Ever wake up in the morning, read the news headlines, and they’re so insane you just start laughing like Woody Woodpecker? Yes, every day! Or maybe it’s just me!
. . . The biggest investor, according to itself, was a company called GD Culture Group, which is made up of eight Chinese investors and spent $300 million. The company recorded zero revenue last year from an e-commerce business it runs on TikTok, and disclosed last month that it was in danger of losing its Nasdaq listing because it had failed to meet certain financial requirements. So whither and from whom did it get $300 million? Why, from a stock sale to an unnamed entity in the British Virgin Islands! And that is all we know. However, the company’s annual report notes that “The Chinese government may intervene or influence its operations at any time,” as is the Chinese government’s way. So whoever it is, it is no one who the Chinese government would disapprove of.
Remember when Trump was trying to ban TikTok, and then suddenly the algorithm started pushing his messaging before the election, and then he loved them again? Ha ha ha HA ha! Ha ha ha HA ha! HAHAHAHAHA!
this post was submitted on 23 May 2025
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