Posted on 05/11/2022 7:22:13 PM PDT by shadowlands1960
The U.S. government has reportedly opened an investigation into Elon Musk’s business dealings surrounding his recent $44 billion purchase of Twitter.
“The Securities and Exchange Commission is probing Mr. Musk’s tardy submission of a public form that investors must file when they buy more than 5% of a company’s shares,” The Wall Street Journal reported. “The disclosure functions as an early sign to shareholders and companies that a significant investor could seek to control or influence a company.”
The report said that Musk’s April 4 disclosure filing was at least 10 days late, a move that is believed to have saved him more than $140 million because share prices could have been higher if the public knew about his ownership of 5% of the company.
“The case is easy. It’s straightforward,” Daniel Taylor, a University of Pennsylvania accounting professor, said. “But whether they’re going to pick that battle with Elon is another question.”
The report noted that a lawsuit against Musk from the SEC would likely not stop him from taking over Twitter since the company’s board of director’s unanimously approved to be acquired by Musk and the SEC may lack the power to do so. Musk’s purchase of Twitter is also reportedly being reviewed by the Federal Trade Commission (FTC).
(Excerpt) Read more at dailywire.com ...
The Establishment wants to silence the peasants who are revolting against the dictates of The State.
History keeps repeating over and over and over and over.
Elon, have a long conversation with Jack Ma.
He may have some valuable insights for you.
“ Born in South Africa. NOT eligible.”
Perhaps he will make an AI Avatar of himself at a plant in the U.S. and demand it be given citizenship so it can be President Musk v2.0.
[[They’ll do anything to squash free speech
I wonder how they’ll react when they stand before God.]]
They will learn that God DOES have free speech, and that there is nothing they can do about it because then all the lies will cease-
all their lies will cease i mean
I predicted it.
They will find something to tar and feather him with. If they can’t find it they’ll fabricate it.
The deep state doesn’t just lie down and take.
I hope Musk has what it takes to stand up to them.
Born in South Africa. NOT eligible.
Not that it stopped BHO....
I wish he had the nerve to follow President Soros’ lead. He certainly has the cash and lawyers to do it.
Hes better not being potus
can work more freely
.
Obama put Strzok’s wife in charge of these types of Investigations.
.
Yet, Hunter will be allowed to have a benefactor pay a fine, and he had committed repeated felonies.
Guess that will be their first real come to Jesus moment! He will not be pleased.
Psalm 63:9-11 But those who seek to destroy my life shall go down into the depths of the earth; they shall be given over to the power of the sword; they shall be a portion for jackals.
But the king shall rejoice in God; all who swear by him shall exult, for the mouths of liars will be stopped.
And every knee will bow.
They won’t be either.
Amen
The SEC knows full well that the Musk team left no "i's" undotted or "t's" uncrossed.
In fact, given how much Musk reads, I wouldn't be surprised if he personally perused all the filing docs.
Good to hear from you, Baggy. Haven’t seen you in a while.
Yeah, investigate the only person in the US that can send people into space and bring them back.
or the political prisoners of 1/6
or people in the military capriciously treated over vaccines
or Trump
or .....
Pick a victim that is a conservative.
: )
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