TRUMP INDICTED

BudmanTX

Well-Known Member
ok one of the breaches of the gag order was against Stormy ok.....this is what he post, and they is reason no one picked it up and rain with it, there is a mistake in the post (someone really need to edit these)....lets see if you see what i see:

GLSufJmW8AA2lXu.png

for a hint, think time travel...
 

printer

Well-Known Member
Quick, get in at the ground floor.
Trump’s social media empire to launch streaming platform even as shares fall
Donald Trump’s social media empire has announced plans to launch a streaming platform. Its shares continued to fall.

Trump Media & Technology Group, owner of Truth Social, has come under pressure since its stunning stock market debut last month left the former president with a vast stake worth about $4.9bn on paper.

Shares in TMTG dropped more than 10% during early trading on Tuesday, having more than halved in value since it went public by merging with a shell company. Earlier this week the firm disclosed that it could sell millions of additional shares in the coming months.

Its latest decline came despite news of an ambitious expansion plan. Truth Social, Trump’s small social network, plans to branch out beyond microblogging into livestreaming.

News networks, religious channels, “family-friendly” films and “other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services” will be on offer, according to TMTG.

Such content will be added into Truth Social’s existing apps and website. TMTG says it will later release standalone streaming apps for phones and tablets, before doing the same for smart TVs.

Devin Nunes, CEO of TMTG, said: “We’re excited to move forward with the next big phase for Truth Social. With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery services.

“There is a lot of great content that simply can’t find an audience for unjust reasons, and we want to let these creators know they’ll soon have a guaranteed platform where they won’t be cancelled.”

While the announcement failed to reverse TMTG’s decline on the market, trading of its stock remains volatile. At one point on Tuesday, it trimmed its losses, before falling further.

In recent months TMTG (and Digital World, its merger partner) increasingly became seen as a so-called meme stock, boosted by internet memes – posted, in its case, on platforms including Truth Social – urging retail investors to buy into it.
 

BudmanTX

Well-Known Member
OAN settled with Smartmatic. Decided to check it out for fun. Just amazed at the interview on Trump's trial. I could put up a better defense of Trump.

think that was for a undisclosed amount too, next Fox, and Newsmax
 

printer

Well-Known Member
Here's how users on Truth Social are feeling about Trump Media's steep stock decline
Truth Social users are feeling glum about Trump Media's stock crash.

Users on the social media platform — referred to on the site as "Truthsayers" — have been buzzing about the stock's steep decline since it went public at the end of March. Shares of Trump Media have tanked more than 50% since March 27, with the stock dropping another 18% this week after the company moved to allow insider shareholders to potentially sell stock before the six-month lockup period is up. Shares declined further on Tuesday after the company announced that it would launch a streaming platform.

Reactions to the plunge on the social media site ranged, with some users expressing shock and dismay, to acknowledgment that the shares might not regain lost value. A few said the sell-off was evidence of a conspiracy to discredit the former president and tank his net worth.

"What is happening to DJT stock," one user said in a reply to a post from Donald Trump's official account, claiming they had invested their life savings into the company. "Please do something about the crash."

More conspiratorial Truthsayers have accused short-sellers of foul play, claiming that the share price has been artificially lowered somehow.

"Remain Calm," one user wrote on April 15, the day Trump Media shares plummeted 18%. "This drop was literally just someone selling 140k shares in 10 minutes premarket. This is extreme manipulation at best. There isn't a massive sell-off. It's one or a handful of people trying to cause panic."

"They'll do anything to discredit President Trump," another user replied. "God has different plans and will save the nations in HIS Perfect timing."

Other users blamed the Securities and Exchange Commission, as regulators did not pause trading of the stock during its decline. The SEC may suspend trading for up to 10 days if it believes doing so would protect the public in the event a company is not meeting its duties to shareholders. This is different, however, from a trading halt, which is ordered by an exchange to protect investors from excessive volatility.

"DWAC has fallen over 30% over the last few trading days but they don't cease trading. They don't like President @realDonaldTrump and his policies, especially his creation, Truth Social, so they are trying to destroy his company, DJT," one user claimed.

A smaller number of users were still touting the stock amid the plunge. Buying the shares is an "excellent" way to support Trump's presidential campaign, and an investment in "uncensored free speech," some Truthsayers wrote.

Trump, who owns about 58% of Truth Social's parent company, has fiercely defended the site from its critics. In a recent post on the site, the former president called his social media platform "AMAZING," saying it had $200 million in cash on hand and no debt on its balance sheet.

Truth Social has also looked to pass blame for the recent damage to its business. Shortly after the stock's steep decline, Trump Media filed a suit against two of Truth Social's creators, claiming they had failed "spectacularly" at their jobs and done "significant damage" to the company ahead of its highly-anticipated public debut.

"I think daddy Trump has some surprises for us, we just have to be patient and wait for it," one Truthsayer recently wrote on Trump Media stock. "NFA but I'll buy more tomorrow. Gotta love the price."
 

Fogdog

Well-Known Member
Here's how users on Truth Social are feeling about Trump Media's steep stock decline
Truth Social users are feeling glum about Trump Media's stock crash.

Users on the social media platform — referred to on the site as "Truthsayers" — have been buzzing about the stock's steep decline since it went public at the end of March. Shares of Trump Media have tanked more than 50% since March 27, with the stock dropping another 18% this week after the company moved to allow insider shareholders to potentially sell stock before the six-month lockup period is up. Shares declined further on Tuesday after the company announced that it would launch a streaming platform.

Reactions to the plunge on the social media site ranged, with some users expressing shock and dismay, to acknowledgment that the shares might not regain lost value. A few said the sell-off was evidence of a conspiracy to discredit the former president and tank his net worth.

"What is happening to DJT stock," one user said in a reply to a post from Donald Trump's official account, claiming they had invested their life savings into the company. "Please do something about the crash."

More conspiratorial Truthsayers have accused short-sellers of foul play, claiming that the share price has been artificially lowered somehow.

"Remain Calm," one user wrote on April 15, the day Trump Media shares plummeted 18%. "This drop was literally just someone selling 140k shares in 10 minutes premarket. This is extreme manipulation at best. There isn't a massive sell-off. It's one or a handful of people trying to cause panic."

"They'll do anything to discredit President Trump," another user replied. "God has different plans and will save the nations in HIS Perfect timing."

Other users blamed the Securities and Exchange Commission, as regulators did not pause trading of the stock during its decline. The SEC may suspend trading for up to 10 days if it believes doing so would protect the public in the event a company is not meeting its duties to shareholders. This is different, however, from a trading halt, which is ordered by an exchange to protect investors from excessive volatility.

"DWAC has fallen over 30% over the last few trading days but they don't cease trading. They don't like President @realDonaldTrump and his policies, especially his creation, Truth Social, so they are trying to destroy his company, DJT," one user claimed.

A smaller number of users were still touting the stock amid the plunge. Buying the shares is an "excellent" way to support Trump's presidential campaign, and an investment in "uncensored free speech," some Truthsayers wrote.

Trump, who owns about 58% of Truth Social's parent company, has fiercely defended the site from its critics. In a recent post on the site, the former president called his social media platform "AMAZING," saying it had $200 million in cash on hand and no debt on its balance sheet.

Truth Social has also looked to pass blame for the recent damage to its business. Shortly after the stock's steep decline, Trump Media filed a suit against two of Truth Social's creators, claiming they had failed "spectacularly" at their jobs and done "significant damage" to the company ahead of its highly-anticipated public debut.

"I think daddy Trump has some surprises for us, we just have to be patient and wait for it," one Truthsayer recently wrote on Trump Media stock. "NFA but I'll buy more tomorrow. Gotta love the price."
We don't like Trump because of what he might do. But the ones really suffering are those who trust him. Some guy says he put his life savings into this stock? :wall:

Daddy Trump? Who said that? Eric?

Anyway, SEC will soon come knocking regarding Trump's pump and dump statements. The thing is, this is all profit for Trump. He didn't invest a cent. He gave permission to use his name and with that alone, he became the major shareholder. The stock can go down to a buck a share and he'll still make millions.
 

BudmanTX

Well-Known Member
DOH!....that's 1.....

Merchan just admonished Trump, telling Blanche: "Your client was audibly uttering something...I won’t tolerate that. I will not have any jurors intimated in this courtroom. I want to make that crystal clear."

Merchan instructed Blanche to tell Trump to stop such behavior. As Merchan spoke, Trump was slumped in his seat, sitting as though he were in a lounge chair.

BUSTED
 

printer

Well-Known Member
Come on $17.00!
Trump Mastered The Art of the SPAC Deal. Cashing Out Is Harder
The value of Donald Trump’s stake in his media startup may have shrunk since going public through a blank-check merger, but on paper, it’s still worth a lot. The question for the former president is, should he decide to sell, how much he could actually extract.

At its peak last month, Trump’s 58% stake in Trump Media & Technology Group Corp. was worth as much as $6.3 billion. Trump and other insiders are unable to sell due to a six-month lockup agreement. That didn’t stop other shareholders who rode a 270% rally from cashing out — following the deal, the shares lost roughly two thirds of their value in a matter of weeks.

Such a plunge is not unheard of for firms that use special purpose acquisition companies to go public. More than a fifth of de-SPACs, those who complete such deals, that debuted since 2019 are trading below $1 each, data compiled by Bloomberg show. Most SPACs go public at a price of $10 per share.

Trump has given no public indication he intends to sell, but if he does, he may look to the example of the insiders who benefited handsomely from some of the splashiest SPAC deals at the height of the boom. The former president might still pocket hundreds of millions — not a bad return on a company that took in just $4.1 million in revenue last year.

Trump Media said in response to a request for comment on Donald Trump’s path to cashing out of the firm that reporting on it would be “utterly baseless” and partisan, “without any conceivable sign anywhere that he plans to do so.”

The founders of biotech firm Ginkgo Bioworks Holdings Inc. were briefly billionaires in late 2021 after their company went public in a SPAC deal that sent shares soaring to a $29 billion valuation in its first months as a public company. But by the time they began selling in late 2022, the company’s share price had crashed from a high of $14.92 to a little over $3.

Still, three of the founders — Jason Kelly, Barry Canton and Reshma Shetty — steadily sold, liquidating between 20% and 30% of their original stakes over the following 18 months. Although the sales went for roughly $2 a share on average, it was enough to net them more than $125 million in proceeds.

Representatives for Ginkgo Bioworks, where all three are still executives, didn’t immediately respond to requests for comment.

A similar 80% plunge for Trump Media would still suggest proceeds of roughly $1 billion for the former president. That’s more than twice as much as his most valuable real estate holding and would cover the money he owes from recent legal rulings.

Selling isn’t the only way founders can get liquidity. When mortgage originator UWM Holdings Corp. went public in a January 2021 SPAC merger, Chief Executive Officer Mat Ishbia owned a stake worth more than $11 billion. Roughly 20 months later, shares had sunk 75% from their highs.

Instead of selling shares and adding to the pressure, Ishbia arranged a loan using his stake as collateral. He pledged more than half of the company’s shares, worth some $4.6 billion, days before he bought the Phoenix Suns basketball team for a record $4 billion in February last year when UWM was trading below $5 a share.

A representative for UWM and Ishbia didn’t immediately respond to requests for comment.

Not all founders cash out from their SPAC deals, of course. Take John Ruiz, founder of insurance reimbursement recovery firm MSP Recovery Inc. The company went public at a $32.6 billion valuation, giving Ruiz a paper fortune — briefly — of $21 billion. Nearly two years after, Ruiz hasn’t sold any of his stake and the company is valued around $120 million. In fact, Ruiz has lent the company money to help it stay afloat.

A representative for Ruiz and MSP didn’t immediately respond to requests for comment.

Any move to free Trump Media insiders from the six-month lock-up agreement preventing them from selling would be potentially fraught. Though the newly public company’s board could waive the sales restrictions, the optics would likely signal to investors that a rush of selling is on the horizon, and would also open them up to potential shareholder lawsuits.

Trump is embroiled in a lawsuit with two co-founders who claim he tried to dilute their stake. A Delaware judge granted a request to amend the suit to include accusing Trump of retaliating by locking up their shares for six months, which they claim will cause “irreparable harm” to their finances. Trump is subject to the same lockup.

The stock’s roughly 70% slide from a debut peak has cost the pair some $415 million on paper. For Trump, his paper returns have spiraled roughly $4.4 billion — and that doesn’t count the additional windfall he and other Trump Media insiders are on track to reap.

The company announced on Tuesday that it had finished the research phase of its new live TV streaming platform, according to a press release. It plans to offer Truth Social over-the-top streaming apps which are expected to host news, religious and family-friendly content.

Trump is also facing four criminal prosecutions as he campaigns to return to the White House. The first criminal trial started Monday in Manhattan, where he’s accused of falsifying business records to hide a hush-money payment to a porn star before the 2016 election. He described the case as an outrage and a persecution.

As part of the SPAC deal, Trump Media insiders are slated to get another 40 million shares as long as the stock holds above the $17.50 mark for another six trading days. It was trading at around $23 per share on Tuesday.
 

topcat

Well-Known Member
We don't like Trump because of what he might do. But the ones really suffering are those who trust him. Some guy says he put his life savings into this stock? :wall:

Daddy Trump? Who said that? Eric?

Anyway, SEC will soon come knocking regarding Trump's pump and dump statements. The thing is, this is all profit for Trump. He didn't invest a cent. He gave permission to use his name and with that alone, he became the major shareholder. The stock can go down to a buck a share and he'll still make millions.
No, Individual 1s children are to refer to him as father only. His is not an informal, warm household.
 

printer

Well-Known Member
Jack Smith: Trump Using NYC Trial to Delay Docs Case
Special counsel Jack Smith claimed in a court filing this week that former President Donald Trump is using his ongoing criminal trial in New York City to delay his upcoming case involving his handling of classified documents in Florida, Newsweek reports.

Smith wrote in a filing on Monday that Trump is “seeking another postponement” to the case, in which the former president is accused of illegally retaining classified documents, adding that "This time, Trump invokes his New York trial" as a reason for delaying his Florida case, arguing that his legal team will be too preoccupied with his criminal trial to meet the deadlines set by the judge in the classified documents case.

In the filing, Smith stated that Judge Aileen Cannon set a deadline of May 9 for the defense to submit expert witness disclosures, and noted that the Court was “fully apprised of defendant Trump's New York trial” at the time that date was set.

"Although the defendants' motion reads as though the Court were unaware of Trump's other case...those premises are plainly wrong. The defendants have had ample notice that these deadlines would be scheduled and have already had months to complete the work."

Smith also rejected the argument made by Trump’s attorneys that they are too busy preparing for his criminal trial in New York, which concerns alleged hush money payments made to adult film star Stormy Daniels, to meet the deadlines set in the Florida case.

"Trump elected to engage the same counsel of record in multiple serious criminal matters, and his counsel agreed to the multiple engagements," he wrote. "Having made such decisions, they should not be allowed to use their overlapping engagements to perpetually delay trial in this case."

Smith concluded, "Not to mention, the defendants have capable local counsel who can contribute to the work. The Court should reject the defendants' latest delay tactic and maintain the established deadline."
 

hanimmal

Well-Known Member
Would have loved to see Gens. Milley and Mattos,Kelley also join in on that(miffed as to why not),I remember Trump getting a boner over the "Mad Dog" nickname(the mentality of a 7 yo AGAIN),All the old school R's,staff members,the Gens/Admirals,the incompetent record(ALL THAT WINNING),and his sordid malfeasance pre/during/post presidency and STILL so many believers ????????? Old Med,Hannimal,Cannabineer,Fog Dog, and others it's been a pleasure rapping w/y'all this winter,going back to work won't be around much,hopefully when I'm laid off in Dec. i'll be celebrating w/you on a Trump defeat,anything crazy goes down I'll pop in w/my 2 cents on weekends,TAKE CARE of yourselves.
Have a great season!
 

printer

Well-Known Member
Trump slams number of strikes allowed against jurors in hush money trial
Former President Trump is railing against the amount of times his legal team can veto a potential juror choice for his hush money trial, which kicked off Monday.

“I thought STRIKES were supposed to be ‘unlimited’ when we were picking our jury? I was then told we only had 10, not nearly enough when we were purposely given the 2nd Worst Venue in the Country. Don’t worry, we have the First Worst also, as the Witch Hunt continues! ELECTION INTERFERENCE!” Trump wrote on his Truth Social platform Wednesday morning.

The number of strikes is not unlimited, as Trump said he believed they would be. Under state law, the prosecutors and defense are each allowed to strike 10 potential jurors from sitting on the trial, due to the fact that Trump faces Class E felony charges.

Prosecutor and Trump’s attorneys have each used six of the 10 strikes allotted to them.

The first seven jurors were picked to sit for the former president’s hush money case on Tuesday after the judge, Trump’s legal team and prosecutors narrowed down candidates from the initial group of 96 potential jurors. Potential jurors were required to answer a lengthy questionnaire asking them about personal details including where they lived, where they worked and which outlets they get their news from.

More than half of the initial group was dismissed after they signaled they could not be fair or impartial in the case. There will be a total of 12 jurors picked, with six alternates, in the trial that is expected to take six to eight weeks.

Judge Juan Merchan, who is overseeing the trial, warned Trump Tuesday he would not put up with any juror intimidation.

“I won’t tolerate that,” Merchan said. “I will not have any jurors intimidated in this courtroom. I want to make that crystal clear.”
 
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