On February 14, 2025, President Trump established the Energy Dominance Council and issued an executive order barring federal funding to schools with COVID-19 vaccine mandates. Trump Media & Technology Group (TMTG), operator of Truth Social, reported a net loss of $400.9 million for 2024, despite its stock nearly doubling in value following the presidential election. The company attributes the loss to merger-related legal fees and reduced advertising revenue. TMTG, which boasts significant cash reserves, plans to explore future mergers and acquisitions to diversify its holdings.
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During his Senate confirmation hearing, Kash Patel denied promoting QAnon, a claim directly contradicted by years of public support for the movement. His actions, including social media engagement, podcast appearances, and even creating a Truth Social trend, demonstrate a clear connection to and promotion of QAnon. Patel’s efforts to integrate QAnon into Trump Media & Technology Group’s messaging strategy further underscore his involvement. This contradicts his testimony and reveals a significant conflict between his public statements and actions.
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Trump Media & Technology Group awarded 25,946 shares of its stock to six board members, including FBI director nominee Kash Patel and Donald Trump Jr., at no cost. These shares, valued at over $779,400 based on Tuesday’s closing price, were granted as compensation for services rendered since the company’s March IPO and are subject to vesting restrictions. The award was disclosed hours after Patel’s Senate confirmation hearing. This action has drawn criticism amidst concerns regarding potential conflicts of interest within the Trump administration.
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I can’t help but feel a sense of vindication as I reflect on the recent news that a pro-Trump media firm abruptly folded after their Russia scheme was exposed. For years, I have been sounding the alarm, pointing out the blatant ties to Russian propaganda that seemed to permeate every aspect of their content. From the glowing praise of Putin to the constant stream of pro-Russia talking points, it was evident that there was something deeply troubling at play.
The fact that individuals like Tim Pool and Ben Johnson were receiving hefty sums of money from a foreign government to push a specific agenda is not only disturbing but also a clear betrayal of the principles of journalism and democracy.… Continue reading
Trump Media, the brainchild of former President Donald Trump, has been making headlines recently for all the wrong reasons. The company reported a staggering loss of $327.6 million in the first quarter of 2024, with only $770,500 in revenue. As a result, Trump Media’s stock dropped by more than 10%.
The numbers are mind-boggling – how can a company with such meager revenue incur such massive losses? The expenses seem disproportionate to any rational business model, leading to speculation about where the money is going. The fact that the losses are attributed to non-cash expenses only adds to the mystery surrounding the company’s financials.… Continue reading
The accounting firm that Trump hired for his media firm’s IPO has been caught red-handed, copy-and-pasting previous audits and forging dates. This firm, BF Borgers CPA PC, owned by Benjamin F. Borgers, misspelled his own name in regulatory filings, raising even more questions about their credibility. It’s baffling to think that such blatant fraudulent activities were happening right under the nose of one of the most powerful individuals in the country.
The fact that Trump, the man who claims to hire only the best, chose such a shady accounting firm speaks volumes about his own ethics and values. It’s either sheer incompetence on his part or a deliberate act of deception, either way, it reflects poorly on him.… Continue reading
Trump Media shares have taken a nosedive after the company announced plans to issue additional DJT stock. As an onlooker, it’s no surprise to see the stock plummeting, down 14% as of 9:53 AM. It seems like this isn’t your typical stock market situation; rather, it feels like a way to potentially bribe Trump if he wins in November. I can’t help but feel a mix of pity and disbelief for those who invested in this hyped up penny stock, only to see it shed another 10% in value. The situation seems almost comical if it wasn’t so tragic for the unsuspecting shareholders caught in the scheme.… Continue reading
John Q. Hosedrinker 
Matt Underwood