Exposing Donald Trump's Legal Contract *AGAINST* Twitter & Musk.
FULL TRANSCRIPT
oh before we talk about Donald Trump I
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worth thanks so much what the heck is
Donald Trump up to well in this video
not only are we going to analyze a
little bit about the 2024 election
landscape but we're also going to look
at Donald Trump's contract which might
actually limit his ability to come back
to Twitter let's take a look at that and
try to understand what's going on as
well with Democrats post election now
the Big Red Wave we were expecting to
see is well obviously absent at this
point with the exception of in the stock
market stock market is suffering a
massive Red Wave Republicans did take
control of the House of Representatives
and Nancy Pelosi is potentially thinking
about retiring not only is she thinking
about retiring but obviously she's not
going to be speaker of the house anymore
as Kevin McCarthy takes over Nancy
Pelosi in an interview with Anderson
Cooper talked about how she was woken up
to bangs at her door at 5am when her
husband Paul Pelosi was attacked by a
man who was looking for Nancy Pelosi
Paul Pelosi ended up going into surgery
to repair a skull fracture and serious
injuries to his right arm and hands he's
since been released from the hospital
last week he got out and he's now
apparently pacing himself with what
could be a long recovery Nancy Pelosi
has indicated that this incident
absolutely affects her decision to
continue serving her congressional
district which she says she loves
serving but realizes not only will she
no longer be speaker of the house but
questions how long she'll actually
remain as even a representative of that
District
now Donald Trump and competitors are as
well as moderate Republicans are trying
to figure out where to pick up after
this election the 2024 landscape is also
starting to shape up Mike Pence is
considering a run Secretary of State
well former Secretary of State Mike
Pompeo is considering a run Nikki Haley
who was the ambassador to the United
Nations is considering a run she did say
she didn't want to run against Trump but
after the election is now quote
seriously looking at it Tim Scott Ted
Cruz Rick Scott and of course Ron
DeSantis are all considering runs some
were even suggesting maybe Paul Ryan
could run although Paul Ryan was more
notable for suggesting that now it's
time Republicans get quote past Trump
of course there have been plenty of
Collective angry tweets over the weekend
suggesting anyone who was anti-trump was
killing their political career that
still didn't stop people like Paul Ryan
from saying exactly quote it's palpable
right now we get past Trump we start
winning elections we stick with Trump we
keep losing elections this obviously is
something that's a popular quote for
moderate Republicans but not so popular
for those who still support Donald Trump
Chris Christie echoed this he said this
weekend quote we keep losing and losing
and losing and the fact of the matter is
the reason we're losing is because
Donald Trump has put himself before
anyone else said the former New Jersey
governor
this was on Saturday he called on the
GOP to quote get our house in order not
be afraid and stand up to the former
president's stand up against lies stand
up against pettiness and stand up
against self-interest suggesting that
Chris Christie might run again
Ron DeSantis didn't have a direct slam
on Donald Trump but did have the
following to say quote
when you stand up for what's right when
you show people you're willing to fight
for them they will walk over broken
glass Barefoot to come vote for you to
Santas ended up drawing a standing
ovation as he suggested we've got a lot
more to do remember he was the one who
fought
for the don't say gay bill against
Disney's opposition and now it's
DeSantis who swept the election clean
and it's the CEO of Disney who's lost
his job although he's still getting his
multi-million dollar Severance paycheck
for the pay that he was agreed to or had
agreed to receive had he stayed
Donald Trump when asked about returning
to Twitter suggests he doesn't see any
reason for returning to Twitter
suggesting that his performance on Truth
social was doing phenomenally well of
course this is where things get
interesting see Donald Trump
actually has a licensing agreement with
the truth Social Media Group which
allows them to use the Donald Trump name
in promoting truth social in addition to
that truth social has a SPAC merger vote
coming up which heavily is dependent on
Donald Trump's presence as essentially
exclusive the truth social
but beyond that take a look at this
from December 2021
to 18 months thereafter
Donald Trump has agreed to first channel
any and all social media Communications
to truth social before posting the same
Social Media communication anywhere else
the only exemption could potentially be
political fundraising communication or
get out the vote communication otherwise
Donald Trump is bound to post on Truth
social first
and he is bound to do so until the third
week of June
2023. so think about that June 2023 is
When Donald Trump is bound to post or
until Donald Trump is bound to post to
truth social
as long as of course he provides a six
hour exclusive license to truth social
So in theory he could post to Twitter
his post would just be delayed by six
hours which honestly is kind of lame we
like instant gratification not stuff
that's six hours old
that's set Donald Trump could terminate
his agreement with notice to truth
social after June 23rd if he does not
then Donald Trump's exclusive six-hour
agreement continues for six months
on a rolling basis forever so until
Donald Trump terminates he will continue
automatically being signed up to six
hour exclusive commitments for six-month
terms over and over and over again as
long as there's no Force Major or
potential reason the contract could not
be fulfilled for example if someone died
whatever else so we don't really need to
speculate about right now because that
would be a quite an edge case scenario
to argue Force Majora as both sides
would probably seek to fulfill contract
obligations and I don't think we need to
get into a legal discussion about Force
Major right now because instead
it is unlikely that Donald Trump
is going to post solely because of not
only this agreement but his likely
Equity interest in
dwac which is the truth social SPAC
that's d-w-a-c that is the ticker symbol
for the SPAC of course how much
ownership Donald Trump actually has in
the truth Social Media Group is
relatively unclear we do know that the
truth Social Media Group has a stake of
65.9 of the ownership of dwac as of the
spec of filing to ACT public
shareholders actually only have a 14.9
stake the dwac sponsor has a 4.3 percent
stake pipe investors early investors a
7.1 percent stake warrant 7.4 point is
it's not exactly clear how much of dwac
Donald Trump owns but Donald Trump
likely owns a significant portion of
shares in this company and so not only
does he have this contract that at bare
minimum keeps him from posting on
Twitter unless it's a specific political
message with if anything less than a six
hour delay Donald Trump probably also
has a financial interest in not posting
to Twitter until certainly at least June
of 2023 but even then if he were to
terminate his agreement his financial
interest in the true Social Media Group
could potentially plummet which would
mean he'd be shooting himself
financially in the foot
to post on Twitter
by terminating that agreement
when his finances would then be hurt
because his ownership value in twack
would plummet which Dali would Donald
Trump ever do anything motivated by
okay I can't sing karaoke but I can tell
you this
Donald Trump I expect at some point in
the future will start posting political
messages on Twitter in accordance with
what he's allowed to do but will he
shoot himself in the foot and post
everything on Twitter like he used to
probably not especially since there are
plenty of people who like to take what
Donald Trump says on Truth social and
make plenty of posts about what Donald
Trump is up to anyway this is the latest
with Trump what do you think about the
2024 landscape do you think DeSantis is
going to end up beating out Trump in the
primaries or is it going to be a
Democrat like Gavin Newsom who ends up
going head to head against Donald Trump
in 2024. let me know in the comments
thank you so much for watching we'll see
in the next one bye
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