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Trump unable to get $464m bond in New York fraud case, his lawyers say


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Posted
46 minutes ago, stevenl said:

"We sincerely want to know your perspective."

Who is 'we'.

 

I sincerely don't believe you sincerely want to know.


“We” are the distinguished members of the thread.  Even with our differences.  I accept it.  Why can’t you?


Imagine how boring these threads would be if we all thought alike.

 

You’re thinking too mutt.  Stick with the words of my post.

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Posted
13 hours ago, herfiehandbag said:

 

It seems a scam, at the very least

Maybe. But it hasn't escaped the SEC's attention:

 

Investors greenlight Trump’s $5.7 billion Truth Social deal

March 23, 202410:59 PM GMT+7Updated 9 hours ago

 

https://www.reuters.com/markets/deals/investors-greenlight-trumps-6-billion-social-media-deal-2024-03-22/

 

Since 2021, the deal has faced setbacks and delays. Digital World has been a target of investigations by the U.S. Department of Justice and the Securities and Exchange Commission (SEC), ousted Orlando as its chief executive, and shook up its board.


In July, Digital World reached an $18-million settlement with the SEC, which said Digital World misled investors by failing to disclose in filings that it had formulated a plan to acquire TMTG and was pursuing the acquisition before Digital World’s initial public offering.

 

 

Posted
14 hours ago, herfiehandbag said:

It seems a scam, at the very least

manipulation of the stock values. Now I know very little about the laws and rules governing such matters, but it looks to me like a "steal". 

 

It's not like Trump hasn't scammed investors before.......

Last time a Trump company went public it didn't go well for investors

'Trump made millions in the 1990s when his casino company went public. Investors lost a fortune.
 

Donald Trump’s social media company could go public as soon as next week, paving the way for a potentially huge windfall for a former president who raked in tens of millions of dollars the last time one of his companies was listed on a stock exchange.
 

That previous, decades-ago experience, however, did not end well for the company or its investors. While a 2016 Washington Post review found that Trump made over $44 million, the company — Trump Hotels and Casino Resorts — lost more than $1 billion and ended up in bankruptcy'.
 

The last time a Trump company went public it didn't go well for investors (nbcnews.com)

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Posted
10 minutes ago, LosLobo said:

It's not like Trump hasn't scammed investors before.......

Well that's their problem.

 

Once the merger is complete, Digital World’s roughly 400,000 shareholders — most of them individual investors — will become stockholders of Trump Media. And many of Digital World’s shareholders have long been boosters of the stock — and Mr. Trump — on Truth Social. Beginning in January, as Mr. Trump got closer to securing the Republican nomination and as the deal’s likelihood of approval grew stronger, shares of Digital World soared, rising more than 140 percent this year, making the former president’s stake ever more valuable.

 

https://www.nytimes.com/2024/03/21/business/trump-truth-social-merger.html

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Posted
On 3/22/2024 at 6:09 PM, Berkshire said:

Every single piece of this "evidence" that you speak of, when further investigated, revealed that it was nonsensical cr*p.  I can't believe anyone still believes this stuff.  Surely, if true evidence were out there--along with whoever was responsible--the right wing media would be all over it.  After 3+ years, still nothing.

If the media won't publish it it doesn't mean that the evidence doesn't exist.

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Posted
25 minutes ago, thaibeachlovers said:

If the media won't publish it it doesn't mean that the evidence doesn't exist.


And conversely as with Fox News, if the media will publish it, it doesn't mean that the evidence does exist.

I have even included your preferred reliable source....

Fox and Dominion settle for $787.5m in defamation lawsuit over US election lies | Fox News-Dominion case | The Guardian

What the Dominion lawsuit revealed about Fox News and what’s next | Media News | Al Jazeera
 

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Posted
1 hour ago, LosLobo said:

 

It's not like Trump hasn't scammed investors before.......

Last time a Trump company went public it didn't go well for investors

'Trump made millions in the 1990s when his casino company went public. Investors lost a fortune.
 

Donald Trump’s social media company could go public as soon as next week, paving the way for a potentially huge windfall for a former president who raked in tens of millions of dollars the last time one of his companies was listed on a stock exchange.
 

That previous, decades-ago experience, however, did not end well for the company or its investors. While a 2016 Washington Post review found that Trump made over $44 million, the company — Trump Hotels and Casino Resorts — lost more than $1 billion and ended up in bankruptcy'.
 

The last time a Trump company went public it didn't go well for investors (nbcnews.com)


That’s the risk investors take when investing.

 

No one puts a gun to their head forcing them to “write the check “.

 

My portfolio lost over 100k in the first 21/2 years under Biden.

 

Can I blame Biden?

 

Past performance does not guarantee future performance. 

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Posted
37 minutes ago, LosLobo said:

Maybe now DJT shareholders as well.

Like I said that's their problem. The only thing at issue here it seems to me is whether the new Trump shares will factor into the issuance of an appeal bond before 'sundown' MON.

Posted
25 minutes ago, jerrymahoney said:

Like I said that's their problem. The only thing at issue here it seems to me is whether the new Trump shares will factor into the issuance of an appeal bond before 'sundown' MON.

Sorry to burst your bubble(oooh, that's a lie) but Trump has no access to sell those shares until 6 months after the IPO. Maybe be can get someone to give him money for future access to the shares but with Trump's history of failed IPOs that's doubtful. 

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Posted (edited)
9 minutes ago, gargamon said:

Sorry to burst your bubble(oooh, that's a lie) but Trump has no access to sell those shares until 6 months after the IPO. Maybe be can get someone to give him money for future access to the shares but with Trump's history of failed IPOs that's doubtful. 

Ain't my bubble.

 

Mr. Trump could also obtain the board’s blessing to transfer his shares into a trust, or give them to a family member as a gift. By placing them in a trust, Mr. Trump would be able to use the shares as collateral for a loan; a family member, too, could borrow against those shares.

 

https://www.nytimes.com/2024/03/21/business/trump-truth-social-merger.html

Edited by jerrymahoney
Posted (edited)
11 minutes ago, Danderman123 said:

Losing money during the greatest bull market in history is entirely your fault.

The first 2 and half years of Biden’s presidency was not a bull market.

 

Check your stats again 

 

I’ve made it back, of course but the point I was making is invest at your own risk.

 

Hard concept for you to understand.  
 

I didn’t blame it on Global Warming.

Edited by G_Money
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Posted
3 minutes ago, G_Money said:

The first 2 and half years of Biden’s presidency was not a bull market.

 

Check your stats again 

Except for a short dip, the market has been good under Biden.

Screenshot_20240324_125034_Chrome.jpg

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Posted
18 minutes ago, Danderman123 said:

Except for a short dip, the market has been good under Biden.

Screenshot_20240324_125034_Chrome.jpg

 Agree. That’s today.

 

A few years ago not so much 

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Posted (edited)
28 minutes ago, G_Money said:

 Agree. That’s today.

 

A few years ago not so much 

Yeah. It's amazing what dumping a few more $trillion of our kids' money can do for a short term bump.

 

To convince the peasants they're better off, though they can't afford food, fuel, or rent. Much less a mortgage. 

 

Just out of curiosity,  how many square feet can $39,476 buy, given current home prices and mortgage rates, compared to how much the same portfolio would buy under the bad orange man?

 

Or closer to home, how many Big Macs or pounds of beef?

 

Edited by impulse
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Posted
2 hours ago, Dolf said:

How ignorant can one be? The dip was due to covid.

Si now you are acknowledging that there is an impact of the pandemic on the economy? It's nice to know it.

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Posted
7 hours ago, G_Money said:

 Agree. That’s today.

 

A few years ago not so much 

We'll see tomorrow if Trump has the cash to post a bond for his appeal.

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Posted
4 hours ago, Chomper Higgot said:


You might recall the noise over real user / bot counts in the run up to Musk using Saudi money to buy Twitter.

 
Well here’s a thing. ‘Truth Social’ does not publish any verifiable data on user numbers whatsoever.

 
So investors are left to believe a value that has no basis in reality.

 

Once again MAGA are his marks.

Says a pensioner on the internet.

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Posted
4 hours ago, candide said:

Si now you are acknowledging that there is an impact of the pandemic on the economy? It's nice to know it.

Keep digging.

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