Worth pointing out, if they fail to comply, Elon isnt bound by billion dollar termination clause.
The deal goes both ways. If twitter lied, they very well could end up owing him the 1 billion. Worst case is that they both owe each other a billion and it's a wash.
Worse yet, if they come clean, that means admission to fraudulent FTC filings. All of the board and executives could be in trouble with criminal offenses.
They won't come clean for that very reason. If, for some reason or another, it comes to that then there could be a domino effect with other organizations having the FTC and SEC knocking at their doors.
Yeah ‘cause they be nail’n criminals left and right these days.
(post is archived)