that will result in trump media and technology group becoming a publicly listed company subject to regulatory and stockholder approval then afterwards in the statement she says that and this is likely due to the fact that president trump has such a large name recognition in the statement they said that this company is valued at NUMBER_TOKEN billion dollars here's what this statement says quote the transaction values trump media and technology group at an initial enterprise value of NUMBER_TOKEN million dollars with a potential additional earn out of NUMBER_TOKEN million dollars in additional shares at the valuation they are granted for a cumulative valuation of up to NUMBER_TOKEN billion dollars depending on the performance of the stock price post business combination which is kind of amazing if you think about it that a newly formed company with no tangible products as of yet is valued at NUMBER_TOKEN billion dollars and as you'd expect once this announcement was made the stock price for this company actually rose significantly in fact the trading volume for this company became so voluminous after this announcement that not only did the stock price soar by NUMBER_TOKEN but earlier today on thursday trading was actually halted due to such heavy trading volume which is again kind of amazing if you think about it given the fact that this newly created company has thus far no tangible products but it does have a concrete mission statement as well as the backing of president trump who is the chairman by the way of this new media company and then lastly as we already mentioned earlier in terms of the social media network aspect of this company the statement says that it is now available for pre-order on the apple app store and if you want to sign up for that early invite list you can do so over at URL_TOKEN and that it ends with a statement from president trump himself where he says quote tmtg was founded with a mission to give a voice to all i'm excited to soon begin sharing my thoughts on truth social and to fight back against big tech everyone asks me why doesn't someone stand up to big tech well we will be soon if you'd like to read more about this new media company or about this new social media platform i'll throw the links to all that into the description box below this video and all i ask in return is that you take a quick moment to smash that like button for the youtube algorithm and now before we move on over and discuss how big pharma's lobbying of the us government has increased dramatically over the past year and a half in some cases by as much as NUMBER_TOKEN percent i would like to take a quick moment and introduce our sponsor for today's episode and i will do so from the sound booth that's right roman the sponsor of today's episode is an awesome company called my patriot supply so i don't know about you but i have friends who all they have is this saved up in case of an emergency and don't get me wrong i love toilet paper as much as the next guy and it's better to have it than tonight but frankly that's all you have saved up in case of an emergency then you aren't really not prepared because listen with these supply chains stretch to the extreme as they are with inflation that raging and with the government even admitting that it might default on its loan obligations i mean a disaster looks like it might be coming it's in my opinion it's a question of when not if and so i would highly recommend that you prepare in my own house i have cupboards i have an entire closet that's filled with food
START_SPONSOR_TOKEN i would like to take a quick moment and introduce our sponsor for today's episode and i will do so from the sound booth that's right roman the sponsor of today's episode is an awesome company called my patriot supply so i don't know about you but i have friends who all they have is this saved up in case of an emergency and don't get me wrong i love toilet paper as much as the next guy and it's better to have it than tonight but frankly that's all you have saved up in case of an emergency then you aren't really not prepared because listen with these supply chains stretch to the extreme as they are with inflation that raging and with the government even admitting that it might default on its loan obligations i mean a disaster looks like it might be coming it's in my opinion it's a question of when not if and so i would highly recommend that you prepare in my own house i have cupboards i have an entire closet that's filled with food END_SPONSOR_TOKEN