“When will they ever learn, when will they ever learn?” — Pete Seeger
The more things change, the more they are the same. One thing that never changes is that if you do business with Donald Trump, you’re going to get stiffed. This scoop is from Fox Business, of all people. If anybody knows which closets have what skeletons, it would likely be Fox.
Maybe Trump knew this story was coming out and that’s why he melted down for about seven hours straight on Truth Social yesterday. This morning, nada, except yet another reposting of “Nation In Decline” his favorite campaign ad, apparently.
Former President Donald Trump’s social media outfit, Truth Social, is locked in a bitter battle with one of its vendors claiming that the platform is stiffing the company out of more than $1 million in contractually obligated payments, FOX Business has learned.
If the allegations are true, they would suggest that Truth Social’s finances are in significant disarray, people with direct knowledge of the matter say. Internet infrastructure company RightForge is said to be among Truth Social’s largest vendors and creditors, these people say.
In October, RightForge announced it entered into an agreement to host Truth Social, which Trump helped create after he was banned by Twitter following the Jan. 6 riots. RightForge now contends that Truth Social has reneged on its contractually obligated monthly payments for setting up the platform’s web-servicing infrastructure, according to three people with direct knowledge of the matter.
These people say RightForge contends that Truth Social has made just three payments and ceased making any payments since around March. RightForge claims that Truth Social owes it around $1.6 million and is threatening legal action to recoup the money, these people add.
Isn’t that interesting? Truth Social made three payments and then stopped, and its “finances are in significant disarray.” This cannot be said to be unusual, considering that the company was a shell company buying a shell company to begin with. Then there’s the problem of the merger of Truth Social with Digital World Acquisition Corp., which has been put off indefinitely due to pesky problems like a grand jury probe by the Department of Justice and another one by the Securities and Exchange Commission.
I have no insights into the world of high finance but if I had to hazard a guess, I would say that RightForge is going to eat their loss, like everybody else whose path has crossed Donald Trump’s, including the hundreds of thousands of Americans who unnecessarily died from COVID-19 in 2020, while sonny-in-law Jared Kushner was out there publicly touting what a great success Trump’s response had been.
I think Rick Wilson’s axiom needs to be updated, from Everything Trump Touches Dies, to anybody stupid enough to go into business with Trump deserves whatever they get.
corrupt clowns be corrupt clowns
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Wow, big surprise! A Trump org has AFU finances, who’d a thunk it? I hope they stop hosting his website and it goes offline.
I was wondering about that. In the real world, little sites like this one, you pay for the servers or you go dark. Trump has gotten away with murder so far, because that’s his business model, but how long are these people going to carry him? In all seriousness?
About a month more, I hope.
With Trump so busy now, imploding himself and quivering like a fresh plate of orange Jello, sitting calmly on the upper shelf of the refrigerator, until he stops to think how he will survive to the next week without another kindness from MBS for more secret info … His plan to sell secrets for millions has somehow eluded his pile of documents in his basement …
Now that things have gone THIS far, people are understanding the logic of the FBI raid on Mar-O-Golf, many other things are turning transparent, because of all the pursuits in the Jan-06 Committee, the FBI has begun hand shaking with that committee and the DOJ is showing signs of serious indictments in the very near future …
Trump continues to pummel the truth, getting wild with fear and distrust of virtually everybody … He should be reminded of a couple that perished in the gas chamber for doing things like he has done so openly … the treatment of Trump in his life of complete stupidity and gross actions needs a FULL STOP, He cannot slip by the punishment he deserves …
Huge money transactions into Trump’s deep pockets need to be researched, traced and charges filed if even ONE occurred because of his promises to deliver secret info, maybe, if he realizes that some of the things he is doing could lead to a capital crime charge, with the possibility of execution, he would just sit down and STFU …
Waiting for the escort team to show up, would possibly lead to a large cardio event, of course, the possibility of that requires he does indeed have a heart, there has never been one of those found in his world …
Why not file a lawsuit and shut them the hell down?
Everybody believes they can go to the mob run casinos & walk out winners. Despite losing over & over, they keep coming back. Never underestimate the sheer blindness of unbridled greed.
Trump is a cheapskate. Always has been.
‘Everything Trump touches, dies.’
Maybe just not straight away.
You could also toss in the breach of the GPL (Gnu Public License) in that they used open source software, modified it and refused to post the changes
hey i wonder when that good ole fashion thought, “hey hes a yankee, from that new york, we know how those people are”…going to kick in, they couldnt have totally forgotten about that…