Trump owns like 55%. If twitter canât make it as a mainstream platform, untruth Social is Fâd. Itâs a niche customer who has no money and advertisers are repulsed by. Itâs a dumpster fire.
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Trump Is in Line for a $3.5 Billion Windfall From Stake in Truth Social
- Thread starter iku
- Start date
Trump supporters will swallow anything, but I don't think they are where the money's at to buy the stock. We'll see. Of course they'll spend a couple hundred for crappy vodka or shoesTrump owns like 55%. If twitter canât make it as a mainstream platform, untruth Social is Fâd. Itâs a niche customer who has no money and advertisers are repulsed by. Itâs a dumpster fire.
The problem is, Trump can't use that money to pay off his debts.
www.salon.com
The company, which owns Trumpâs Truth Social platform, will trade on the stock market. The deal is expected to inject more than $300 million into Trump Media, which has âall but exhausted its available cash,â and allow Truth Social to keep operation, according to the report.
âAny lockup change or waiver will be decided by the post-merger companyâs board, which will be stocked with Trump allies,â The Washington Post reported, including Trumpâs son Donald Jr., and former administration officials Robert Lighthizer, Linda McMahon and Kash Patel.
But even if Trump gets a waiver, he wouldnât be able to sell more than a small fraction of his stake at any given time â up to 1% of the outstanding shares every quarter, Politico reported. And if he eventually seeks to unload a large quantity of stock it could scare off investors and hurt the companyâs value because âitâs simply trading on Trumpâs name,â Kristi Marvin, founder of research firm SPACInsider, told the outlet.
âCritics have said Trump Media is a âmeme stockâ with a more than $6 billion valuation they say is out of sync with its financial outlook. Trump Media lost $49 million in the first nine months of last year and brought in $3.4 million in revenue,â the Post reported.
Joe's Comment: Seriously, this looks like some serious shenanigans here.
The company invests $300MM, but it turns into 5 Billion in stock, even though the company LOSES money on a consistent basis?
Trump cashes in â but can't use Truth Social payout for $454M penalty
Trump is barred from selling shares for six months â and could only sell a small fraction if he's given a waiver.
www.salon.com
The company, which owns Trumpâs Truth Social platform, will trade on the stock market. The deal is expected to inject more than $300 million into Trump Media, which has âall but exhausted its available cash,â and allow Truth Social to keep operation, according to the report.
âAny lockup change or waiver will be decided by the post-merger companyâs board, which will be stocked with Trump allies,â The Washington Post reported, including Trumpâs son Donald Jr., and former administration officials Robert Lighthizer, Linda McMahon and Kash Patel.
But even if Trump gets a waiver, he wouldnât be able to sell more than a small fraction of his stake at any given time â up to 1% of the outstanding shares every quarter, Politico reported. And if he eventually seeks to unload a large quantity of stock it could scare off investors and hurt the companyâs value because âitâs simply trading on Trumpâs name,â Kristi Marvin, founder of research firm SPACInsider, told the outlet.
âCritics have said Trump Media is a âmeme stockâ with a more than $6 billion valuation they say is out of sync with its financial outlook. Trump Media lost $49 million in the first nine months of last year and brought in $3.4 million in revenue,â the Post reported.
Joe's Comment: Seriously, this looks like some serious shenanigans here.
The company invests $300MM, but it turns into 5 Billion in stock, even though the company LOSES money on a consistent basis?
Likely not.
He has till Monday to come up with the cash.
Everyone is/are going out of their way to block Him from coming up with the cash.
It doesn't help when some are saying that Trump is broke and has no money and he overrated his worth.
Trump is a Billionaire but his billions is/are tied up in properties and not cash.
Which is not a bad thing because you can't earn anything having cash sitting in a bank earning next to nothing in interest.
The Judge and James are taking advantage of that setting the Bond so high.
This was all well planned out to take trump's properties and take him down.
The cash he does have on had is needed for his Campaign.
Today Trump says he has $400 million cash.
Trump's supporters banded together to push up the stock, valuing Truth Social to a staggering $6 billion.
We will know on Friday if Trump makes some $$ on his investment. Art of the Deal. What a great businessman.
LoadingâŚ
www.wsj.com
There's something wrong here. Is it a shell company?
/cloudfront-us-east-1.images.arcpublishing.com/morningstar/2OX3FTBBTDIOMUMSJJFHKFC5FE.jpg)
How to Lose Money: Buy Digital World Acquisition Corp.
The odds are stacked against public shareholders.
Trump owns like 55%. If twitter canât make it as a mainstream platform, untruth Social is Fâd. Itâs a niche customer who has no money and advertisers are repulsed by. Itâs a dumpster fire.
Take a look. You probably understand this better than me.
How to Lose Money: Buy Digital World Acquisition Corp.
The odds are stacked against public shareholders.
Trump supporters will swallow anything, but I don't think they are where the money's at to buy the stock. We'll see. Of course they'll spend a couple hundred for crappy vodka or shoes
How to Lose Money: Buy Digital World Acquisition Corp.
The odds are stacked against public shareholders.
Trump's supporters banded together to push up the stock, valuing Truth Social to a staggering $6 billion.
We will know on Friday if Trump makes some $$ on his investment. Art of the Deal. What a great businessman.
LoadingâŚ
www.wsj.com
Lolol
How to Lose Money: Buy Digital World Acquisition Corp.
The odds are stacked against public shareholders.
I've nothing against Trump or any investor making all the money they legally can, but there's no way I'd put a cent into a meme stock. Any real dough that comes about won't be coming from my pocket.
Want to Lose Money? Buy the Trump-linked SPAC
The odds are stacked against public shareholders
www.morningstar.co.uk
crossbody
Platinum Member
- Jan 30, 2024
- 867
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- 873
On Monday, March 25, 2024 President Donald J.Trump will add more than 3 Billion to his net worth as his "Truth Social Company" goes Public on the Stock Exchange making Truth Social worth 5.5 Billion.
Isn't it amazing how this all started from President Trump getting banned from Twitter (X) and other sites. Then he does the unthinkable and creates his own social media site, and dominates with it as both democrats and republicans ran to join it. You know democrats just cannot resist anything associated with Trump. This is Trumps three billion dollar ban blessing.
finance.yahoo.com
Isn't it amazing how this all started from President Trump getting banned from Twitter (X) and other sites. Then he does the unthinkable and creates his own social media site, and dominates with it as both democrats and republicans ran to join it. You know democrats just cannot resist anything associated with Trump. This is Trumps three billion dollar ban blessing.
Trump could get $3.5 billion in Truth Social merger. Here's what to know.
Shareholders in Digital World Acquisition Corp. on Friday approved a merger with former President Donald Trump's media group.
Already threads on the subject.
crossbody
Platinum Member
- Jan 30, 2024
- 867
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There are no threads about Trump's ban blessing.Already threads on the subject.
crossbody
Platinum Member
- Jan 30, 2024
- 867
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Yep! and some times two steps ahead of themIt is funny how Democrats try to outsmart Trump. The fact is he is always one jump ahead of them.
crossbody
Platinum Member
- Jan 30, 2024
- 867
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President Trump's entire presidency outsmarted those democrats.
Trump helped Israel in getting U.S. Embassy in Jerusalem and President Trump recognized Jerusalem as the capital of Israel.
Most of all Trump dismantled their Baal Worship of murdering babies killing their abortion law. Trump got rid of Roe v. Wade. Trump got rid of the swamp. Trump did everything God told him to do.
Trump helped Israel in getting U.S. Embassy in Jerusalem and President Trump recognized Jerusalem as the capital of Israel.
Most of all Trump dismantled their Baal Worship of murdering babies killing their abortion law. Trump got rid of Roe v. Wade. Trump got rid of the swamp. Trump did everything God told him to do.
crossbody
Platinum Member
- Jan 30, 2024
- 867
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There are times when we have lots a job or gotten rejected, and President Trump is our college course 101 "Investing In Yourself" after doors get closed on you.
Turn your bans into bubbles $$$$$$
Trump did this with the help fo his enemies... that is Biblical. God says I will make your enemies your footstool.
Turn your bans into bubbles $$$$$$
Trump did this with the help fo his enemies... that is Biblical. God says I will make your enemies your footstool.
Last edited:
In before.....REEEEEEEEEEEEEEE!
Lesh
Diamond Member
- Dec 21, 2016
- 67,027
- 33,229
- 2,300
He wonât see any money from this for a long timeOn Monday, March 25, 2024 President Donald J.Trump will add more than 3 Billion to his net worth as his "Truth Social Company" goes Public on the Stock Exchange making Truth Social worth 5.5 Billion.
Isn't it amazing how this all started from President Trump getting banned from Twitter (X) and other sites. Then he does the unthinkable and creates his own social media site, and dominates with it as both democrats and republicans ran to join it. You know democrats just cannot resist anything associated with Trump. This is Trumps three billion dollar ban blessing.
Trump could get $3.5 billion in Truth Social merger. Here's what to know.
Shareholders in Digital World Acquisition Corp. on Friday approved a merger with former President Donald Trump's media group.
And itâs likely not worth anything close to what theyâre saying anyway
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