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BOREALIS

07/13/23 7:17 PM

#449004 RE: BOREALIS #444634

Mike Lindell Reveals MyPillow Has Lost $100M as He Auctions Off Equipment

BY JAMES BICKERTON ON 7/11/23 AT 9:29 AM EDT

MyPillow CEO Mike Lindell has claimed the company "lost $100 million" after major retailers stopped stocking its products in response to his vocal support for the discredited conspiracy theory that the 2020 presidential election was stolen from Donald Trump. .. https://www.newsweek.com/mike-lindell-huge-amount-hes-spent-trying-overturn-election-1800182

Due to its difficult financial situation, the company is currently selling hundreds of pieces of surplus equipment on the online auction site K-Bid, and subleasing manufacturing space.

Trump is continuing to insist the 2020 presidential contest was rigged against him, despite the claim being repeatedly rejected in court and by independent and even Republican-leaning legal experts. Special Counsel Jack Smith is investigating whether Trump broke the law in his bid to overturn the election, including his role in the January 6, 2021, storming of Congress by Trump supporters.

Speaking to the Minnesota-based newspaper Star Tribune, Lindell said MyPillow was hit with a "massive, massive cancellation" after his election fraud claims.

https://www.startribune.com/mypillow-is-auctioning-off-equipment-after-losing-many-retailers-mike-lindell-minn-2020-election/600288705/

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https://www.newsweek.com/mike-lindell-mypillow-lost-100-million-auctioning-equipment-1812211