if the board approves trump can sell his shares immediately. who on the board will vote against that? kushner, eric, or nunez?In theory he won't be able to sell his shares for 6 months. In 6 months the value could drop massively
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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?In theory he won't be able to sell his shares for 6 months. In 6 months the value could drop massively
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."
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.
/----/ 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.
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.....
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.
The safe money is in desalinization and sodium ion batteries.
All his assets now are mortgaged.Point being that he has assets to borrow against....now.
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.
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.
Nope. Read the CNN link in the OP.All his assets now are mortgaged.
All his assets now are mortgaged.
Trump is a money making machine.
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.