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servermsh

(1,406 posts)
Mon Jan 18, 2021, 03:26 PM Jan 2021

NYT: Dominion will likely sue the My Pillow guy!




Breaking NYT: Officials with Dominion Voting Systems have sent Mike Lindell, the CEO of MyPillow, a legal letter warning of pending litigation over his baseless claims of widespread fraud involving their machines.
56 replies = new reply since forum marked as read
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NYT: Dominion will likely sue the My Pillow guy! (Original Post) servermsh Jan 2021 OP
It doesn't hurt, too, that he's got deep pockets.... Sogo Jan 2021 #1
Deep gussets. dchill Jan 2021 #49
Please oh please shove his pillow up his court system. LakeArenal Jan 2021 #2
he might need a couple of pillows in court to sit his big ass on mdbl Jan 2021 #26
Plus his head, Lindsey's and Ted's heads are already up there. LakeArenal Jan 2021 #29
Good one! MLAA Jan 2021 #31
LOL mdbl Jan 2021 #53
Sue For $151 Million ProfessorGAC Jan 2021 #3
Ok maybe I just don't get this dsc Jan 2021 #30
im sure his profit margin is well above that rdking647 Jan 2021 #34
yeah I saw the video linked below and was floored dsc Jan 2021 #35
I Think That's $50 For 2 ProfessorGAC Jan 2021 #40
guess I need to get out more dsc Jan 2021 #47
I Have An Expensive One ProfessorGAC Jan 2021 #51
true that dsc Jan 2021 #52
Mine are significantly more. But l like sleeping on down pillows. GulfCoast66 Jan 2021 #54
According To Moody's... ProfessorGAC Jan 2021 #36
well it is hardly shocking he is a charlatan dsc Jan 2021 #48
they sued the crazy lawyer lady for $1B.... getagrip_already Jan 2021 #41
I Forgot About That ProfessorGAC Jan 2021 #46
Do it! Let's take these bastards down! Initech Jan 2021 #4
I sure hope he doesn't lose his entire fortune and return to his crack-smoking days (nt) mr_lebowski Jan 2021 #5
He'll start a new business "Large Obvious Crosses Worn Obviously So As To Pander" Stinky The Clown Jan 2021 #8
I'm sure Kayleigh will be first in line to buy stock mr_lebowski Jan 2021 #11
UGH!! First time I saw his commercials, that was the FIRST stupid thing I noticed... AZ8theist Jan 2021 #19
I always notice them Stinky The Clown Jan 2021 #23
Same here. You flaunt your christian BS, you lost me. Permanently. AZ8theist Jan 2021 #25
Me too. OldBaldy1701E Jan 2021 #39
Not sure his crack-smoking days are actually behind him. dchill Jan 2021 #50
Stupidity has consequences central scrutinizer Jan 2021 #6
Lindell has relatively deep pockets. Dominion should go for broke Mike 03 Jan 2021 #7
I Doubt It ProfessorGAC Jan 2021 #37
a page out of trumps book..... getagrip_already Jan 2021 #43
Double It? ProfessorGAC Jan 2021 #45
Sue the stuffing out of em C_U_L8R Jan 2021 #9
Can't wait to buy My Pillows from Dominion Renew Deal Jan 2021 #10
Soon it will be Their Pillows Generic Brad Jan 2021 #20
I saw a video that showed what is in those pillows and they seem to be like any other pillow Escurumbele Jan 2021 #22
I would order one from dominion! MLAA Jan 2021 #32
sue the pillows off him. how about ... 300 million. bullimiami Jan 2021 #12
It's Half Of That ProfessorGAC Jan 2021 #38
He's gonna have so much stuff coming at him.... VA_Jill Jan 2021 #13
Mike lindell is going to go broke and spend the rest of his life in shame JDC Jan 2021 #14
K&R Blue Owl Jan 2021 #15
Twitter reply: Rhiannon12866 Jan 2021 #16
Pillow case! Love it! MLAA Jan 2021 #33
Sleep Well. nt Xipe Totec Jan 2021 #17
Do it ASAP. dalton99a Jan 2021 #18
Pockets Might Not Be Deep DallasNE Jan 2021 #21
Good! tblue37 Jan 2021 #24
My Pillow guy has been fomenting insurrection in his spare time ladym55 Jan 2021 #27
Is he crying into his pillow? world wide wally Jan 2021 #28
Say buh-bye Mr My Pillow Guy! Wait till he finds out how wealthy Dominon is. marble falls Jan 2021 #42
Good! SergeStorms Jan 2021 #44
Here's the letter Gothmog Jan 2021 #55
Bankrupt The SOB colsohlibgal Jan 2021 #56

mdbl

(5,499 posts)
26. he might need a couple of pillows in court to sit his big ass on
Mon Jan 18, 2021, 05:02 PM
Jan 2021

oh wait, he's the big ass. Oh well.

ProfessorGAC

(70,490 posts)
3. Sue For $151 Million
Mon Jan 18, 2021, 03:28 PM
Jan 2021

That's a million bucks more than his crappy little company is worth.
Given the pay at the company is so rotten, nobody working there will care who owns the company.

dsc

(52,685 posts)
30. Ok maybe I just don't get this
Mon Jan 18, 2021, 05:28 PM
Jan 2021

but just how many pillows could he be selling? Assume Five dollar profit per pillow, is he selling like a million a year?

 

rdking647

(5,113 posts)
34. im sure his profit margin is well above that
Mon Jan 18, 2021, 05:39 PM
Jan 2021

they sell for 30-40 each and probably cost a couple bucks to make

dsc

(52,685 posts)
35. yeah I saw the video linked below and was floored
Mon Jan 18, 2021, 05:40 PM
Jan 2021

they cost fifty bucks, sweet Jesus.

ProfessorGAC

(70,490 posts)
40. I Think That's $50 For 2
Mon Jan 18, 2021, 05:51 PM
Jan 2021

Not sure, though.
But, they sell them at Bed, Bath & Beyond and they aren't $50.

ProfessorGAC

(70,490 posts)
51. I Have An Expensive One
Mon Jan 18, 2021, 06:30 PM
Jan 2021

Paid $90 for it. But that was 15 or 16 years ago. It's a high quality memory foam and after all that time, it's still like the day I bought it.
I know ninety bucks is a lot, but if I get 25 years out of it, I think it's ok.

ProfessorGAC

(70,490 posts)
36. According To Moody's...
Mon Jan 18, 2021, 05:44 PM
Jan 2021

...the company value is $150 million with $141 million in revenues. Net income before taxes was around $9 million.
BTW, the estimated debt to equity is 4.8. So, a lot of revenue is consumed by interest payments. Probably $4.5-5 million a year.
They also have 1,500 employees. For a $141,000,000 revenue company. That's $94k per employee in revenues. The company from which I retired had revenue per employee of nearly $1.65 million.
Last point: If that company actually has total compensation cost of 30% of revenues (0.7% above the median for manufacturing sector), that would be $42.3 million for compensation. For 1,500 people! That's $28,200 per person!
Taking an extreme that the compensation is 40% of revenues, it still means the average total compensation is $37,600 per person!
It's a shabby little outfit, the product is junk (high line sheets are 400 count?), and the employees are poorly paid.
He's a charlatan.

ProfessorGAC

(70,490 posts)
46. I Forgot About That
Mon Jan 18, 2021, 06:08 PM
Jan 2021

But, I was thinking that it would advertise that this guy is not the business titan he pretends to be.

AZ8theist

(6,547 posts)
19. UGH!! First time I saw his commercials, that was the FIRST stupid thing I noticed...
Mon Jan 18, 2021, 04:38 PM
Jan 2021

Made me puke in my mouth a little.....

Then I researched him. And found out what a truly scumbag he was....

Stinky The Clown

(68,474 posts)
23. I always notice them
Mon Jan 18, 2021, 04:57 PM
Jan 2021

Watch the Prevagen commercials. At least two of the male spokesmodels have them, worn obviously, sticking out of their shirt collars in a way to try to look casual but is clearly intentional.

For me, that display makes buying the product being hawked a real non-starter.

Mike 03

(17,298 posts)
7. Lindell has relatively deep pockets. Dominion should go for broke
Mon Jan 18, 2021, 03:34 PM
Jan 2021

Allegedly, Lindell is worth $300 Million.

It's very odd to have one's net worth listed on Wikipedia (in my experience, at least).

Occupation Founder and CEO of My Pillow
Net worth US$300 million (2018)[1]
Political party Republican


https://en.wikipedia.org/wiki/Mike_Lindell

ProfessorGAC

(70,490 posts)
37. I Doubt It
Mon Jan 18, 2021, 05:48 PM
Jan 2021

The whole company is worth $150 million with around $124 million in debt.
Net income before taxes is around $9 million. They only incorporated in the middle of 2009.
I do not believe the net worth is $300 million.
This guy is pulling the same "fake rich guy" scamp T+@ pulled.

getagrip_already

(17,526 posts)
43. a page out of trumps book.....
Mon Jan 18, 2021, 05:57 PM
Jan 2021

Whatever you want people to think you are worth, double it and sue anyone who says otherwise.

Escurumbele

(3,643 posts)
22. I saw a video that showed what is in those pillows and they seem to be like any other pillow
Mon Jan 18, 2021, 04:57 PM
Jan 2021

Its just stuffing, cut-outs of foam, there is nothing scientific as he claims "he invented"...

Here is the video:

bullimiami

(13,996 posts)
12. sue the pillows off him. how about ... 300 million.
Mon Jan 18, 2021, 03:53 PM
Jan 2021

Thats what his stupid company is supposed to be worth.

ProfessorGAC

(70,490 posts)
38. It's Half Of That
Mon Jan 18, 2021, 05:49 PM
Jan 2021

And equity is only around $26 million.
He's a fraud from the PINO mold.

VA_Jill

(11,067 posts)
13. He's gonna have so much stuff coming at him....
Mon Jan 18, 2021, 03:59 PM
Jan 2021

St. Sebastian will have nothing on him. Neither will Custer.

JDC

(10,515 posts)
14. Mike lindell is going to go broke and spend the rest of his life in shame
Mon Jan 18, 2021, 04:02 PM
Jan 2021

He flies very close to the sun it seems.

DallasNE

(7,585 posts)
21. Pockets Might Not Be Deep
Mon Jan 18, 2021, 04:52 PM
Jan 2021

He likely has MP set up as an LLC so little of his personal wealth is in personal accounts that can be attached.

ladym55

(2,577 posts)
27. My Pillow guy has been fomenting insurrection in his spare time
Mon Jan 18, 2021, 05:17 PM
Jan 2021

I keep thinking that being sued by Dominion should be the least of his problems. Shouldn't the feds be coming after him for his speeches about the Big Lie and taking the country back for happy white supremacists? (Inquiring minds and all that)

SergeStorms

(19,335 posts)
44. Good!
Mon Jan 18, 2021, 05:59 PM
Jan 2021

That criminal asshat certainly deserves it. Knowing him, he'd want to pay any law suit off with his stupid pillows, like Nathan Arizona in the movie 'Raising Arizona'.

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