It is funny that we’ve seen two important changes at DWAC, all disclosed at the SEC during the investing “news hole” around a major national holiday: Thanksgiving long weekend.

This one is the more important of the two: all financial statements since the pivot toward a combination with the Trump social platform at left have been restated, as the company was not accurately reporting payment of expenses to certain vendors, among other matters. It is now on its second set of auditors as a result.

It is my experienced assessment that the Trump deal will never close, due to a variety of factors (including his probable jailing!), and so the DWAC disclosure that in that case it may pivot yet again to become a crypto- / fintech company… is hilarious.

Just one newer scam — to backup the failure of an earlier one.

That is all.

Charming.