03-21-2024, 12:12 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,908
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Quote:
Originally Posted by Rajoo
Trump Media, launched after an insurrection, faces rebellion of its own
I am surprised that the SEC allowed this merger to go forward especially after fining the company $18 million for financial improprieties (Russian money laundering). Or perhaps they thought, the MAGA cult will blame Biden for blocking Trump's payday. Its the MAGA cult who will be fleeced with this IPO, a company (Truth Social) with revenues of $3Million and losing Million$ valued at $1.7 Billion and then going public via an SPAC. And the vote is set for today with multiple lawsuits trying to block it.
As a footnote, some of these troubles was caused by Trump himself, he was twisting Patrick Orlando's arm to give a lot of his shares to Melania, for free of course.
https://www.washingtonpost.com/techn...rger-lawsuits/
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Everything Trump Touches Dies
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As long as the roots are not severed, all will be well in the garden.
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