AL Political Reporter: “A closer look into U.S. Senate candidate Mike Durant’s required financial reporting shows he is an extremely wealthy individual, with a multimillion-dollar estate in Colorado, who has benefited from recent federal bailout funds, used his company’s services to further his campaign and purchased copies of books he has written using campaign contributions.
FEC filings reveal that his campaign paid $11,648.10 to Pinnacle Solutions, the company Durant founded and of which he still serves as CEO, before he sold the company on December 31, 2021.
Durant’s company had previously taken $6 million in fully-forgiven PPP funds from the federal government before he in-turn dumped over $4 million into his campaign after announcing his candidacy in October. That infusion of cash also came before Durant sold the company.
The campaign funds Durant paid to Pinnacle Solutions were listed for a variety of reasons, including rent, telephone, travel and lodging, graphic design consulting, and administrative consulting services. The expenses were from November and December 2021. Expenses from January through the end of March 2022 will be disclosed in April.”