It is not a stock scam. It is a debt dilution event. That is why the float went from 29,000,000 to 136,000,000 and is now over 176,000,000. The SPAC pays some debt (Not to Trump) and in return they are legally allowed to register their shares as free trading without the restricted holding period. Trumps shares are restricted but the SPAC is selling the debt shares to the float (Dilution) DJT will end up at $1 and dropped to the OTC.
Debt dilution is legal. The SPAC knows full well they will never make any money from revenue from Trump Social, and this was all set up as a debt dilution dump. When the smoke clear there will be 500,000,000 or more in the float at $1 and then drop below $.25 on the OTC and the SPAC knows full well everyone will cost average and buy more shares for less and the SPAC makes even more money from sucker investors.
Because TRUMP is not the CEO (The acting CEO is on FINRAS bad actor list) the CEO approves the issuance of shares when even a little debt is paid and the debt payers register the shares. Trump may not be aware of this. But this is how a SPAC latches onto a company, dumps debt shares cheap. The SPAC makes BILLIONS all because 100,000,000 are buying one or two shares of DJT (not as an investment strategy) but just to feel they are part of the plan. NONE of the retail investors money goes to DJT or TRUMP. It goes to debt investors who paid a few bucks for GOBS of shares, so investors are giving money to a private person NOT associated with DJT or TRUMP.
When the shares went from 29,000,000 float to 136,000,000, the SPAC and BROKERS (who are in the scheme) sold those 108,000,000 shares short. The brokers did NOT buy from the bid because they are buying the shares cheaper from the debt investors and cover any open shorts for much less than the bid.. This cuts off any profits made by retailers... The added 108,000,000 (from 29m to 136,) sold for $50 and the spac and brokers took in over $5 billion! All because investors are buying mostly one or two shares.
Its the same as if you went to a yard sale and bought some OLD NIKE sneakers. They are REAL NIKE but they are not sold by the company, You gave your money to the garage sale person for USED sneakers but you tell everyone you bought NIKE. That is what DJT shares are, they are pre-sold not company owned used shares. Just because you see a ticker in your account does NOT mean you own shares in DJT and your money never went to DJT when you bought those used shares from a yard sale debt dilution scheme. DJT investors money went to a NON company affiliate with NO ties to DJT or TRUMP...
OTC below $1 then down to $.25!!!!!
GUARANTEED!
AI
