Replies to post #37212 on Trump Media and Tech Group (NO Politics Allowed) (DJT)

[Running Wild]

"The development is the nail in the coffin of the $1 billion investment that DWAC (DWAC.O) had raised for the merger with Trump Media & Technology Group (TMTG), which runs the Truth Social platform.

It raises further doubts about whether the former U.S. president will go ahead with the deal, now that TMTG no longer stands to receive $1 billion if and when it closes."


Yikes.


Well, that's a wrap. Put a bow on this turd and add it to the numerous trump scams, grifts, and frauds.

[louieforpar]

Another bunk investment. He’s spiraling.With the possibility of jail time it haunts him to no end.From a 60,000 square foot home to a 60 square foot home.

This the most Narcissistic,Nepotistic,ego driven,lowest self-asteem person walking upright.

[Zorax]

This ought to be interesting since the so-called 10 dollar strike price was not officially signed off by the spac and tmtg officers.
Plus d-w-a-cked may still be on the hook with the SEC and doj for millions in penalties whether they merge or not.
The common shareholder will not get a thing. People should be truly dumping everything they have in d-w-acked if they want any money left from their 'investment'.
Again, the 10 pay out is for early investors of record and insiders, not for common shareholder street broker listed.

Expect a r/s of common shares, no matter how little there may be.

[Zorax]

On d-w-a-cked giving back money to investors. Common shareholders are not considered investors to the corp, only insiders, large warrant holders and people with full names on the companies ledgers as fundees. Any officer or insider, large holder who had votes. Common shareholders had no real vote in the companies at all. By proxy in street name.

Plus I don't believe there was a share buy cut off date announced yet. They can set that as anything.