Trump's S-4 Filing for the merger of his media company has a very funny section under "Risks Related to our Chairman President Donald J. Trump"

submitted by ActuallyNot from (sec.gov)

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[–]ActuallyNot[S] 5 insightful - 3 fun5 insightful - 2 fun6 insightful - 3 fun -  (2 children)

Headings:

  • Donald J. Trump is the subject of numerous legal proceedings, the scope and scale of which are unprecedented for a former President of the United States and current candidate for that office. An adverse outcome in one or more of the ongoing legal proceedings in which President Trump is involved could negatively impact TMTG and its Truth Social platform.

  • A publicly-traded entity controlled by President Trump has previously been subject to a cease and desist order issued by the Securities and Exchange Commission.

  • A number of companies that were associated with President Trump have filed for bankruptcy. There can be no assurances that TMTG will not also become bankrupt.

  • A number of companies that had license agreements with President Trump have failed. There can be no assurances that TMTG will not also fail.

Trump's people wrote this.

[–]GuyWhite 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Since your only skill is peddling propaganda. Let me man ‘splain.

All stock market investments involve risks, Toots. Investors price the security based on the risks. The price folks are willing to pay for higher risk is less. So the rewards tend to be greater if there is success.

[–]Questionable 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

OK.

[–]GuyWhite 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

Here’s a heading that applies to your propaganda:

In making your investment decision, you should note that we have not authorized anyone to provide any information other than that contained in this proxy statement/prospectus. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. Due to the high profile of our controlling shareholder, President Trump, information in public media that is published by third parties may be misleading and designed to damage the reputation of Digital World and/or President Trump. This information can often be repetitive, with certain narratives being recycled without new evidence, further negatively affecting the price of our stock and making us a target for investigation by certain agencies.

[–]Alan_Crowe 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (1 child)

I found this, on page 115, about "Free Software", very interesting

TMTG must comply with licenses related to the use of free, publicly-available software incorporated in Truth Social products; failure to do so could cause the loss of the ability to use such software which could in turn adversely affect TMTG’s revenues and results of operations.

In October 2021, Software Freedom Conservancy policy fellow Bradley M. Kuhn accused TMTG of violating the licensing agreement for the free, publicly available software platform, Mastodon. Although any entity can use the code from Mastodon, according to the licensing agreement (AGPLv3), each user of the software must receive “an opportunity to receive the entire Corresponding Source for the website based on that code.” Early users of Truth Social, Kuhn alleged, did not receive the source code.

On October 26, 2021, Mastodon sent a letter requesting that the Truth Social source code be made publicly available in compliance with the license. TMTG has since taken action to resolve this issue by publishing its source code.

TMTG may face similar risks in the future, and failure to comply with such licenses could cause the loss of the ability to use such software, which could in turn adversely affect TMTG’s revenues and results of operations.

[–]ActuallyNot[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

If the code base is open source, they're losing customers and are losing money, it is difficult to understand the high valuing of the company.