Jack’s Magic Coffee Shop Reports 2nd
Quarter Financials, Net Operating Loss
of $128 Million
Conservative Treehouse,
by
Sundance
Original Article
Posted By: Beardo,
4/28/2022 3:00:27 PM
Jack’s magic coffee shop posted their latest financial results today.
As suspected, the social media company Twitter said revenue for the first quarter totaled $1.2 billion (+16%). However, costs and expenses totaled $1.33 billion (+35%), resulting in an operating loss of $128 million. (link)
Another unsustainable result for a company that doesn’t make a profit yet continues to operate. I digress…
Reply 1 - Posted by:
bamboozle 4/28/2022 3:17:32 PM (No. 1140966)
Thus, Elon had better have really good security and constantly watch his 6.
5 people like this.
Reply 2 - Posted by:
earlybird 4/28/2022 3:26:10 PM (No. 1140978)
FTA:
The metaphorical Jack had a great idea, open a coffee shop where the beverages were free and use internal advertising as the income subsidy to operate the business. Crowds came for the free coffee, comfy couches, fellowship, conversation and enjoyment.
This is an article that must be read. Sundance comes up with a point that is difficult to ignore.
3 people like this.
... thought I was reading an excerpt from a novel ... OH NO! --spoiler alert ...
1 person likes this.
Reply 4 - Posted by:
earlybird 4/28/2022 3:33:34 PM (No. 1140989)
Try this on. From an earlier article by Sundance:
Twitter is not a platform built around a website; Twitter is a platform for comments and discussion that operates in the sphere of social media. As a consequence, the technology and data processing required to operate the platform does not have an economy of scale.
There is no business model where Twitter is financially viable to operate…. UNLESS the tech architecture under the platform was subsidized.
In my opinion, there is only one technological system and entity that could possibly underwrite the cost of Twitter to operate. That entity is the United States Government, and here’s why.
https://theconservativetreehouse.com/blog/2022/04/14/elon-musk-make-a-massive-proposal-offers-to-purchase-twitter-for-41-billion-with-plan-to-take-company-private/
3 people like this.
Reply 5 - Posted by:
LadyVet 4/28/2022 3:34:03 PM (No. 1140990)
This sounds like a money laundering operation. Need some revenue? Call your amigo in the cartel and have him "purchase sime advertising." Voila, some of that human trafficking money converted to "revenue" and debited to a business checking account at Wells Fargo. Payroll checks going out to coyotes. They'll get a W2 and all looks legit. Nothing to go through FINCEN.
4 people like this.
Reply 6 - Posted by:
Starboard_side 4/28/2022 3:37:05 PM (No. 1140995)
Very interesting read, and illuminating.
3 people like this.
Reply 7 - Posted by:
ussjimmycarter 4/28/2022 3:49:36 PM (No. 1141006)
Thanks to George Bush for giving us the Patriot Act! Does everyone still enjoy taking your shoes off at the airport? How about deep cavity scans…all run by minimum wage knot heads! The deep state got way deeper when he passed the law and Obama weaponized it! Nothing implemented as Government Services EVER goes away! I no longer fly because I can’t handle the TSA and then Mask Nazis! The Mask Karen’s are here to stay…forever!!!
5 people like this.
Reply 8 - Posted by:
MindMadeUp 4/28/2022 3:53:33 PM (No. 1141007)
They've had it in place now for several years. That implies it's already too late to stop them, since they've had windows into the private lives of everyone who might stand in their way and know where all the skeletons are buried. I've long thought that explains why so many ostensibly strong conservatives, like Jeff Sessions and Mike Pence, suddenly became weak little doormats when they had the chance to stop the many fraudulent attacks against Trump.
2 people like this.
Reply 9 - Posted by:
formerNYer 4/28/2022 4:40:31 PM (No. 1141039)
Yes, it should be a must read.
If this is true and Twitter is actually and entity of the United States, they violated the first amendment right of free speech by banning certain individuals and even a newspaper (NY Post). The first time I saw Dorsey I knew there was no way he created Twitter, he just not that smart. This is CIA/FBI/Homeland Security driven.
5 people like this.
Reply 10 - Posted by:
kono 4/28/2022 5:13:15 PM (No. 1141068)
At least he says "repost warning" before he begins. I wonder how many besides myself read right past that without pausing to consider what it meant in the context of this article.
Sundance cites long passages of material from ... previous Sundance articles, it seems. The citations give the first impression of collaborative research. Isn't that kind of like reporting allegations that "sources believe...", when your own suspicion is the so-called source?
0 people like this.
Reply 11 - Posted by:
DVC 4/28/2022 5:17:35 PM (No. 1141074)
So, they continue to lose money...yet everyone associated with it are rich as hell and the money just keeps flowing.
Fraud seems pretty likely, or probably government funding under the table to control "the narrative".
0 people like this.
Reply 12 - Posted by:
Strike3 4/28/2022 7:24:51 PM (No. 1141149)
Nothing new here folks. The New York Times has operated this way since at least the Clinton years. Do you think subscribers and advertisers actually pay them enough to stay above water? The WaPo was going broke before Bezos came to the rescue. Zuckerberg is a natural nerd sellout and Bill Gates has opened the MS code to the government for years. If private virus creators can get into your computer on a low budget operation, imagine what the government can do when they already have a skeleton key.
1 person likes this.
Reply 13 - Posted by:
Krause 4/28/2022 7:33:04 PM (No. 1141154)
We’ll see if Musk get cut off from the government connection. That would be interesting!
0 people like this.
Reply 14 - Posted by:
Hermoine 4/29/2022 9:20:25 AM (No. 1141481)
I highly recommend reading this article more than once. It explains what is happening and how we got here. I think Musk is now using their own system against them...should be fun to watch him dismantle Oz.
0 people like this.
Below, you will find ...
Most Recent Articles posted by "Beardo"
and
Most Active Articles (last 48 hours)