.@elonmusk accused of cheating his way into “saving $143 million by not reporting his stake” in @Twitter sooner.
$143M is only 0.325% of the total value of the deal, $44B 🛒
Even if #SEC fines the same as last time ($20M), the vote by @Twitter’s board was unanimous. 🪡 👇🏻 1/3
$143M is only 0.325% of the total value of the deal, $44B 🛒
Even if #SEC fines the same as last time ($20M), the vote by @Twitter’s board was unanimous. 🪡 👇🏻 1/3
With a $20M fine (likely will be dropped altogether, if not drastically lower fine will be issued) we are still only talking about 0.37% of the total transaction 🧮
*To help those bad at math:
This is LESS THAN 1%… roughly a third
🪡 2/3
Source:
cnet.com/google-amp/new…
*To help those bad at math:
This is LESS THAN 1%… roughly a third
🪡 2/3
Source:
cnet.com/google-amp/new…
My thoughts?
I hope the #SEC has lots of printer ink, because these fines are going to have to radically increase to make any dent in Elon’s pocketbook… 👜
Meanwhile, he is busy preserving our public square! Thank you @elonmusk
🪡 3/3
#ElonMuskBuyTwitter
I hope the #SEC has lots of printer ink, because these fines are going to have to radically increase to make any dent in Elon’s pocketbook… 👜
Meanwhile, he is busy preserving our public square! Thank you @elonmusk
🪡 3/3
#ElonMuskBuyTwitter
Please consider following me @coopsimms
🎁 More threads like this to come!
RT if you agree with what I said… 🌐
** maybe one day soon I won’t be posting into the abyss ** 😬
🎁 More threads like this to come!
RT if you agree with what I said… 🌐
** maybe one day soon I won’t be posting into the abyss ** 😬
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