No. of Recommendations: 4
its not impossible that locked-up shares will be near worthless before they can be sold, so another 30m to trump may not matter.
knowing this, the insiders are going all-out in grabbing the (initial) $200M cash from the SPAC completion.- DJT will not going publish nor track any typically expected metrics for a social media company (like # users). This way, they can not get caught in operational lies.
- DJT will burn through money at a MUCH higher rate than most expect. the cash will be gone and the reported losses will go exponential...because it is very expensive to pay people NOT to track business metrics, bring no value to the company, and sue other insiders. here is the cost for payroll, consulting, legal, and barely disguised grift :
washingtonpost.com - Trump media truth social payoutin all ways predictable,trump had his role in the multiple SPAC completion delays. so instead of billions, he will now be fighting for scraps of cash that will be gone before the election. small-time grifter once again.
