2 months ago
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You may have forgotten that Mike Lindell, the CEO of MyPillow, also owns his own social media network. Lindell, who, among other things, is an undying Donald Trump stan, started the site back in 2021, in what seems to have been a rebuke of the “cancel culture” happening on other sites at the time. Lindell promised his site, which he ultimately dubbed “FrankSpeech,” would be “censorship-free.” Lindell was notably kicked off Twitter that same year for spreading conspiracy theories related to the 2020 presidential election.
FrankSpeech—which, surprisingly, still exists—will soon go public. In a press release, Lindell’s company announced a new business deal that will introduce the weird conservative media platform to the stock market. The deal seeks to merge Lindell’s FrankSpeech, Inc., with another company, InCapta, Inc., a publicly traded media holding company. Together, the two firms will form a new entity, FrankSpeech Network, Inc., which will eventually be listed under the ticker symbol “FSBN,” the press release states.
The deal comes in the form of a reverse stock split, in which a company’s shares are consolidated. Forbes describes it as “rare among large, stable companies and more typical of those struggling to maintain their listing on exchanges with minimum price requirements.”
In a statement that was surprisingly cogent and non-rambling, Lindell praised the deal and framed it as an expansion of his business. “This business marriage reflects our mutual commitment to growth and innovation. With the support of InCapta’s experienced team and our roster of influential hosts, FrankSpeech is strategically positioned to lead in media and technology.”
The FrankSpeech Network’s website describes itself as a “pioneering force dedicated to freedom of speech and technology,” and amazingly claims that FrankSpeech garners “7.2 million monthly viewers and 150 million annual impressions,” which is way more than I would’ve thought possible, but a drop in the bucket for a social media company.
Despite the fact that the site has defined itself as a “free speech” haven, it was reported in 2021 that FrankSpeech was actually planning on banning a whole lot of stuff that would typically fall under that category, including curse words, porn, and using “God’s name in vain,” as Lindell put it.
“People asked me, ‘You’re going to let everything go? Porn? Swearing? Everything?’ And I said, ‘Absolutely not,’” Lindell said during an appearance on a right-wing radio show. “We have a thing we found in the Constitution and our founding fathers that defines what free speech is.” Whatever that “thing” is that Lindell found, mainstream constitutional scholars must have somehow missed it, since most of them have deemed all of that stuff protected speech.
Anyway, there you have it, folks. Now is your time to get excited about investing in a bold new piece of stock market real estate. FSBN is coming. Invest in “free speech” now!
