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Go Back   ECCIE Worldwide > General Interest > The Political Forum
Reload this Page Trump.......the art of the deal
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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 05-18-2022, 08:20 AM   #1
VitaMan
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Default Trump.......the art of the deal
The company buying Donald Trump's social network Truth Social has warned investors about the former president's history of bankruptcies and business failures.


In a regulatory filing Monday, Digital World Acquisition Corp highlighted the bankruptcies of Trump Taj Mahal, Trump Plaza, and Trump Castle, and the failures of Trump University, Trump Vodka, and Trump Steaks, among others.


Digital World, a SPAC or "blank-check" firm, is seeking to merge with Trump Media and Technology Group (TMTG), the owner of Truth Social. Trump himself would control between 47% and 58% of the merged company and would serve as its chairman, Monday's filing shows.


Digital World said in its filing: "A number of companies that were associated with former President Trump have filed for bankruptcy. There can be no assurances that TMTG will not also become bankrupt."


It continued: "A number of companies that had license agreements with former President Trump have failed. There can be no assurances that TMTG will not also fail."
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Old 05-18-2022, 08:27 AM   #2
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Hey there,General Patton, back to thrill us all with your extensive knowledge garnered from Wikipedia?
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Old 05-18-2022, 08:29 AM   #3
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How rude.
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Old 05-18-2022, 09:23 AM   #4
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Standard CYA language in the risk factor section of an SEC filing (in this case an S-4). Digital World Acquisition's stock price gained 6% on the disclosure.

https://seekingalpha.com/news/383916...tion-statement
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Old 05-18-2022, 09:46 AM   #5
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TSR has a problem, it's his problem
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Old 05-18-2022, 02:37 PM   #6
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Quote:
Originally Posted by Yssup Rider View Post
How rude.
You’re very existent is rude. Meanwhile, the Biden market took a 1200pt dump again.
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Old 05-18-2022, 03:00 PM   #7
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You mean Trump is investing in the market and lost money ? No connection to the thread topic if not.

That would make it another one of your troll posts.
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Old 05-18-2022, 03:51 PM   #8
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You mean Trump is investing in the market and lost money ? No connection to the thread topic if not.

That would make it another one of your troll posts.
No, I didn’t say that Twinky Winky. I said the market is crashing. But Truth Social is still the #1 app in the Apple Store. And today, it’s available on all devices. But FB and Apple have taken massive losses. Twinky Winky.
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Old 05-18-2022, 07:53 PM   #9
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Sounds like a classic have-them-drop-their-price move.
If they were that worried, they wouldn't even be in talks.
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