if the board approves trump can sell his shares immediately. who on the board will vote against that? kushner, eric, or nunez?
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Trump wins again...if he can sell TruthSocial in time for $3b...stay tuned. (Poll)
- Thread starter kyzr
- Start date
- Mar 7, 2014
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if the board approves trump can sell his shares immediately. who on the board will vote against that? kushner, eric, or nunez?
That's not what I read.
Trump poised for billions as stock market deal passes
Trump's social media firm has been acquired - a deal that could produce a windfall as he fights legal penalties.
www.bbc.com
"The former president is barred from selling or transferring his shares for at least six months - though the new company could grant him an exemption."
That's not what I read.
Trump poised for billions as stock market deal passes
Trump's social media firm has been acquired - a deal that could produce a windfall as he fights legal penalties.
"The former president is barred from selling or transferring his shares for at least six months - though the new company could grant him an exemption."
here it is, fridge, i was slightly mistaken. it is the board of the "new company" that grants the exception.
"the new company could grant him an exemption."
well, i don't know who will be on the new board, but chances are they won't be trump's enemies.
- Mar 7, 2014
- 45,249
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here it is, fridge, i was slightly mistaken. it is the board of the "new company" that grants the exception.
"the new company could grant him an exemption."
well, i don't know who will be on the new board, but chances are they won't be trump's enemies.
Probably not, the issue here is if Trump were to sell his stock, people would probably worry and it would devalue the company massively. So who'd buy it for that much money in the first place? His $3 billion would be significantly reduced. And he might see the company as being an important mouthpiece for him anyway.
/----/ The Biden's have their own brand too.I thought Trump was in deep kimchi. Letitia James had him dead cold, cooked, legally toast...democrats were gloating and spiking the football, on the 1-yrd line.
....the desperation Hail Mary pass seems to be flying true, and straight to the goal line...
Trump is about to get $3 billion richer after deal is approved to take his company public. But it won’t solve his cash crunch
Shareholders voted to approve Trump Media’s merger with a blank-check company, following years of legal and regulatory obstacles. Trump will own a dominant stake in a public company, with shares worth more than $3 billion at current market prices.
I thought Trump was in deep kimchi. Letitia James had him dead cold, cooked, legally toast...democrats were gloating and spiking the football, on the 1-yrd line.
....the desperation Hail Mary pass seems to be flying true, and straight to the goal line...
Trump is about to get $3 billion richer after deal is approved to take his company public. But it won’t solve his cash crunch
Shareholders voted to approve Trump Media’s merger with a blank-check company, following years of legal and regulatory obstacles. Trump will own a dominant stake in a public company, with shares worth more than $3 billion at current market prices.
KEY POINTS
The price of shares in Digital World Acquisition Corp. closed trading nearly 14% lower than their opening price.
The sharp drop came after the shell company's shareholders approved a merger with the social media company owned by former President Donald Trump.
The newly merged company, Trump Media, could begin trading under the new ticker DJT next week.
Trump holds a majority of shares in the new company, which would be worth $3 billion or more.
why buy it in the first place? insiders are about to make out like oligarchs. the rest of us will continue supporting the lifestyles of the rich and famous through our iras and pension funds.Probably not, the issue here is if Trump were to sell his stock, people would probably worry and it would devalue the company massively. So who'd buy it for that much money in the first place? His $3 billion would be significantly reduced. And he might see the company as being an important mouthpiece for him anyway.
Looks like he could have more campaign cash than China Joe now.... better pony up Xi.....
Trump has to sell the stock first and no one with a lick of common sense will buy it. The company is losing money hand over fist and every invitation from Trump to the public to "get rich with him" has resulted in Trump getting rich, and his investors losing everything.
- Mar 7, 2014
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Thing is, the price already dropped.why buy it in the first place? insiders are about to make out like oligarchs. the rest of us will continue supporting the lifestyles of the rich and famous through our iras and pension funds.
"Shares in Digital World dropped more than 13% on Friday after the approval, ending the day at $36.94."
So, it dropped because it got approval, why? Do people actually see this platform as something other than Trump's mouthpiece?
The safe money is in desalinization and sodium ion batteries.
Saudi Arabia has lots of lithium.. They're going into the business. Afghanistan and Peru also have lithium. China isn't the only game in town.
All his assets now are mortgaged.Point being that he has assets to borrow against....now.
- Thread starter
- #52
1. Trump won in 2016. This is 2024. Please try to stay more current with quotes.Dumbfucks like kyzr are the most gullible rubes in the MAGA cesspool.
- He believed Trump when he said he wouldn't need any donor money because "I'm really rich". Trump hasn't contributed a penny to his own political campaigns. Why should he when he has chumps like MAGAts?
- He believed Trump when he said he had $10B.
- He believes that Trump actually owns Trump Tower. He only owns the bottom couple of floors.
- He believes that Trump can sell Truth Social and have the money by Monday.
2. Trump may well be worth $10b after all the dust settles.
TRUMP: My 'massive' net worth is 'in excess of TEN BILLION DOLLARS'
"This report was not designed for a man of Mr. Trump's massive wealth."
www.businessinsider.com
3. So who owns Trump Tower? Link please.
4. Never said Trump could sell Truth Social by Monday. Stop lying.
5. Speaking about gullible rubes....Synthaholic thinks Biden is electable in 2024...
- Thread starter
- #53
Letitia James can take possession of Trump's assets, BUT she won't be able to do anything with them until she processes more than a few legal entanglements. In that time Trump should be able to successfully appeal the verdict.But enough in the time allowed? Probably not.
- Thread starter
- #54
Nope. Read the CNN link in the OP.All his assets now are mortgaged.
All his assets now are mortgaged.
Dragonlady
DWAC is on the do not buy list. This is a boondoggle. The only people who use Truth Social are Trump's MAGA Worker's Party.. once he's gone it's history.
DWAC lost 14 points yesterday.
Trump is a money making machine.
Yes, he'll make money and leave his investors busted flat. Hang on to your money.
- Sep 16, 2012
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Truth Social has revenues of a scant 3,3 million dollars for the past 9 months and is hemorrhaging money but somehow has a valuation of 5.5 billion dollars.
Truth Social when it does go public may be pushed upward by Trumpsters despite its valuation being hyperinflated. It will be the new Game Stop, at least initially. The smart ones will sell quickly, the dumb ones will hold on to it as it falls like a rock. The stock will go the way of Trump Casinos.
Truth Social when it does go public may be pushed upward by Trumpsters despite its valuation being hyperinflated. It will be the new Game Stop, at least initially. The smart ones will sell quickly, the dumb ones will hold on to it as it falls like a rock. The stock will go the way of Trump Casinos.
The sad thing is, a lot of them will.Th e stock will drop like a rock as soon as it starts trading.
So, you fuckups should buy it.
Truth Social is a Meme Stock. It actually has no value, as it has very few members and advertisers won't touch it.
John Edgar Slow Horses
Diamond Member
- Apr 11, 2023
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Appears no exist road on Trump's map to bankruptcy.
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