All right, apes. Once again, ask and you shall receive. We've been getting quite a lot of inbound

requests to cover the famous or perhaps infamous, definitely notorious, Trump Media and Technology Group Corporation. Yes, that is the company's official legal name, which to me is a joke in and of itself. But when we actually start to break down the company a little bit more, it just gets funnierer and funnierer. So stay tuned because we'll be doing that in just a quick second. Most of the time, myself and you guys watching, we're the true degenerates in the conversation, but here I think it's the company.

Their degeneracy outpaces anything that I've ever seen before, and so we're going to be breaking that out for you guys right here in just a quick second. We don't like to get political over here at the peel, but we do want to give the people what they want. We're a company of the people and some just like our Palantir video,

which go check that out if you haven't already, by the way.

We want to make sure that we're covering tickers that you guys are interested in. So make sure to drop us a comment down below. Let us know what companies you want to see covered next, and we'll get it out for you as soon as we possibly can. Plus, our Palantir video, low key got proven correct a day following the actual publication of that recording. So, you know, not saying that

it's magic or anything, hopefully we can continue the luck going forward, but that one definitely felt pretty good in the moment. So let's go ahead and talk about TMTG here today. Now, to be quite honest with you guys, there's not exactly a whole lot to talk about with TMTG, but we're going to do we can here so. So the most important thing to notice, this company is a joke. This is a meme stock, but hey, at least it is funny. And let's get into what is absolutely hysterical about it right now. So first and foremost, if you've been a shareholder over the past year or so, congratulations, you've made an absolute bag more than tripling your money as we now sit around a 6.7 billion dollar market

cap. That's despite the fact that the company last year generated only $4.13 million in total

revenue. So that's more than a 1,000 times sales estimate there. It's not quite 2,000 times

as it was a couple of days ago, but more than a thousand times sales valuation right there.

That is absolutely ridiculous.

Nobody in their right mind would ever buy a company of that valuation unless it's associated

with their favorite presidential candidate.

Now, of course, this has grown pretty well over the past year or so, but definitely not

to a level that anybody would be impressed with.

Meanwhile, the company has been slashing their R&D expense

in the meantime. I mean, you would think that a technological platform that plans on challenging

the likes of everything from Twitter to Amazon would be investing heavily in R&D. Trump Media

and technology, absolutely not. They reduce their R&D expense by about 28% at the same time

that revenue exploded by nearly tripling.

Now, their interest expense had a lot to do with that as well as this exploded by more than 10x

over the past year or so.

Obviously, that's completely horrendous.

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