Tornado Alley (PROG)

[fuagf]

Out of interest what's your connection between the mysterious ones who gave Trump 1 billion and DWAC ..

"I have found that, if you tell a “Truth” that angers, The truth is not ignored."

You two guys have just helped me a lot here. lol

SEC investigation?
Who just gave Trump $1 billion?
The identities of the investors who just tossed $1 billion his way are of interest because anyone able to buy their way into trumps good graces by plopping a bag of money on his desk could sway public policy - which makes trump a national security threat.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167029272 .

OUCH, just got it in one i'd posted earlier

Donald Trump’s new social media SPAC, explained

[...]

In his latest attempt to return to the social media spotlight, Donald Trump is now turning to a current darling of the startup world: the special purpose acquisition company, or SPAC.

Trump announced Wednesday night that he has a new company called Trump Media & Technology Group (TMTG) and that he would be merging this new company with a SPAC called Digital World Acquisition Company (DWAC). If completed, the deal would turn Trump’s new media company into one that’s publicly traded on the Nasdaq. And it would give TMTG enough money to get a new Twitter clone off the ground called “Truth.”

The surprise deal is already turning DWAC into a meme stock, and it raises a fair number of questions.

Wait, what’s a SPAC?

Briefly, SPACs are shell companies that get listed on exchanges like the Nasdaq and exist for the sole purpose of eventually merging with companies that want to go public. Someone, often from the finance world, starts the company and gets a few other people to throw money in the pot in exchange for shares of the shell — typically sold at $10 a pop. They set themselves a deadline (usually around two years) by which they aim to find a company to merge with and tell the market which industry they’re targeting — though they can really merge with any willing business. Here’s a far more detailed explainer if you’re curious .. https://www.theverge.com/21502700/spac-explained-meaning-special-purpose-acquisition-company .

Trump has a new company?

Apparently! It was registered in Delaware in February but somehow went unnoticed until Wednesday night. Anyway,...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166477777

Damn. Details that slip from recall!! See me as a fish floundering on the deck of a boat... Now it's thanks to nowwhat2
for .. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167037704 .. that.