Trump files notice is selling his Truth Social Stock

Zincwarrior

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All right MAGA, now is your chance! Trump is monetizing his position. Get it while its hot.

Truth Social filing would allow Trump's trust to sell up to $2.3 billion in stock​



President Trump's social media company on Wednesday filed papers with securities regulators that would allow Trump's trust to sell almost 115 million shares of the company's stock.

Why it matters: Truth Social may be hoping for a halo from Newsmax, the conservative media company that went public Monday and saw its stock rise from $10 to $233 in two days.
Driving the news: Trump Media & Technology Group, which operates Truth Social, filed a registration statement with the SEC allowing a variety of shareholders to sell stock from time to time.

  • Included are 114,750,000 shares held by the Donald J. Trump Revocable Trust, the entirety of the trust's holding. (Registering the shares for sale does not guarantee if or when they will be sold, however.)
  • Donald Trump Jr. oversees the trust, per the filing.
  • The company issued a statement saying the filing was routine and did not indicate an intention to sell.
  • "To be clear, these shares were already registered last June on an S-1 form, and today TMTG submitted a routine filing that re-registers them on an S-3 form in order to keep the Company's filings effective. In fact, there currently is no open window for any affiliate to sell shares."
 
Pretty weak sauce, even from you.

You people need a messaging problem hotline. :laughing0301:


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See the Fl. representative results from yesterday?
Yeah, in the two florida districts won by 37 and 30 points in November last year.

The maga wins were what 12 and 14 points yesterday.
 
Yeah, in the two florida districts won by 37 and 30 points in November last year.

The maga wins were what 12 and 14 points yesterday.
I do not know how exciting the candidates were. Also, how much money was spent. And it was an in between Presidential election that was necessary due to two elected representatives moving on to something else. They won anyway for what it's worth.
 
Yeah, in the two florida districts won by 37 and 30 points in November last year.

The maga wins were what 12 and 14 points yesterday.
Escambia county Fl a very red county went blue for Valimont for the first time since Earl Hutto in the 90's. But, the other counties in the district can't get over the R next to a person's name. I was reading some of the comments locally this morning and **** the old people they interviewed didn't even know who Valimont or Patronis were and said they just voted because of D or R next to their name. Patronis is the guy who fucked them on their homeowner's lawsuits and sided with the insurance companies. Anyone who votes because of a D or R next to their name without throughly researching should not be voting
 
Get out while the gettin’s good

Nahhh. Hang on to that stock and watch it go poof. Make me happy
 
See the Fl. representative results from yesterday?

I wouldn’t boast about that, if I were you.

Nobody in the Trump cult seems to be.

While the GOP retained both seats, they lost half their plurality. It was a hollow victory.

Had the election been held a month from now, Musk’s reckless meddling with Social Security would have cost the GOP both seats.
 
15th post
The sign that this is about to take off like a rocket ship is Trump's intent to sell. He clearly wants to spread the wealth around to his legion of followers. He is so kind and confident in Truth Social to do this. #Sainthood4Trump
 
I wouldn’t boast about that, if I were you.

Nobody in the Trump cult seems to be.

While the GOP retained both seats, they lost half their plurality. It was a hollow victory.

Had the election been held a month from now, Musk’s reckless meddling with Social Security would have cost the GOP both seats.
If Trump HAD been on the ticket, they would have record numbers.
It was one of those in between elections which historically doesn't bring out the votes.
Hell, in one of those elections the democrat outspent the republican 8-1 and the other 3-1.
 

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