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Mojocash

09/03/23 1:59 AM

#36300 RE: Diogenes of Sinope #36295

Oh My!!!

louieforpar

09/03/23 7:45 AM

#36302 RE: Diogenes of Sinope #36295

The master inflator!!!

Ouch!!

“If the extension fails, Digital World said in a filing in July that it would 'cease all operations except for the purpose of winding up' and repay investors at a price of about $10.24 per share — far below what many shareholders paid,"



“With the $300 million Digital World had already raised from investors, Trump Media & Technology Group, creator of the pro-Trump social network Truth Social, pledged then that the merger would create a tech titan worth $875 million at the start and, depending on the stock’s performance, up to $1.7 billion later," before adding, "Now, almost two years later, the deal faces what could be a catastrophic threat."