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09-28-2024, 12:35 PM
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#16
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 10,228
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... Why don't you look-about... Maybe the NY Times, CNN, or the AP
have a bit on this.
#### Salty
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09-28-2024, 01:04 PM
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#17
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Valued Poster
Join Date: Jan 21, 2011
Location: Bonerville
Posts: 5,993
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I suspect that Newsmax settled for somewhere between 350 and 400 million. It's a win for them and that they don't have to shell out over a billion dollars, and it's a win for smartmatic who is indeed facing allegations of bribery. However allegations have yet to be proven, and just like Trump allegations, they don't always stick.
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09-28-2024, 07:40 PM
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#18
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Lifetime Premium Access
Join Date: Nov 16, 2013
Location: Baton Rouge
Posts: 6,109
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Quote:
Originally Posted by Salty Again
... NO - NO - NO... Salty IS NOT sayin' that Smartmatic
got $400 million from Newsmax.
What I'm sayin' is that Smartmatic was NOW asking for
A BILLION Dollars Less than before. ... Because of
the recent indictment and NOW Smartmatic was afraid
of going to Court.
So, ergo - the CONFIDENTIAL settlement.
That obviously was LESS than the $400 million asked for.
Maybe Newsmax didn't pay th--- Ooop! ... CONFIDENTIAL.
#### Salty
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Total bullshit. They paid well over a hundred millionsl
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09-29-2024, 12:12 AM
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#19
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 10,228
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Quote:
Originally Posted by 1blackman1
Total bullshit. They paid well over a hundred millionsl
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... Really? ... Well, YOU surely wouldn't know, as the
settlement is CONFIDENTIAL.
We CAN, however, reckon that the settlement was no doubt
somewhere between 0 (zero) and LESS THAN $400 million dollars.
... Not sure how that thinking is "bullshit"...
#### Salty
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09-29-2024, 09:03 AM
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#20
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,330
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Quote:
Originally Posted by Salty Again
... Really? ... Well, YOU surely wouldn't know, as the
settlement is CONFIDENTIAL.
We CAN, however, reckon that the settlement was no doubt
somewhere between 0 (zero) and LESS THAN $400 million dollars.
... Not sure how that thinking is "bullshit"...
#### Salty
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We do know that FOX News paid Dominion $787 million for defamation. And Dominion is seeking up to $1.6 billion from Newsmax for defamation.
My guess is that the number is closer to $400 million than zero.
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09-29-2024, 11:11 AM
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#21
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Valued Poster
Join Date: Oct 7, 2010
Location: Planet Earth
Posts: 10,702
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Newsmax has a projected revenue of $181m in 2024. If Trump and his bullshit go away in November, so does probably at least half of that revenue for 2025.
Apparently providing clueless right-wing nuts with bullshit information is not so lucrative after all. My point is that whatever that settlement is, it was probably on the low end because they are hardly flush with cash, but they are going public so that will be a cash infusion from CFF.
https://invest.newsmax.com/pdf/Newsm...estor-2024.pdf
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09-29-2024, 11:33 AM
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#22
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Valued Poster
Join Date: Jan 1, 2010
Location: Austin Texas
Posts: 2,298
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Quote:
Originally Posted by Lucas McCain
Newsmax has a projected revenue of $181m in 2024. If Trump and his bullshit go away in November, so does probably at least half of that revenue for 2025.
Apparently providing clueless right-wing nuts with bullshit information is not so lucrative after all. My point is that whatever that settlement is, it was probably on the low end because they are hardly flush with cash, but they are going public so that will be a cash infusion from CFF.
https://invest.newsmax.com/pdf/Newsm...estor-2024.pdf
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Maybe they need to get the suit settled since they are attempting to go public in 2025.
Dear Reader:
We have some big news to share.
Newsmax plans to go Public as a listed company as soon as the end of this year or early 2025.
And we have more good news: We are offering Shares of our company stock — a 7% accrued dividend convertible preferred stock offering.
If you qualify, you can invest in our company!
For as little as $5,000 you can become a shareholder and owner of Newsmax – and be part of America’s fastest-growing cable news channel.
https://invest.newsmax.com/
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09-29-2024, 10:40 PM
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#23
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 10,228
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... The suit IS settled.
... Here's some more good news - it certainly looks like
Smartmatic and their machines can be bought.
Recent Indictments and what-not... ... Rent their machines Today!
Perhaps the settlement was $1 dollar in token damages...
Likely we may never know... Confidential.
#### Salty
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09-30-2024, 08:36 AM
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#24
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,330
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Quote:
Originally Posted by Salty Again
... The suit IS settled.
... Here's some more good news - it certainly looks like
Smartmatic and their machines can be bought.
Recent Indictments and what-not... ... Rent their machines Today!
Perhaps the settlement was $1 dollar in token damages...
Likely we may never know... Confidential.
#### Salty
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OF course machines from Smartmatic and Dominion can be bought and rented today because there is zero proof that the manufacturers committed any fraud. Votes tabulated by machines were hand-counted and confirmed in all cases. That is why Dominion and Smartmatic are much richer today due to court settlements in their favor.
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09-30-2024, 09:05 AM
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#25
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,144
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Quote:
Originally Posted by Salty Again
... The suit IS settled.
... Here's some more good news - it certainly looks like
Smartmatic and their machines can be bought.
Recent Indictments and what-not... ... Rent their machines Today!
Perhaps the settlement was $1 dollar in token damages...
Likely we may never know... Confidential.
#### Salty
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Perhaps Smartmatic paid NEWSMAX a million dollars
Or likely may never know or not whether it’s confidential or not.
Word salad Salty.
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09-30-2024, 10:07 AM
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#26
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Valued Poster
Join Date: Jan 21, 2011
Location: Bonerville
Posts: 5,993
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Quote:
Originally Posted by Salty Again
... The suit IS settled.
... Here's some more good news - it certainly looks like
Smartmatic and their machines can be bought.
Recent Indictments and what-not... ... Rent their machines Today!
Perhaps the settlement was $1 dollar in token damages...
Likely we may never know... Confidential.
#### Salty
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A dollar...thank you for the laugh.
Confidentially speaking.
But me insiders tell me you are missing a few suitcases or barrels full of grants and Franklin's.
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09-30-2024, 11:07 PM
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#27
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 10,228
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Quote:
Originally Posted by Yssup Rider
Perhaps Smartmatic paid NEWSMAX a million dollars
Or likely may never know or not whether it’s confidential or not.
Word salad Salty.
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... No, I don't believe yer post is "word salad" there, Yssup.
Reckon there is the rather odd chance that Smartmatic DID
pay Newsmax... ... ... But, CONFIDENTIAL.
#### Salty
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10-01-2024, 09:15 AM
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#28
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,144
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Yawn… confidentially of course.
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10-01-2024, 11:56 AM
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#29
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Lifetime Premium Access
Join Date: Nov 16, 2013
Location: Baton Rouge
Posts: 6,109
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Me sources say the settlement was for 270 or thereabouts paid to Smartmatic by Newsmax.
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10-02-2024, 07:18 AM
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#30
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,330
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Quote:
Originally Posted by 1blackman1
Me sources say the settlement was for 270 or thereabouts paid to Smartmatic by Newsmax.
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I assume you mean $270 MILLION. Less than $400 million that you speculated would be the high end of the settlement but still a significant amount of money. Hopefully a lesson learned by Newsmax and other lying companies.
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