Re: Trump "Media"--I need this guy for On the Offense!

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Why on earth do you find this upsetting? I find it inspiring. Watch for my launch party invite Monday. I just need the weekend to get a few things together. 

As for relatives, to paraphrase Karl Marx, Trump should no better than to want to be a member of any gene pool that would take him. Late stage capitalism indeed. 

On Mar 28, 2024, at 1:59 PM, David Foster <davidf@bvresources.com> wrote:



Who is this DJT guy…he's apparently smarter than Rory Brown ha ha (who is my actual guest April 11 for the actual OTO and who is also on this string with compliments).

 

End of the week somehow The Moron owns 60% of DJT (it went "public" on Monday via a SPAC).  My guess is that since the banks shut him down, one of his family said "have you heard of this SPAC thing?  They seem to be throwing money in the toilet.  Try that, Dad?"

 

Sure enough--$300 million "cash infusion."  Who needs JP Morgan when there are performing poodles like these guys!

 

Donald's share, at the market valuation this morning, is $5.2 billion.  Under SEC insider trading rules, he can't cash out for 6 months (this six month holding period is the basis of one of BVR's key data products—it was shortened from two years a bunch of years ago to help greedy financial guys pass the risk of below-target enterprises on to their unknowing shareholders before the 2nd quarterly report is released—which is how it's used generally.  BVR can't include those transactions in our data set because they are obviously tainted.  Or, as our valuation experts say, "this is not an arms' length transaction."). 

 

Fortunately for Donald, the SEC graciously lets boards waive the holding period.  Guess who's on DJT's board??? Very very gross human beings, including some genetic relatives.

 

So…we're all publishing types…DJT's REVENUES for the last 9 months—guess?  Here's a clue…BVR's around $6 million.  A: $3.4 million!!!!

 

DJT's profits for the first nine months of the year?  Here's a clue…BVR is around $200,000.  A: Negative $49 million.

 

Market cap?  $9 billion.  I'm the chair of CCC, as you know.  At this multiple of revenues, CCC would be six times bigger than Google! About the same as Facebook, Amazon, and Apple combined, if you multiply their total market caps by 2.

 

I have no words for this that don't refer to sexual acts…but I'll file this message in my "late state capitalism" collection.

 

David Foster, Chair
BVR 
M: 917-741-3853
www.bvresources.com

 

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