When Mike Lindell decided to have a massive fire sale to recover some of the losses he has suffered in his business thanks to his supporting the “big lie” from the the 2020 election and some nutty COVID-19 theories, he surely didn’t think it would go like this.
Sure, auctions can be risky. But Lindell probably didn’t imagine he would have items that typically sell for 250-1000 dollars having high bids of 5 bucks, and an alarming high number of items that have no bids at all.
MyPillow is currently selling 854 items on the online auction site K-Bid, with bidding due to finish at various different times on Tuesday.
There are over 100 items that have no bids. This includes a 60-door locker unit, a package of “approx. (54) span track rollers” and a large wooden desk with two swivel chairs.
Others currently have a top bid that aren’t only significantly below the items’ market value, they are just downright embarrassing. For example, a 45-inch by 20-inch ‘Hytrol Power Belt Conveyor’ is currently going for $5. Similar products are being sold for more than $250 on other second-hand websites.
Another example is an “entry security cage,” 88x66x99 inches in size, also has $5 as the top bid. Similar items are being sold second-hand, for over $1,000 elsewhere.
In 2020, during the coronavirus pandemic, Lindell pushed for fast tracking what he claimed to be a “cure” for the virus. Oleandrin was the name of the drug Lindell pushed.
It turned out that Oleandrin wasn’t only ineffective against the virus, it was poison.
Lindell also challenged anyone to debunk his “evidence” that proved the 2020 election was stolen. A tech expert easily disproved Lindell and his so-called evidence and an arbitration panel later ruled that Lindell now owes that man 5 million dollars.
“Based on the foregoing analysis, Mr. Zeidman performed under the contract,” the arbitration panel wrote in its decision. “He proved the data Lindell LLC provided, and represented reflected information from the November 2020 election, unequivocally did not reflect November 2020 election data. Failure to pay Mr. Zeidman the $5 million prized was a breach of the contract, entitling him to recover.”
Mike Lindell is also facing various defamation suits related to his false claims about the 2020 election.
The “My Pillow Guy” once claimed that all these lawsuits were good for his business. It is doubtful he is making the same claims now as he is sinking fast and forced to sell off pieces of his business and his pillows at a severely discounted 51 dollars a palate.
Mike Lindell’s emergency auction is a disaster. There’s dozens of items with $5 bids. Plus, they have pallets of “surplus” pillows selling for $51 a pallet. pic.twitter.com/NTwzoZjbM5
— Hoodlum 🇺🇸 (@NotHoodlum) July 12, 2023