Mike Lindell, founder of MyPillow, announces plans to take his social media company public
Revamped Rant: The Gist of FrankSpeech Network - Mike Lindell's Censorship-Free Social Media Platform
Hey there! Ever heard about FrankSpeech Network, the brainchild of MyPillow CEO, Mike Lindell? This controversial social media network is not just another fish in the sea. Launched back in 2021, FrankSpeech was created as a sassy response to the "cancel culture" flooding other platforms at the time. It was positioned as a censorship-free zone - quite a paradox, considering Lindell was booted from Twitter the same year for pushing election conspiracy theories.
The oddball conservative media platform, now preparing to go public, will soon grace the stock market. Lindell's company announced a deal with InCapta, Inc., a publicly traded media holding company, to form a new entity, FrankSpeech Network, Inc., listed under the ticker symbol "FSBN."
A reverse stock split will make this happen, according to Forbes, which hints at this move being less common amongst large, stable companies and more so for those battling to meet minimum price requirements on exchanges.
In a surprisingly clear and coherent statement, Lindell expressed excitement about the business union, describing it as a joint effort to drive growth and innovation. He ambitiously claimed that FrankSpeech was poised to revolutionize media and technology.
The FrankSpeech Network's website boasts about their dedication to freedom of speech and technology. Interestingly, the platform reportedly reaches 7.2 million monthly viewers and generates 150 million annual impressions - a small drop in the ocean for a social media giant.
Despite setting itself up as a free speech bastion, FrankSpeech drew flak in 2021 for reportedly planning to ban popular content like curse words, pornography, and using "God's name in vain." This begs the question of how Lindell defines "free speech." Mainstream constitutional scholars, however, view these activities as protected speech.
Out with the old and in with the FSBN! The stock market is soon adorning a new kid on the block. So, buckle up and prepare to invest in unfiltered "free speech" - if that's your jam, that is!
- Mike Lindell's FrankSpeech Network, a controversial social media platform, is preparing to go public and join the stock market under the ticker symbol "FSBN", a move that is relatively less common amongst stable companies due to a reverse stock split.
- In the spirit of driving growth and innovation, Lindell, the MyPillow CEO, expressed excitement about the business union with InCapta, Inc., anticipating FrankSpeech to revolutionize media and technology.
- Despite positioning itself as a censorship-free zone, FrankSpeech Network, which reportedly reaches 7.2 million monthly viewers, has faced criticism for planning to ban popular content, raising questions about Lindell's interpretation of free speech.
- As the stock market prepares to welcome the new company, the strange symbol "FSBN" might become a fitting emblem for a social media network that stands at the intersection of the tech world and the democratic principles of free speech.
