MyPillow CEO Mike Lindell says his firm is currently facing a “massive cancellation” and being forced to auction off its equipment and sublease its manufacturing spaces. 

Lindell claims that many of the stores and networks that bought its products have canceled thousands of orders, causing the company to lose $100 million.

This comes after big retailer brands, including Kohl’s, Walmart and Bed Bath & Beyond, have pulled all MyPillow products from their stores after Lindell falsely asserted that the 2020 presidential election was “rigged and stolen” from former President Donald Trump, without ever providing evidence to substantiate his claims.

MyPillow is currently utilizing the online website K-BID Online Auctions to sell its materials, including commercial supplies, printers, forklifts, electronics and conveyor belts. 

The website is currently offering huge discounts claiming that shoppers can “save over 80%” on select products. 

Lindell stated that if their retailers change their minds, there would be no issue replacing the auctioned products. 

MyPillow is not the only problem Lindell is facing. He is currently facing a $1.3 billion lawsuit by Dominion Voting Systems, which is accusing him of defamation for his false claims about the company.

IN MEMORIAM 2022: 100 GREAT CELEBRITIES WHO DIED IN 2022

In April, Lindell was ordered by an arbitration panel to pay software developer Robert Zeidman $5 million after Lindell pledged to pay $5 million to anyone who could disprove that his data showed election fraud.

Zeidman was able to do this, but now Lindell is refusing to pay the $5 million and instead filed his own motion to toss out the ruling.

For Lindell to be successful in his petition, the court would need to find that the panel was corrupt, committed misconduct or exceeded its power. Zeidman has filed a petition in a Minnesota federal court demanding Lindell pay the $5 million and an additional 10% interest per year.

Leave a comment

Subscribe to the uInterview newsletter

Read more about: