20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher.
My offer was based on Twitter’s SEC filings being accurate.
Yesterday, Twitter’s CEO publicly refused to show proof of <5%.
This deal cannot move forward until he does.
3:32 AM · May 17, 2022
In a lengthy Twitter thread on Monday, Twitter CEO Parag Agrawal said it would be difficult to conduct an external review to determine the percentage of spam and fake accounts on the platform.
“Unfortunately, we don’t believe that this specific estimation can be performed externally, given the critical need to use both public and private information (which we can’t share),” Agrawal explained. “Externally, it’s not even possible to know which accounts are counted as mDAUs on any given day.”
How is that under the SECs purview?
How is that under the SECs purview?
U.S. Securities and Exchange Commission.
Oh, Lord. Who runs that place? Someone from India?
As stated before… I wonder if Elon’s plan all along was to expose Twitter for the bias product it really has become. I’m waiting for ad buyers to sue if their reach was less than stated. I also think Elon wants to rub SEC’s nose in the incorrect numbers filed over the years by Twitter and SEC’s lack of action.
Who else in their right mind would invest in Twitter, knowing what they know about the company now? That leaves only Musk between a transformed Twitter or its oblivion.
Does Facebook have fake accounts too? If so, prosecute Zuckerberg.
Jack Twitter should go to prison for fraud.
Twitter was trading around $30 when Covid started.
Twitter rode the Stay-At-Home spike up to $80.
In 2021, price sanity returned, and Twitter was on a clear trajectory right back to $30 - or lower.
If Musk had been patient, he could have bought the whole company for $35 a share.
The Twitter CEO has now admitted they can’t actually disclose the percentage of fake accounts they have.
That admission itself goes to the heart of the fraud of their operation.
Twitter is heading toward worthlessness.
Their ugliest secret is the direct involvement of the CIA in their propaganda operation.
BTTT
I think the real issue is, was Twitter taken away from Jack Dorsey by USG agencies? When you read the list of “board members”, each with little or no equity and many with foreign names, you have to wonder, who is really in charge?
Maybe the “private companies” doing all the censorship and narrative creation aren’t so private after all.
The deal will likely still go through. This is about getting the best price. If the percentage is higher than 5%, he knocks a few billion off the offer. This falls under “due diligence”.
CC
If there are a significant percentage of accounts which are fake....and 20% sure would be significant, then Twitter has defrauded investors, advertisers, federal regulators, etc.
SEC is part of deep state.
Expect no justice from them.
.......since Dorsey and Agrawal COULD BE charged criminally for knowingly (or they should have known) misrepresenting, in a major way, the VALUE of the company, no wonder they are finding difficulty releasing the data.
SEC and Biden and Biden’s Marxist acolytes in his innermost circle, along with their media PARTNERS, will COVER for Twitter.
I’ve never had a Twitter account, but do follow some users with the Brave web browser(ad blocking). Doing some snooping around, the world wide average estimate of people using ad blockers is around 43%. That is a lot of missing eyeballs for advertisers.
so who is Twitter’s CPA???
https://freerepublic.com/focus/f-news/3968292/posts
PwC announces a $12 billion plan to recruit 100,000 people and train 25,000 Black and Latinx students over 5 years
Business Insider ^ | 06/16/2021 | Kate Duffy
