Devin Nunes Implodes When Fox Host Asks When Truth Social Will Become Profitable

 

DEVIN NUNES STOPPED SUING COWS? 

DEVIN NUNES didn't run for re-election after the FAKE FAMILY FARM story broke. FOX NEWS = FAKE NEWS LIARS drags out the SWAMP DWELLERS!

Former Republican lawmaker Devin Nunes isn't having much fun as the CEO of Donald Trump's Trump Media and Technology Group. Nunes isn't even able to get help from his friends at Fox News because the company's financial situation is so dire. During a recent interview, Nunes was asked when the company would become profitable, and Nunes couldn't even answer the question with any words that would instill faith in potential investors. Ring of Fire's Farron Cousins explains what's happening. Link - https://www.mediaite.com/tech/trump-m... Check out our merch by visiting our store: https://www.buyrof.com/ Subscribe to our podcast: http://www.ROFPodcast.com Become a member today!:    / @theringoffire   Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!:   / theringoffire   Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content! Support Ring of Fire by subscribing to our YouTube channel:    / theringoffire   Be sociable! Follow us on: Facebook:   / ringoffireradio   Twitter:   / ringoffiremedia   Instagram:   / ringoffirenetwork   *This transcript was generated by a third-party transcription software company, so please excuse any typos. During a recent interview with Fox host Maria Bart Romo, former Republican lawmaker turned CEO of Trump Media and technology, for some reason, Devin Nunes, um, he was asked straight up by Maria Bart Romo, uh, when's the company gonna become profitable? It's a very good question, right? I mean, it's a question that all of the people that are losing tons and tons of money on that stock would love to have answered. Um, by the way, earlier this week, the stock dropped down to $36, which means it has now lost half, half of its value since it was launched just two short weeks ago. So things are looking very bad for Trump media and technology, and Devin Nunes didn't do potential or current investors any favors when he couldn't even give any kind of thing that resembled an answer when asked when the company would become profitable. Instead, here's how that exchange took place. Maria Bar Romo asked, point blank. I was looking at the filing to the Securities and Exchange Commission and the loss. Uh, when would you expect this company to turn profitable again, totally fair question. When you're talking to the CEO of a company, Devin Nunes responded with this very long rambling answer where he said, well, look, it's important to remember, Maria, that those numbers are based on what was the longest IPO in history. So we were overregulated. So if you actually look at the cost that we've built, truth social, our, our beachhead against big tech and impenetrable beachhead that everybody said couldn't be done without using big tech companies, that was billed for a fraction of what many of these big tech dinosaur companies were built for. So even if you take the ridiculous cost that it took us to get to this point, we are well positioned. Why are we well positioned? 'cause we have no debt. We're coming out of this with no debt, a platform that works really, really well, that communities, uh, that communicates to millions of people, and then we have 200 million in the bank. Uh, as you move forward here, we're, we're looking at the entire ecosystem. What, what does it take to make sure that we protect people in the United States and around the globe from these tyrants of big tech who wanna silence them? So we're looking at the whole ecosystem, whether that's through acquiring technology, whether that's through building technology, those are all the issues that we're focused on and including, you know, making sure that we're dealing with like a three year plan here where we can go out and put this whole company together, where we're not relying on big tech there. There's never been a company like this, and we're really the only game in town that can accomplish this. Um, so when's it gonna be profitable, Devin? I mean, that was the question. And instead you're like, well, I mean, you know, there's big tech out there and we, we don't like big tech and nobody's done what we've done except Big Tech. Of course, You know, they, they did it. They literally built it from scratch. Y'all actually just used a template that y'all found online. So, you didn't build it from nothing. And you're like, we got 200 million in the bank. Cool. You lost $58 million last year. So that 200 million in the bank is only gonna last you what, three and a half years if my math is good?