Elon Musk sent a letter today to Twitter ending the agreement to purchase the company based on what Musk believes to be deal terminating issues. An attorney for Elon Musk sent a letter to the Twitter board Friday informing them of Musk’s intention to terminate his $44 billion buyout of Twitter due to alleged lies about the number of bots, spam accounts and other issues. Musk has not directly commented on the termination as of publication of this article. UPDATE: … Continue reading
Musk shared in his letter to Twitter: Mr. Musk is terminating the Merger Agreement because Twitter is in material breach of multiple provisions of that Agreement, appears to have made false and misleading representations upon which Mr. Musk relied when entering into the Merger Agreement, and is likely to suffer a Company Material Adverse Effect (as that term is defined in the Merger Agreement). TRENDING: Elon Musk Sends Letter to Twitter Terminating $44 Billion Buyout Bid …UPDATE: Twitter to Sue to Enforce Deal
As TGP mentioned before, messing with the SEC is like messing with Sasquatch. You best not do it.
Filings with the SEC must be perfect. To misrepresent numbers or assertions in the filings is a very big deal. Companies have gone bankrupt for doing so. This was explained in a prior post. TWITTER FACES FINANCIAL NIGHTMARE – Must Prove It Didn’t Lie in SEC Filings About Only 5% Bots – Elon Musk Is Waiting – Newsweek Reports Biden Account May Be 50% Bots (Having overseen the financial reporting for a billion-dollar entity, this comes with some experience, never report bad numbers to the SEC. Ever. Investors depend on numbers filed with the SEC and false or fake numbers can impact their decisions. Investors could use this against the company if the stock […]
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Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our new GiveSendGo. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.
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I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.
For those who have the means and just want to help keep the mission of spreading a conservative, Christian message to the nation, please consider a generous donation.