plan b twitter
π¨ Elon Musk's PLAN B To Take Over Twitter πthe battle between elon musk and twitter,continues and i'
Updated on Jan 14,2023
π¨ Elon Musk's PLAN B To Take Over Twitter π
the battle between elon musk and twitter,continues and i've been proven right,remember a week ago a few days ago when,we first,reported that uh elon musk has become,the largest shareholder so many lefties,and also ignorant and economic,electorates who came and said,yeah but nothing's going to happen he's,not going to make an offer to buy the,whole thing he's not going to try and,do a hostile takeover well how's that,looking guys because that was the,incredible complacency that twitter,bosses also had they weren't really,expecting elon musk to go all the way,out but i'm gonna i'll show you in,actual evidence and proof of why this,was always gonna happen because this is,always a mentality of elon musk but,there's a bit of a problem now because,the the board of directors,on twitter have decided to trigger,the poison pill so the essentially the,shareholders rights the right plan is,essentially to stop potential takeovers,so that if uh someone like elon musk who,already has a big chunk like nine,percent of,the shares you you can't just you kind,of stop them from taking over by just,buying more shares so what it does is um,it kind of,creates a limit,so if someone as a larger shareholder,has about 20 percent of the shares then,it gives rights to all the other,shareholders and other people,to buy more shares at a discount price,which means they're going to flood the,market with new shares it's like,printing money,but,everyone can do it apart from elon musk,the re they've gone even more extreme,this way because for twitter this case,they're going for 15,so if elon musk,buys a bit more shares and gets to 15,then this will be triggered now the,issue is there are a lot of loopholes,and you could do a lot more uh but the,board of directors are trying to be,dictatorial,they don't want to give rights to the,shareholders to vote on this decision,whether to sell twitter to elon musk and,uh he did come and say you know he,doesn't really care about money for them,maybe it's not their money it's the,cause that matters,my,strong intuitive sense is that uh having,a public platform that is maximally,trusted,and and and and,broadly inclusive,um,is extremely important,to the future of civilization but you've,you've described yourself i don't care,about the economics at all,okay that's that's core he doesn't care,about the economics of it because,if he's already started this journey and,he's always been one of those characters,that the more you tell him not to do,something the more he wants to do it or,the more you tell him you're going to,fail the more he's going to do it and it,is the right move,not just for him but for twitter and for,the users for all of us and for the,future of humanity not the whole of,humanity we don't want to make it,give too much credit to twitter one app,one website but is the the philosophy,behind this move and what's happening,exactly,in our culture,on big tech platforms because,it's no longer the late 90s and early,2000s internet but it was all pro free,speech it is now run by the millennials,and a generation zed the zoomers so,we're going to come back with a couple,of more updates for you guys on mitc and,we are the media
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