One small trick to get around campaign finance laws -> create public company
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Poast new message in this thread
Date: March 26th, 2024 2:58 PM Author: Lake Den Alpha
Need to bookmark this for its sheer stupidity
Date: March 26th, 2024 2:46 PM
Author: "'"'''""'"'"
Stock ticker of Truth Social is DJT --> It's literally just a way for large companies and donors to fund DJT's campaign and get around campaign finance laws. Pretty ingenious.
(http://www.autoadmit.com/thread.php?thread_id=5509536&forum_id=2#47528926)
(http://www.autoadmit.com/thread.php?thread_id=5509536&forum_id=2#47528967)
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Date: March 26th, 2024 3:29 PM Author: pontificating base
welcome back LTM.
trump owns over 50% of trust.social, and his stake is valued at about $6b. the value of the stock is propped up by a lot of individual investors who are trump supporters. because they buy the stock, the price increases, and so does the value of trump's stake in the company. if you need any other finance 101 lessons please lmk.
hth.
(http://www.autoadmit.com/thread.php?thread_id=5509536&forum_id=2#47529076) |
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Date: March 26th, 2024 3:38 PM Author: pontificating base
1) do you believe a lock-up period is required under sec regulations?
2) as 50%+ owner of truth, which is trading under his initials DJT, do you suppose that trump *may* be able to persuade the board to waive the lock-up period?
3) if trump desperately needed this money, considering you think his financial situation is precarious, then why did would he have agreed to the lock-up period in the first place?
(http://www.autoadmit.com/thread.php?thread_id=5509536&forum_id=2#47529113) |
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