chinese partner
+10   

 1 month ago '11        #24
Sin  topics gone triple plat - Number 1 spot x40
Props total: 167215 167 K  Slaps total: 23282 23 K
 BrotherMan said
Yoooo sh*ts up 173.49%



+3   

 1 month ago '19        #25
slicktheruler  topics gone triple plat - Number 1 spot x1
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In historical messianism, the reign of the Messiah is brought about by a Jewish ruler powerful enough to gather the Jewish exiles back to the land of Israel, reestablish a Torah government there, and rebuild the Temple of Jerusalem.

In MAGALand messianism, the reign of the Messiah is brought by an Orange ruler lethargic enough to gather the Magats deplorable back to the "Good Ole' Days", reestablish a 30 ft high fence, and make Murrica great again.
+6   



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