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The John Batchelor Show

#TruthSocial: The reports of #TruthSocial's demise are greatly exaggerated as the plattform prepares to come to market. #DevinNunes, CEO #TruthSocial.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 23 March 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

#TruthSocial: The reports of #TruthSocial's demise are greatly exaggerated as the plattform prepares to come to market. #DevinNunes, CEO #TruthSocial.

"On Friday morning, shareholders of Digital World Acquisition Corporation (DWAC)—which is a SPAC, or special purpose acquisition company—approved a long-delayed merger with Trump Media & Technology Group—unlocking significant resources for the expansion of Truth Social and also perhaps providing Trump himself with a major payday worth several billion dollars."

https://www.breitbart.com/politics/2024/03/22/establishment-media-fail-again-as-trumps-truth-socials-big-merger-approved/

1915 J.P. Morgan Office 23 Wall Street

Transcript

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0:00.0

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0:28.0

This is the Friends of History Debating Society.

0:31.0

I'm John Batchewler with

0:32.0

Devon Noonis, the CEO of Truth Social,

0:35.0

where the First Amendment is practiced routinely.

0:38.1

And after two years, I believe it's two years, Devon will correct me of headlines predicting that Devon and True Social

0:47.2

would disappear into the ether. True Social is now a success. How do I know this? Because Wall Street says it's a success. And Wall

0:56.6

Street is always right. Devon, the two years of headlines, do you believe that they helped you in any fashion keeping you in front of the

1:06.5

public so that the public was eager for your success? Is that possible?

1:12.1

Well, John, I don't think anybody would argue that the way that True Social has been treated

1:17.5

by the process where we've been trying to become a public company merging with a what's called a

1:25.2

SPAC, a special purpose acquisition company. This is not the way the

1:29.5

government's supposed to run. This is not the way deals are supposed to get done. But the good thing

1:35.4

about this is that you had committed shareholders that had invested in this back over two years ago wanting to own a piece of true

1:47.7

social and look it's it's not been pretty it's not been fun it's totally inappropriate the way

1:56.6

that that we've been treated but the fact of the matter is we got it done and when we've got a great base of shareholders we have a great platform and you know this

...

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