> Trumpy has 4 billion liquid in 2 days. Hahahahahahahahaha. The 460 million bond is pennies to himb

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LOL

You have no idea WTF you are talking about.

The stock is publicly traded. You can buy or sell it right now.

It is up 20% today

https://finance.yahoo.com/quote/DWAC

making Trumpy a cool 800 million today alone

You can go buy it in your Robinhood account, Schwab account, Etrade account, Fidelity account, Vanguard account.. whatever brokerage you want. Totally liquid. Volume today was $160 million.

You’re making a rookie mistake.  Go to your own link and look at DWAC’s total market cap.  It’s a fraction of what you’re saying Trump’s share alone is going to be worth.

It’s just like the dot com days…. right now DWAC has a limited float but when the reverse IPO happens there’ll be a massive dilution, the float will blow up and Trump still will be restricted from selling for six months.  I knew a bunch of people who were paper millionaires in 1999-2000 and had worthless stock certificates by the time they could sell.



Once again, that $4B number is completely dependent on finding a whole bunch of assholes willing to pay $6B for $4M in revenues.    Who knows…. maybe meme stock buyers and MAGAts will step up and volunteer as bag holders.  God knows they’re fuqing stupid enough.

I think New York committed suicide.

Diarrhetrius Brown wrote:

I think New York committed suicide.

The trucker convoy is proving that!

wrote:

Do you know what a MERGER is?

Clue: Imagine I had 1 million dollars and I married a woman (we "merged") who had a million dollars. In your world, apparently, the combined net worth of the couple is.. wait for it.. wait for it... 1 million dollars

Lib. Logic.

As a clue, TWTG raised over a billion in pipe funding alone.

Now, let's talk about the "6 month lockup!" or the usual "WE GOT HIMB THiS TIME!"

I have actually been subject to at least 4 6 month "lockups" myself. When you are subject to one for a lot of money, investment banks contact you with all sorts of different ways to monetize you shyt during a lockup if you want and they give you a menu of different hedging strategies. Zero cost collars, short against the box, etc. were all pitched to me. I never used them because I never had to but Trump can if he wants.

Above and beyond that, does he have a 6 month lockup? Yes and no. Yes, there is a 6 month lockup. But no, he won't fall under the lockup unless he "wants to". It is only for 10% shareholders and his sons and wife have less than the 10% threshold so they can sell whenever and he can just have them sell and lend him the money or give it to himb. Also, the lockup for over 10% shareholders will be for a little over 5 and a half months, not six. I'm guessing none of you have actually read the docs. I have.

Of course to a lib "HE CAN'T DO THAT! HE HAS TO FILE BANKRUPTCY!"

LOL

Will. Never. Happen.

And he's getting another 5 billion from this. New money.

So you’re claiming Trump will have less than 5% of the shares yet they’ll be worth $5 billion.  Meaning the market cap will be in excess of $50 billion?   For a company with only $4 million in trailing 12 month revenues?

Goddamn you’re a fuqing clown.

P.S.  TWMG never had $1Bin funding, in fact:

https://www.cnn.com/2023/11/14/business … index.html

New York
CNN
—
Former President Donald Trump’s social media venture Truth Social is burning cash and piling up losses so rapidly that accountants warn it might not survive unless it soon completes a long-delayed merger, according to corporate filings.

Trump Media & Technology Group (TMTG), which is chaired by the former president, has lost $31.6 million since the company launched in early 2021, SEC filings released Monday show.

Truth Social launched in early 2022 as an alternative to Twitter, which is now known as X and is owned by billionaire Elon Musk. At the time, Trump had been banned from what was then Twitter for breaking the platform’s rules on promoting violence during the January 6 riot. His account has since been reinstated.

But Trump’s social media platform has struggled to gain popularity, with its 861,000 monthly active users on iOS and Android as of October amounting to barely 1% of those on X, according to Similarweb.

With cash levels dwindling, Trump Media’s management and accountants are warning there is no guarantee the company will stay afloat.

It gets even better.  DWAC shareholders are trying to back out of the deal because they know it sucks:

“Digital World Acquisition, the SPAC planning to take Trump Media & Technology Group public, sued yesterday to force its biggest investor, ARC Global Investments II, to vote in favor of the deal before a critical deadline this week.

The suit, filed in New York state court, is the latest legal battle between Digital World and its former CEO, Patrick Orlando. While he was ousted last year, Orlando still holds significant leverage over the company through his ability to influence the voting shares of ARC under his control.

With the merger vote March 22, Digital World insists that ARC has to vote in favor of the deal pursuant to a 2021 agreement, at the time of the SPAC’s initial public offering, Bloomberg reports. If the Digital World takeover of Trump Media proceeds, it could provide a windfall of as much as $4 billion to Donald Trump as he faces hundreds of millions of dollars in legal verdicts. Although Trump holds a majority stake in his media company, his shares are subject to a six-month lockup.

“ARC must vote in favor of the merger pursuant to the unambiguous terms of the letter agreement,” DWAC said in the suit. “There are no exceptions despite ARC’s managing member Patrick Orlando’s desire to hold ARC’s vote hostage for his personal gain.”

Orlando, who still sits on DWAC’s board, has challenged how much stock ARC shareholders would receive in Trump Media & Technology Group. He didn’t return messages seeking comment on the lawsuit.



https://news.spacconference.com/2024/03 … edia-deal/

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Then think - what if Leticia goes to take Trumps property and finds there is nothing there?   

https://www.curbed.com/article/trump-la … james.html

Won’t that just prove he committed fraud in his loan applications?

$4 Billion?  In two days?

The shyt stock is down to seven bucks

https://finance.yahoo.com/quote/DJT/