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THE Elon Musk


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2022 Apr 14, 4:28am   212,246 views  1,538 comments

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20   Patrick   2022 Apr 14, 9:52am  


Oak tree
@Oaktree65472824
47m
Replying to @DrewHLive @ezralevant @elonmusk
If Elon Musk owned Twitter in 2020? The Hunter Biden laptop story does not get suppressed. Probably changes the presidential election outcome.
21   Patrick   2022 Apr 14, 9:53am  

More from Elon to the board:


As I indicated this weekend, I believe that the company should be private to go through the changes that need to be made.



After the past several days of thinking this over, I have decided I want to acquire the company and take it private.



I am going to send you an offer letter tonight, it will be public in the morning.



Are you available to chat?



[VOICE SCRIPT]



1. Best and Final:
a. I am not playing the back-and-forth game.
b. I have moved straight to the end.
c. It's a high price and your shareholders will love it.
d. If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder.
i. This is not a threat, it's simply not a good investment without the changes that need to be made.
ii. And those changes won't happen without taking the company private.


2. My advisors and my team are available after you get the letter to answer any questions
a. There will be more detail in our public filings. After you receive the letter and review the public filings, your team can call my family office with any questions.


https://www.sec.gov/Archives/edgar/data/1418091/000110465922045641/tm2212748d1_sc13da.htm?source=patrick.net#ex-b_001
23   Ceffer   2022 Apr 14, 10:14am  

So much for Saint Musk:
24   Patrick   2022 Apr 14, 10:50am  

If Elon buys it, Blackrock and Vanguard are out. So they make a few billion. It's nothing to them compared to their stranglehold over corporate media. That's where their real power is, and Elon is threatening that.

25   richwicks   2022 Apr 14, 10:55am  

I bet he's going to sell all his shares.

I bet he's already bought options to sell

I don't see why people think Twitter matters as a company. They have a terrible reputation, nobody that matters go to platforms that engage in censorship, their userbase is a bunch of low grade morons, and it's a propaganda outlet.

Let's see, but I bet this was just a plan to make a quick buck. Purchase the stock, give people hope the company will reform, buy options to sell, sell the stock, and profit as the stock reverts.
27   gabbar   2022 Apr 14, 11:02am  

WineHorror1 says
He told them the truth and they just couldn't take it,


Truth, that is the main problem of government and governmental corporations. They don't like. They will go to extreme extent to undermine truth because truth will impact their money and power.
28   gabbar   2022 Apr 14, 11:04am  

richwicks says
I bet he's going to sell all his shares.

I bet he's already bought options to sell

I don't see why people think Twitter matters as a company. They have a terrible reputation, nobody that matters go to platforms that engage in censorship, their userbase is a bunch of low grade morons, and it's a propaganda outlet.

Let's see, but I bet this was just a plan to make a quick buck. Purchase the stock, give people hope the company will reform, buy options to sell, sell the stock, and profit as the stock reverts.


I am willing to give Elon the benefit of the doubt at this point. Maybe he has some good in his heart.
29   gabbar   2022 Apr 14, 11:06am  

Ceffer says
So much for Saint Musk:


Let's wait and see how this pans out. If he is able to buy Twitter, it may be one of the best things to happen in 2022.
30   epitaph   2022 Apr 14, 11:08am  

After the official rejection of the offer comes in Twitter is probably going to dip pretty hard.
31   Hircus   2022 Apr 14, 11:27am  

Anyone else notice the odd buyout price? $54.20

He said it's a 54% premium. Not a 50% premium, nor a 55%, but 54%. Odd. But if it wasn't 54% premium, then the number wouldnt work out to $54.20. Ahem, $54.20

Elon being funny again, like his "funding secured at $420 per share" stunt a few yrs ago.
32   Hircus   2022 Apr 14, 11:32am  

epitaph says
After the official rejection of the offer comes in Twitter is probably going to dip pretty hard.


I bet he has contingencies for this. Maybe he expects blackrock et.al. to reject, in which case he will use his moment in the extra large spotlight to point out their broad media and communications control.
34   epitaph   2022 Apr 14, 11:43am  

Hircus says
epitaph says
After the official rejection of the offer comes in Twitter is probably going to dip pretty hard.


I bet he has contingencies for this. Maybe he expects blackrock et.al. to reject, in which case he will use his moment in the extra large spotlight to point out their broad media and communications control.


Blackrock and vanguard have both been buying up shares today.
36   GNL   2022 Apr 14, 12:14pm  

clambo says
The guys (foreigners) who run google and Twitter don’t give a shit about your free speech nor privacy rights.
Neither does that twerp Zuckerberg.
A pox on all of them.

Do you own any of their stocks?
37   GNL   2022 Apr 14, 12:20pm  

richwicks says
I bet he's going to sell all his shares.

I bet he's already bought options to sell

I don't see why people think Twitter matters as a company. They have a terrible reputation, nobody that matters go to platforms that engage in censorship, their userbase is a bunch of low grade morons, and it's a propaganda outlet.

Let's see, but I bet this was just a plan to make a quick buck. Purchase the stock, give people hope the company will reform, buy options to sell, sell the stock, and profit as the stock reverts.

I'll tell you why your comment makes sense to me...If Elon buys Twitter, the MSM simply stops reporting anything about Twitter. This means Twitter would simply die. The biggest reason Twitter matters imo is because the MSM reports about who Tweeted what and when.
38   Patrick   2022 Apr 14, 12:24pm  

gabbar says
Truth, that is the main problem of government and governmental corporations. They don't like. They will go to extreme extent to undermine truth because truth will impact their money and power.



This is exactly why we have the First Amendment.

Unfortunately, it covers only lawmaking by the government, not quasi-monopolies and other corporations squashing free speech.
39   GNL   2022 Apr 14, 1:36pm  

Patrick says
gabbar says
Truth, that is the main problem of government and governmental corporations. They don't like. They will go to extreme extent to undermine truth because truth will impact their money and power.



This is exactly why we have the First Amendment.

Unfortunately, it covers only lawmaking by the government, not quasi-monopolies and other corporations squashing free speech.

If private business is able to curtail 1A rights then it should be free to discriminate based on anything not just by what a person says.
40   mell   2022 Apr 14, 2:18pm  

gabbar says
Ceffer says
So much for Saint Musk:


Let's wait and see how this pans out. If he is able to buy Twitter, it may be one of the best things to happen in 2022.


Yeah this is far fetched, black cock and minions are everywhere, and they don't need Musk helping them making more money. You can shit on anything and always find angles as to why it's not selfless.

epitaph says
After the official rejection of the offer comes in Twitter is probably going to dip pretty hard.


Agreed, stay away from twatter, chances are much higher that the leftards will reject his offer and the stock will nosedive. Buy only if you're a gambler
41   Hircus   2022 Apr 14, 3:41pm  



84% will not leave twitter following the elonification. Thats good news. The 14% that will are likely mostly bluffing, hoping by voting to leave that it will help sway to board against elonification.
42   Shaman   2022 Apr 14, 3:46pm  

Agree with @mell
Do NOT buy twatter right now! Elon is playing a game with the woketards. First he offers a sell price that is far above the current evaluation. This means the board has to seriously consider it and will be criticized by shareholders for NOT taking the offer should they reject it.
Second, when the inevitable rejection comes, he immediately dumps his twatter stocks and reaps a large capital gains reward for his speculation.
Third, investors, seeing Musk withdraw his offer and reading that the board is destructive to investment and gains, also drop the stock leading to a massive dip in stock price.
Fourth, when the stock bottoms, Musk buys it back and either
1)Offers the board half price
Or
2)Initiates a hostile takeover at bargain basement prices.

Either way, Musk wins. He just wins more when the woketards act woketarded.
43   gabbar   2022 Apr 14, 3:52pm  

Patrick says
gabbar says
Truth, that is the main problem of government and governmental corporations. They don't like. They will go to extreme extent to undermine truth because truth will impact their money and power.



This is exactly why we have the First Amendment.

Unfortunately, it covers only lawmaking by the government, not quasi-monopolies and other corporations squashing free speech.


These quasi-monopolies and other corporations are like the arms of the octopus (government)
44   rocketjoe79   2022 Apr 14, 3:56pm  

Nah, looks like Vanguard took a stake over 10%, locking out Musk. For Now.
47   Shaman   2022 Apr 14, 4:29pm  

https://m.theepochtimes.com/twitter-shares-slide-after-saudi-investor-rejects-musks-bid-for-twitter_4405018.html?source=patrick.net&utm_source=share-btn-copylink

So stock values drop over the refusal of one shareholder to sell to Musk.
How much will they slide when his offer is rejected by the board?
Betting he still makes a killing selling the peak and buying the trough in a takeover.
48   Patrick   2022 Apr 14, 5:07pm  

Shaman says
So stock values drop over the refusal of one shareholder to sell to Musk.


Can that one shareholder block the sale?
49   mell   2022 Apr 14, 5:21pm  

Patrick says
Shaman says
So stock values drop over the refusal of one shareholder to sell to Musk.


Can that one shareholder block the sale?


No. The board will likely refuse it though, and that will open them up for lawsuits violating their fiduciary duty etc. Stock will tank if it's rejected
50   Patrick   2022 Apr 14, 6:34pm  

mell says
that will open them up for lawsuits violating their fiduciary duty


True, the board legally must act in the best interests of shareholders. Elon is offering quite a premium over the market price, which does clearly is in the interest of shareholders. I think their only counter-argument is bin Talal's, that the stock is really worth more than what the market is pricing it at. But how can the board plausibly claim to be smarter than the stock market?
51   richwicks   2022 Apr 14, 6:41pm  

Patrick says
mell says
that will open them up for lawsuits violating their fiduciary duty


True, the board legally must act in the best interests of shareholders. Elon is offering quite a premium over the market price, which does clearly is in the interest of shareholders. I think their only counter-argument is bin Talal's, that the stock is really worth more than what the market is pricing it at. But how can the board plausibly claim to be smarter than the stock market?


There's no rule of law.

Twitter is a device for disseminating propaganda. Jack Dorsey realized that was the only way to profit and became a haggard old man over the course of a year once he did, then he finally resigned.

Twitter will not change. It exists to misinform the public.
52   AmericanKulak   2022 Apr 14, 7:57pm  

You guys MUST see War Room's evening episode today.

original link


Posobiec, Cernovitch, and Beattie all explain various aspects of the Twitter Deal:


* Executives are scared of the Trust Fund Baby Employees who don't need the job, but love to virtue signal from it.
* Executives feel pressure to take the 38% premium
* Talal, that agent of evil par excellence! . After watching the episode I was unsurprised to see him opine. MbS needs to kidnap his ass and beat him harder this time..
* Most importantly, REGIME MEDIA aka FAGAT can't let a hole appear in the Dam - if Twitter goes, what about the rest of Big Tech?

Cenovitch and Poso suggested the Ape Army get ready to intervene, GME style.


Speaking of FAGAT, I remember all the Libertarian Articles in the 90s and early 2000s about how freedoming the Pacific Coast was, esp. in Tech. LOL!
53   Patrick   2022 Apr 14, 8:00pm  

AmericanKulak says
Cenovitch and Poso suggested the Ape Army get ready to intervene, GME style.


That could be very amusing!
54   mell   2022 Apr 14, 8:02pm  

AmericanKulak says
Speaking of FAGAT, I remember all the Libertarian Articles in the 90s and early 2000s about how freedoming the Pacific Coast was, esp. in Tech. LOL!


It's sad cause it was true back then. Golden times, glad I could be part of it.
55   clambo   2022 Apr 14, 9:58pm  

Winehorror1 asked if I own stocks of Twitter, Facebook, Google.

I must, since I own mutual funds which likely own them.
I own several index funds and a “science and technology fund” which surely own them.

Selling my funds isn’t practical.
56   Patrick   2022 Apr 14, 10:07pm  

mell says
It's sad cause it was true back then. Golden times, glad I could be part of it.



I agree. Before the massive centralization, it was very open and democratic, nothing censored, all very exciting.

Google is one of the great evils that ruined it.
57   AmericanKulak   2022 Apr 14, 11:15pm  

Decentralizing Tech out of the SFBA is key. Elon should move most of Twitter's Operations to Tulsa and Lubbock. Joe six-pack Tech wouldn't mind those places, esp. if they are savvy to save up and succeed or start a family. Karen Purplehair would hate living there.
58   Misc   2022 Apr 15, 12:04am  

WineHorror1 says
Patrick says
gabbar says
Truth, that is the main problem of government and governmental corporations. They don't like. They will go to extreme extent to undermine truth because truth will impact their money and power.



This is exactly why we have the First Amendment.

Unfortunately, it covers only lawmaking by the government, not quasi-monopolies and other corporations squashing free speech.

If private business is able to curtail 1A rights then it should be free to discriminate based on anything not just by what a person says.


Plenty of private businesses don't allow firearms on their premises.
59   Patrick   2022 Apr 15, 12:07am  

AmericanKulak says
Decentralizing Tech out of the SFBA is key. Elon should move most of Twitter's Operations to Tulsa and Lubbock. Joe six-pack Tech wouldn't mind those places, esp. if they are savvy to save up and succeed or start a family. Karen Purplehair would hate living there.


If they kept the SF salaries, they would droves of people going for the jobs in Tulsa or Lubbock. You could live like God.

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