In a letter filed with the SEC [SEE HERE], Tesla CEO Elon Musk is threatening to walk away from the agreement to purchase the social media platform Twitter, if the company does not provide transparency on their internal analysis surrounding fake Twitter accounts.
The letter was sent to Twitter and filed with the SEC after Twitter seemingly refused to provide details about how they can verify the accurate number of active user accounts. There is a strong possibility the purchase is now less likely. The full transcript of the letter is below:
[SEC Filing] – Dear Ms. Gadde: We are in receipt of correspondence sent on Twitter’s behalf dated June 1, 2022, responding to Mr. Musk’s request for the data and information described in my letters dated May 25, 2022 and May 31, 2022.
Mr. Musk does not agree with the characterizations in Twitter’s June 1 letter. Twitter has, in fact, refused to provide the information that Mr. Musk has repeatedly requested since May 9, 2022 to facilitate his evaluation of spam and fake accounts on the company’s platform.
Twitter’s latest offer to simply provide additional details regarding the company’s own testing methodologies, whether through written materials or verbal explanations, is tantamount to refusing Mr. Musk’s data requests. Twitter’s effort to characterize it otherwise is merely an attempt to obfuscate and confuse the issue. Mr. Musk has made it clear that he does not believe the company’s lax testing methodologies are adequate so he must conduct his own analysis. The data he has requested is necessary to do so.
As noted, under various terms of the merger agreement, Twitter is required to provide data and information that Mr. Musk requests in connection with the consummation of the transaction. Twitter’s obligations to provide Mr. Musk with information is not, as the company’s June 1 letter suggests, limited to a “very specific purpose: facilitating the closing of the transaction.” To the contrary, Mr. Musk is entitled to seek, and Twitter is obligated to provide, information and data for, inter alia, “any reasonable business purpose related to the consummation of the transaction” (Section 6.4).
Twitter must also provide reasonable cooperation in connection with Mr. Musk’s efforts to secure the debt financing necessary to consummate the transaction, including by providing information “reasonably requested” by Mr. Musk (Section 6.11). Mr. Musk’s requests for user data not only satisfies both criteria, but also meets even Twitter’s narrowed interpretation of the merger agreement, as this information is necessary to facilitate the closing of the transaction.
As Twitter’s prospective owner, Mr. Musk is clearly entitled to the requested data to enable him to prepare for transitioning Twitter’s business to his ownership and to facilitate his transaction financing. To do both, he must have a complete and accurate understanding of the very core of Twitter’s business model—its active user base. In any event, Mr. Musk is not required to explain his rationale for requesting the data, nor submit to the new conditions the company has attempted to impose on his contractual right to the requested data. At this point, Mr. Musk believes Twitter is transparently refusing to comply with its obligations under the merger agreement, which is causing further suspicion that the company is withholding the requested data due to concern for what Mr. Musk’s own analysis of that data will uncover.
If Twitter is confident in its publicized spam estimates, Mr. Musk does not understand the company’s reluctance to allow Mr. Musk to independently evaluate those estimates. As noted in our previous correspondence, Mr. Musk will of course comply with the restrictions provided under Section 6.4, including by ensuring that anyone reviewing the data is bound by a non-disclosure agreement, and Mr. Musk will not retain or otherwise use any competitively sensitive information if the transaction is not consummated.
Based on Twitter’s behavior to date, and the company’s latest correspondence in particular, Mr. Musk believes the company is actively resisting and thwarting his information rights (and the company’s corresponding obligations) under the merger agreement. This is a clear material breach of Twitter’s obligations under the merger agreement and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement.” (LINK)
Twitter CEO Parag Agrawal has said the company has consistently estimated that fewer than 5% of Twitter accounts are fake. Twitter has disclosed its bot estimates to the U.S. Securities and Exchange Commission for years. However, they also caution their estimate might be too low.
The Twitter sale agreement allows Elon Musk to get out of the deal if there is a “material adverse effect” caused by the company. The agreement defines those terms as a change that negatively affects Twitter’s business or financial conditions. Overall, this looks to be a legal issue that will be determined through litigation.
Twitter has a compelling interest against disclosure and transparency, if in the actual number of bots or fake accounts is substantially above their previous estimates. Prior filings with the SEC claimed a particular standard, if that standard is inaccurate by design or flawed analysis, all prior SEC filings by Twitter could be deemed false and subject the company to fines and/or shareholder lawsuits.
It will be interesting to keep watching this play out…
Sunlight is the best disinfectant.
I hope he wins.
Truth Social already has just based on what Musk has forced the public to know regarding Twitter’s conduct and their business model.
It would be icing on the cake if Musk now opens Truth Social account and arranges a tech deal with them to integrate new functions to directly compete against Google/Facebook/etc.
I’d rather Elon come on over to Gab. He certainly won’t be cancelled there, or shadow banned, as Gab doesn’t do that. Everything allowed by law is allowed on Gab, which makes the woke left spit nails in apoplectic rage.
Yes, Jared is going to censor people, already has…
Exactly. Torba is doing great things.
I don’t have an iPhone aka no texting, so I am still waiting to join Truth Social via my email address and laptop. I wonder if Facebook has the bot problem also?
Don’t get an iPhone – ever. That is the way people are bing tracked. I didn’t realize that until I watched 2000Mules. That is really an eye opener to those of us who are sort of behind the times…like me.
Ever wonder why you can’t remove the battery from an ifone?
Is so you cannot turn it off. You can see a screen that says it powering down but they lie.
You don’t need an iPhone to join and use Truth Social.
TS can now be used via your basic PC browser.
https://truthsocial.com
I just don’t see why people need to have “social media” sites. They are not really social sites. Social means get together, and all these sited do is create more problems, they do not bring people together like a true “social” outfit should. All they do is create more division.
There’s nothing wrong with dividing yourself from evil. I think we’ve been propagandized into believing that unity and love is all that matters. This usually means godless leftists calling the shot in culture and Christians and conservatives going along with it. Social media breaks down the wall of niceties so we can know how people truly feel and think.
Would you rather take the blue pill or the red pill? Blue pill is your neighbor smiles in your face one day and the next day votes against liberty and morality at the polls. Red pill is that neighbor vocalizing their leftism and you either attempting to persuade them to your side or cutting them off if they’re too far gone.
If Elon Musk is successful in broadcasting visual and auditory signals directly to your brain, you will all become slaves.
Absolutely agree.
I prefer harsh truth.
That is a foundation that I can work from
A great John Galt speech…please watch.
I’ve watched it 100 times. I was an extra in the movie. I have it on good source that the Daily Wire just signed a deal to make an Atlas Shrugged miniseries. I’m excited to get another chance to bring the message to the masses.
I want Mars to become Galt’s Globe.
Sooner the better.
Do you know with whom the deal has been struck? Certainly not Netflix.
Daily Wire signed with the owner of the rights to Atlas Shrugged to do a mini-series based on the Ayn Rand novel. It happened in the last 24-48 hours. The news has not yet been released to the public. I just happen to be friends with a close family member of the person who signed the deal.
Daily Wire is doing their own content production and distribution now. Most recently Matt Walsh’s “What is a Woman”. They distributed “Run, Hide Fight” as their first foray into distribution and they recently announced they are creating content for children’s programs.
When the law no longer protects you from the corrupt, but protects the corrupt from you – you know your nation is doomed.
Ayn Rand
Let’s make a deal…you show me yours and I will show you mine! That’s simple, or is it? Let’s see, who is the party that is not taking her/his clothes off? Seems to me it is Twitter who is stalling as best they can.
Twitter kills this deal by not exposing their inner formulas, etc. Musk walks away, charges fly, lawsuits filed.
However, where does the stock price of Twitter go? Answer…into the dumpster! Who wins? Musk wins by not buying a bad deal. Is there an ace in the hole here?
Yea, it is us…we win big because we discover how phony Twitter is and has been! The question arises: Who else may fall to the sword of Musk? Look for those who come after Mush…like Mr. Government. Why?
We might find some strange bed fellows in this deal gone sour! Just how far has this cancer traveled? The answer will scare you, unless your name is Hillary or Barack…two malignant narcissists who may be closer than we ever thought possible!
It looks like Twitter would rather have the deal blow up than have to disclose their “ secret sauce “ methodologies
Aren’t they now vulnerable to lawsuits from all shareholders? Either way they are screwed.
Yep. Shareholders have a proper basis for a robust lawsuit if this deal blows up.
Normally yes. But these days it wouldn’t surprise me that Twitter will find a judge who’ll reject their suit, claiming they have “no standing….” or some other ridiculous reason…
No one has standing when Leftist judges cut their legs out from under them.
Only if the law is followed, which seems less likely with each passing day.
They can’t come clean without exposing the source of their “profit model” (read the 5 eyes agencies)
Isn’t this exactly what Twitter wants? To nix the buyout?
Without all the damage caused by revealing the scale of fake followers which directly determine advertising charges.
It could be what Twitter wants; however, with enough sunlight shone on the bot problem the question remains will advertisers like to pay to advertise to bots? Will they trust Twitter’s numbers again? Are the advertisers part of the deep state cabal anyway, hence it doesn’t matter? IDK. I don’t use social media; never have. Closest was ICQ back in the 90’s. Hence, I’ve always boycotted social media and likely most of their advertisers too. If ten million people did the same it might matter. A few outliers? We’re nothing. They can program more bots, heh.
The real question is not ‘how many bots are out there?’
It’s ‘ whose bots are they’?
How many are controlled by the Alphabet agencies and NGO’s of the world?
How many bots are owned and operated by Twitter itself!
Precisely. This is why the Twit is fighting so hard to not give up the data. How many employees are running bots and spam accounts? And how many accounts are they running. I suspect it’s well into the 10s if not 100s of thousands. After all, most of them are sitting at home where nobody can really keep tabs on them.
All that aren’t owned and controlled by the alphabet agencies.
I never went in for mainstream media, social media or poison death shots. There may be a correlation.
The Matrix has brainwashed far too many . Pretty soon their brains will interface directly with 5G technology and their free will cedes to the globalist.
They can run the whole place using bots, and most of the people who use Twit wouldn’t know the difference anyhow. Isn’t that their whole idea….all bots, they don’t have to pay anyone…..bots don’t need money.
Musk will not let them off that easy.
No, he won’t.
It’s gonna be delightfully messy and noisy.
If we’re lucky, it will be exquisitely painful for the Cabal.
Imagine all the distractions they will throw out there to keep us all busy then.
We can multitask.
We can chew gum and kick ass at the same time.
Incidently, we be all out of bubblegum…
I think Twitter is double f***ed. If they can’t demonstrate reasonable proof of the number of active users, they’re potentially liable for fraud in all their dealings with ad buyers, and for securities fraud to shareholders who bought stock in reliance upon the 5% number. Two big potential liabilities Elon has identified, which will drive down the share price dramatically, once for the smaller business model, and a second time for the obligation to litigate and pay off these new liabilities. Depending on how big the bot number is, those liabilities could render Twitter insolvent.
Don’t understand why they should even use any bots. If they were a really good business, they wouldn’t need bots, they would have great real people instead. They are just trying to make themselves look better than they are…..
It was never about being a good business.
It was about creating a good brainwashing Communist tool.
They want to nix the buyout but they don’t want the SEC involved in their inner dealings. And that’s what may well happen.
The involvement and influence of the intelligence agencies is the wildcard factor which makes predicting what happens next hard to guess. But in a completely uncorrupted scenario, the SEC would start looking VERY closely at Twitters past filings. That’s like the IRS finding out you might have been cheating for decades. And they have their own prosecutors and police.
So no, this is exactly NOT what Twitter wants. They want to hide their dirty business and the SEC doesn’t allow dirty business.
“They want to hide their dirty business and the SEC doesn’t allow dirty business.”
Isn’t the SEC now run by a fellow traveler in the DC swamp? You know, “check the wives?” I don’t think the SEC is a watchdog at all, at least not against those alphabet agencies running this sh!tshow.
I keep thinking how Elon Musk has said he is building some kind of big tough legal team.
Interesting he is doing that.
Does he see Twitter and its friends in high places getting ready to maneuver and dodge the legal ramifications of their behavior like so many connected liberals have done in the past?
Does he have this legal team already put together?
I would make a guess he does, or at least one already developed and might be assembling several more with a few who are going to be focused on specific situations that he is seeing coming up.
LOL. Methinks Mr Musk had already run a test to estimate how many fake accounts and bots are out there. Refer to some of his several tweets recently that have had 100’s of thousands retweets and comments registered against them.
Musk is playing very high stakes blackjack with Twitter. I suppose he hasn’t learned yet that the house always wins.
Twitter’s shareholders are the house, and they will not be amused if the stock craters, which it will, if the deal fails…
Think ‘the house’ is made up of 3-letter agencies, shareholders are just the façade for public consumption.
Which is why they put limits on pros and ban “card counters”.. Musk qualifies as both!
Musk himself is his own kind of “house” and is use to taking the big risk.
A lot depends on where you sit at the table and who you are playing against.
Twitter’s claim to Bot count is like Dominions claim to vulnerability. Both are way underestimated and routinely abused.
I never believed that Musk actually wanted to buy Twitter, and I said before that I expect him to back out of the deal. I feel that he’s trolling everyone.
Pretty much what I just posted below you; we were posting at the same time…great minds…lol
He will BUY IT or DESTROY IT, or both.
Twitter already destroyed their own credibility allowing censorship and bots to gaslight everybody on it. Sounds like Twitter is just another commie front in a sea of commie fronts, like mainstream media.
He’ll help destroy it. He won’t buy.
I like how Musk keeps yanking their chain. Haha…who knows what he will do next!
Sounds like another very stable genius we know.😁
Looking more like $10 billion now….and dropping…
Isn’t that what Twitter wants? To keep up the charade and control the digital global narrative?
Does anyone believe that they are engaging with real people at Twitter anymore or is it just Bots?
I think celebs think the fans they have are real 🤷🏼♀️
If he walks away he’ll be doing a lot damage to their brand. Most people already suspected there were a lot of bots. Who will want to invest in a website built on fraud? Twitter may still be propped up by the Deep State but it’s actual users will bail on it to other alternatives and investors will likely pull funding. Overall, Twitter can be renewed with a new purpose or it will be castrated.
Bots are what make Twitter.
It’s part of their biz/weapon model .
Bots are probably half of the traffic or more. Probably a lot more then half.
Some of my most supportive and engaging followers are bots.
Bots are how they black mail celebrities into posting BLM, Planned Parent and other Leftist BS.
If they don’t post support, the bot army is sent out attacking them.
Good point.
The Generals of the Bot Army need to be exposed and their every tactic and campaign laid bare.
Along the lines of how many fake machine algorithms are required to steal elections these days. And that’s quite a lot of faking, as well.
Twitter & disclosure & transparency ……………in the same sentence? Really??
Just more negotiation? What is the next step? Twitter sues Musk, in a Washington DC court, and judge rules ‘fair value’ for Twitter is $500 per share?
“More than half of Elon Musk’s followers on Twitter are fake, according to an online auditing tool. Figures from SparkToro estimate that 53.3 per cent of Mr Musk’s followers are “fake followers” – meaning they are either spam accounts, bots, or no longer active.”
https://www.independent.co.uk/tech/elon-musk-twitter-followers-fake-spambot-b2069527.html
So here’s the problem. It doesn’t matter if Musk followers are partly bot/spam accounts. They’re only there to harass him if they aren’t real. That’s the whole deal about Twitter. Twitter is not an honest platform, in any way, shape, or form. I wouldn’t put it past Twitter to have large revenue from entities who “purchase”, let’s say, xxx,xxx number of accounts for their own purposes, which are automated using artificial intelligence, up to and including various political entities, up to and including the U.S. Government, China, etc. Twitter is just one gigantic, manipulated, marketing scheme, or narrative controller if you like. Twitter’s “customer list” would be highly enlightening, and I don’t mean users. I would like to know where every red cent comes from in granular detail. Twitter is *funded*. It doesn’t earn its keep.
Twitter is one big giant psyop – not a tech company, although it uses tech. I used to think it was a legit platform, until I watched every single account I followed be censored or suspended, including POTUS’ account. If you didn’t groupthink the way they wanted you to, they didn’t want you on the platform. It’s humorous to see who they let stay on their platform and who gets kicked off.
Personally speaking, I don’t think Twitter is salvageable. It is a tool in use by various entities who want to control the narrative. That’s it. I hope Elon knows what he’s doing. He’s playing with fire. Twitter definitely deserves to go down as the trash that it is. I wish Elon the best.
So were Biden’s..
Isn’t that Elon’s point?
Twitter cannot tell the truth. Whatever happens to them can be no worse than the fallout from telling the truth.
It is like everything else the deep state does, it’s fake.
He’s three steps ahead of those stupid, lying, commie bastards.
Either way, Twitter is exposed.
Good on Elon.
https://www.breitbart.com/politics/2022/06/05/trump-endorses-outstanding-kevin-mccarthy-another-term/
Sundance are you going to address the GIANT elephant in the room?? Trump is compromised. Period. He is establishment GOP.
Please help open the peoples eyes and lead the support for a MAGA candidate like Desantis.
What part of all the good things Trump delivered do you not want again? Border wall? Great economy? Getting out of wars? Lots and lots of good things.
Yet the inventor and trademarker of MAGA, the MAGA King, is somehow not MAGA?
Does DeSantis even want to be used in this vile attack?
Quit smearing two great MAGA Patriots.
Great economy? Oh the one before he shut it all down for a flu virus with a 99.8% survival rate. I love the clot shot mr. vaccine developed and gave big pharm liability waiver to experiment on US citizens. Bet you won’t address these facts, maybe more ad-hominem attacks instead..
The idiot has endorsed leftist after leftist and you lemmings are always ready to rationalize the buffoon.
As for border wall.. lol.. Trump signed not one but two huge pork filled spending bills with ZERO money for the walk in them, but they did at least have funding for illegal aliens legal representation.
Keep in mind, the summer of love riots where are cities were burned and lawlessness reigned was allowed by the life long liberal.. i’m wasting my breath, it’s an idolatrous cult at this point.
Scaramucci, Omarosa, Barr, Milley, Coney, Wray, Haspel, Priebus,Romney, McConnell, McCarthy, McCain, Tillerson, Rosenstein, Sessions, McConnells wife Chow, OZ, Murkowski, Mattis….
Ever wonder why “you can’t always get what you want” was played at every rally? How does that fit the vibe at all? Oh, and the famous snake story rubes just love to hear, ever wonder who the snake is in that story?
WAKE UP
I think you need a laxative. You seem a little,
pent up.
“I destroy my enemies when I make them my friends.” – Abraham Lincoln
Hopefully this heaps coals on McCarthy’s head….hopefully.
How do you know DeSantis isn’t compromised?
It’s easier to accept that they all are, in my mind. Don’t get me wrong, I like what DeSantis is doing. I like what Trump did. There’s just no way to know what man will have the guts to have our backs for the long haul.
Just sayin’. I think the answer is, no one, save Jesus Christ.
Absolutely right. There is NO WAY anyone or everyone can ever know till the game is over, and it’s a long way from being over. Personally, I like what Trump did, and tried to do. Since I don’t believe in anyone trying to undo what he did, I’d sooner vote someone else in to take all the sheet he was given for all the time he was in office. Nobody needs to sign up to be sheet on again….and he needs to get rid of his so called “suggester” . When it comes to his picks; he needs to lead with his gut like he did when he did his own things.
.
If he was establishment GOP he’d have never allowed the nation a taste of goodness after obama, along with about 100 other things.
Instead of starting a new party, Trump is running a hostile takeover of the republican party. He’s going to need our help.
Off topic. You’re trying way too hard.
What does this comment have to do with Musk and Twitter?
sounds to me like both are parallel strategies…..from Alinsky’s Rules for Radicals….identify the enemy, fix him in place, launch your offensive by making them play by the rules they have set, ridicule, then destroy them
No. DeSantis needs to remain governor of Florida until he is term limited. He has a lot to teach other states’ governors about federal overreach.
Maybe Musk should just set his eyes on buying the DOJ since it has been for sale for years. It would have to be cheaper than $44B unless there is a bidding war with Big Pharma.
DOJ heck, they are all for sale. He could get them all together cheaper than the twitt.
Twitter is in a bind now. The stock is going to take a dump and they’ve been pretty much exposed as nothing more than an establishment mouthpiece supported by bots. Obama made Twitter and it continues to do his bidding. At least it’s exposed for what it is.
This goes beyond Twitter and Musk. The advertisers have been paying to get ads in front of real people. The media uses Twitter to confirm their bias or prove it is mainstream. Politicians play the Twitter game as if they are talking to real constituents. It may turn out the entire game was people talking into empty rooms. I think they all knew it except maybe the advertisers. They just don’t us to know it. They use the Twitter response like a fake poll to get what they want.
Actually, my bet is that the advertisers knew it all along, but they played the game anyway. After all, corporate America is just as swampy as the government and the elites are!
It also gets more complicated when the advertisers are corporations who have stockholders who do not like the idea of their companies who spent money on ads on twitter with fake accounts.
A whole cascade of upset stockholders start complaining.
Like domino’s, things start to tumble.
And it all started with Elon Musk and his offer to buy Twitter and his insistence of the real number of accounts not Twitters silly insistence that they can just estimate or guess at this number.
Get real Twitter, even my ten year old grand daughter understands that your company is nuts in trying to pull this off.
Wouldn’t be surprised if your were correct. After advertising is a tax deductible expense. So why would they care with all the advertising they do anyhow?
Yes one hand does wash the other. Playing along is a small price to pay for “corporate America” that makes out like a bandit these days. If you can even call them “American” companies anymore.
There can be shareholder lawsuits (they can organize and band together) if the deal falls through because Twitter refuses to disclose this material.
Twitter has a fiduciary duty to their shareholders not to let this deal which would be highly lucrative to the shareholders to fall through.
…it ( truth about fake users, which t w i already admits that there are bots…the accuracy being unproven… )
could also sharply lower
a future re-offer price …
since bots do not buy products…
and advertisers pay for pptential actual buyers of products ( or intended to buy for that reason…but, were they misled by t w i ? ).
When not asked,
signals have been getting swiftly
heard out of the noise,#
( from an entity that likes to censure real people.)
When asked,
someone seems to be slower
on sending a verifiable signal on its own people operations.
It looks like a double standard ( swift or slow in actions…
it depends )
Whom else applies double standards?
Looks like Elon is wanting to pull out of the deal, using any excuse. Trump has already said he won’t be back, EVER. I think Elon already knew the bot numbers were much higher than Twitter has been stating for years. This was always his “out” play.
According to Barron’s,
Musk Deal Clears US Antitrust Hurdle on June 3rd.
Never expect a straight answer from a Democrat.
(AP) Breaking News: Elon Musk has offered to buy the FBI for 100 billion dollars.
There is no word yet if the Clintons will accept.
…obtaining facts on their business model
( are taxpayers getting what is being paid…or is there some under reporting… )
just might get obfuscated
( via…
‘its under investigation, no comment’
line …. )
We could use some trustworthy services…
( including, even though unadmitted
– avoiding political favoritisms
or
coercions)
Like lady liberty…with equal scales of justice…
Imho
And IF the estimate of spam accounts has been deliberately low, for years do advertisers have a cause of action for FRAUD?
Is this the ultimate “poison pill” because although it WILL kill the deal with Musk, it will also kill Twitter?
And, was this where Musk was going, all along? Exposing this fundamental truth about Joes Coffee shop, for all to see, rather than actually buying it, and making it a viable company?
The ‘business model’ for ALL the “social media giants” has ALWAYS been suspect, but over time people just ignored the issue, ‘pretended not to know’, and accepted absurdly inflated valuations with no basis in reality.
Will this, over time have a spill-over effect on Big tech as a whole?
interesting times,..
I frankly don’t know how Twitster can hand over the reins when the most significant portion of its infrastructure and workforce are government assets.
Are they gonna take Elon down to the sub-basements of the NSA and show him how the free coffee is made and by whom?
It surely won’t be free if he’s running the show, but how do they even sell the business if they literally can’t because they don’t even own it?
There’s a lot of zeroes in that Oops…
Sorry I should have scrolled down here to read your post Dutchman.
I was thinking exactly the same thing about the stockholders of the companies who bought advertising space in these companies which inflated the number of their accounts.
Legal reasons for fraud lawsuits, or/or complaints to the SEC?
Was this the real reason for Elon Musk and his “offer” to buy Twitter and go through all of this hulabaloo of the fake accounts and how he wanted the real numbers?
Why try to hide the facts if they are true. I suspect they are not.
It was just posted by Jack Posobiec that AG Ken Paxton has launched in investigation of Twitter. He alleges that the company lied about the number of bots.
Thanks. Good to hear.
Twitter was/is a government run propaganda machine.
Elon knows..he also knows they will take him down, eventually, if he doesn’t expose them first.
Interesting battle…
Personally, I wonder if Musk ever had any real intention of buying Twitter, or if the underlying purpose of all of this, was just to expose Twitter for what it really is. Sundance’s interesting analysis, some time ago, regarding the size of servers needed for ‘comment’ platforms (and who would have that size server), along with a sizable number of fake accounts, censorship, etc., begs the question as to whether this exposure was Musk’s actual, underlying intent. Otherwise, one has to wonder why he would be interested in purchasing a company that is not profitable.
Or maybe to expose the corruption and false bots crashing the price and making it cheaper. Much cheaper.
Here is an article indicating that maybe only 25 percent of usurper Obama’s 18.6 million twitter followers were authentic in 2012. It states that at least 41 percent were fake. So maybe the 25 percent authentic factor is still a good ratio. The article goes on to say that for only $18 you can purchase 1,000 twitter followers.
https://webcache.googleusercontent.com/search?q=cache:i2-5h97EdnYJ:https://www.yahoo.com/amphtml/blogs/right-click/fake-followers-latest-battleground-political-arena-social-media-205708837.html
And here is an article explaining usurper Obama’s twitter followers: They are fake just like he is.
https://www.americanthinker.com/articles/2013/09/obamas_fake_twitter_followers_explained.html
Rush Limbaugh investigated and found out that the thousands and thousands and thousands of twitter “users” that were threatening his advertisers were mostly just bots. He found there were 10 leftist radicals behind the StopRush blackmail ploy. #StopRush was not a grassroots consumer movement. It was created and developed by left wing political organization Media Matters for America Executive Vice President Angelo Carusone.
https://www.rushlimbaugh.com/daily/2014/09/23/the_hidden_story_behind_stop_rush/
Excellent! I had forgotten this completely.
All of these numbers of bots for Musk, Obama, etc.. lend credence to the position that twitter’s 5% bot figure is fraudulent. They’ve got a problem.
I haven’t used twitter for over two years. This morning I went to sign in to cancel my account. We’ll, guess what? My password was changed 46 days ago.
congratulations, you have been promoted to “active user”.
Maybe Twitter active uses are like Biden voters.
“Veritas vos liberabit”
The SEC is rather like the NRC culturally speaking. They take their oversight and regulatory powers SERIOUSLY and they are NOT political. Well the SEC could have some political elements but in the past I know for sure they were NOT political.
Musk is essentially signalling to the SEC they need to look closer into Twitter and their reporting.
Anyone else gets the sense Elon did this to expose the fraud that is the twatter machine?
Was thinking that; along with thinking Elon is friends with Jack who is now no longer on the Board of Directors so is now free and have had the sense for some time now that Elon was looking for a way to get his friend free from the shakedown artists of the 3-letter agencies that funded/provided technology to run that platform –
as if Elon’s moves ‘to buy’ twitter was really a hostage rescue operation.
👍
Twitter is the Mitch McConnell of socmedia
Hit em and get em Elon.
For those who may have missed it, the Department of Homeland Security has just released a finding endorsed by more than 50 intelligence officials. After exhaustive investigation, they have concluded that it is indeed possible that massive numbers of bots could be active on Twitter. However, this is clearly not the case, because Twitter officials would have to be complicit in the creation and operation of the bots. Any accusations or expressions contrary to this fact are obvious misinformation spread by traitors working with Vladimir Putin to destroy our democracy.
Even if Twitter is discovered to have committed massive financial reporting fraud, the SEC will not do anything about it. The SEC is waiting to pounce on Truth Social at the proper time. Twitter will say that it was a “mistake” and all will be forgiven by the SEC. Then John Ratcliffe will tell us to seek justice at the ballot box.
…some can appreciate the insights that it takes
to avoid buying a (masked) wooden-nickel.
“prove all things,
hold fast to that which is good.”
(roman soldier, detained etc anti-jesus followers) Saul,
whom became (believer) Paul and helped followers…
wrote to the Thessalonians 5:21
He was NEVER actually going to buy it. But he did help expose just what an empty suit Twitter is…Twitters only value is globalist using it to manipulate stupid people. (And probably data mining for STATE). Why anyone still uses it is beyond me. Well done Mr. Musk.
I hope he does walk away. Look at all the money they will lose. Maybe then the stupid people who use the the social media will get the idea that maybe they are not so bright to use that particular medium after all. Let them all do down the drain.
Doesn’t Twitter and the CIA want the deal with Elon Musk to fall through?
Twitter under Musk would be a huge victory; I think the Swamp wants the deal nixed, no matter the cost.
Expecting the SEC to do anything regarding the Democrat’s mouthpiece is a fool’s errand. This is the same SEC that is creating ESG requirements for filing. Bots. Nothing to see there.
As for the stock price. Will be interesting to watch. Will the backers of twitter (e.g., Sundance disclosure of the infrastructure needs and likelihood of government assistance) allow it to crater? When Musk started this pursuit and became the largest shareholder, that lasted a day until Blackrock made a large stock purchase and moved past Musk. We should watch to see these types of transactions from entities with close government and globalist ties/interests. Maybe some of the Ukrainian aid comes back for these entities to use in this manner.
Ooooh, good! Uncover all the worms and slimy things hiding under the rocks! Let’s see just how profitable Jack’s coffee shop really is!
Thank you, Mr. Musk!
I find it amusing Twitter thinks it shouldn’t have to provide him this or any other data on the internals of the company. Musk is looking to own it all in the end anyway. Its not a version of Storage Wars where you have to buy it to know what’s in it.
Crazy like a fox.
They were attempting to punish Musk for backing them into a sale they didn’t want to do. Musk has caught them and is looking to turn this on them. I don’t know who it was or when Twitter decided to hide this data from Musk, but I suspect they will eventually cave, in order to protect themselves from fines and lawsuits from users of this useless platform. Musk may have to bail on the deal unless he can get them to lower the share price to a level that he can pay any fines without actual cost to himself. I am still pulling for Musk to get this done, but I don’t know how far Twitter can go before humiliating themselves and then watch their stock prices cratering.