What do you think will happened to Truth Social?

[Azza ☠]

Donald Trump originally wanted to gift Truth Social to his wife, which would of been a massive tax cost and break the agreement with the co-founders, so denied.

Trump's sons then wanted free shares in Truth Social for doing nothing, which the co-founders also denied.

So Trump hasn't paid the creators of Truth Social at all and even attempted to liquidate their shares as being the co-founders to null them out. So the Truth Social co-founders sued Donald Trump.

Trump then had a merger of Truth Social with Digital World Acquisition Corporation to gain over $3 billion in shares. However, Trump can't withdraw those shares for at least 6 months. It instantly dropped (20%) $1 billion in value as Truth Social is running at a lost. R.I.P Digital World Acquisition Corporation too.

Donald Trump is now trying to sue the Truth Social co-founders over alleged mismanagement of the platform.

Trump's blaming the creators he's begged to make and run Truth Social for running it's daily operations but "failed spectacularly at every turn". Some how it was the co-founders which and I quote Trump's lawyer (not the Mr Pillow Guy or Ruby Giuliani who he never paid, but another lawyer) "They made a series of reckless and wasteful decisions at a critical time that caused significant damage to TMTG and a decline in the stock price of its merger partner".

https://www.youtube.com/watch?v=7wGt6CN0Jrs

[Under there]

interesting... but what do you think about donald trump?
i'm really curious

[livinggg]

ugh
oh yea, ha got lost in that rant. truth social will inevitably become a memory.

[Vox]

Are the shares still dropping?

[dobrowol]

Originally posted by Hairy Harry:

Originally posted by Stingray_tm:

This thing lost more than half of its inflated value so far since going public. People are losing a lot of money with it and this will probably continue. Let's see how much Trump will have left in 5 months, when he would be able to cash in.

It's a meme stock. Just like NFTs it will crash and burn, because it has no inherent value. Let's hold those bags, boys!

This. But it did make a few people a lot of money. The ones that sold the stock just after the initial spike.

Don't they have to wait and hold for 6 mo. period ??

[Birds]

Originally posted by dobrowol:

Originally posted by Hairy Harry:

This. But it did make a few people a lot of money. The ones that sold the stock just after the initial spike.

Don't they have to wait and hold for 6 mo. period ??

no that's an isolation practie russia instituted to prevent its citizens from investing in foreign stocks. since the capital was usually used to harm their economy in turn.

a few eu nations do it too i think, although 3-4 months is more common.

us has a hold inbetween 1ms and 3 days depending.

[WraithTargundaMajarie]

Last I heard about Truth Social, is that no one is invested into the Social,
except Donald Trump... Which really didn't make any sense at all...

Even Elon with Truthful Twitter Today??

Cut out all the Staff out of Twitter as i've been understood,
& that his buildings of Twitter have been Empty for a good
while now... Elon came up with AI to counter act the horrible
AI infecting everything, but even Elon AI is kinda out of umm
Elon's AI doesn't really fit in with anything??

It's not doing anything good, or bad at all,
It's kinda a weak AI that is not going anywhere...

It's an AI bent on Good, all things Good??

But it's not helping Twitter at all, because
well?? How it's being used makes no sense at all...


My point about Twitter, is that they got rid of
a lot of their Staff?? Which is weird for a guy
who wants to save Free Speech, right??

Ya, I don't get it, either, ~_~


Donald Trump supposedly is on Twitter,
but some days everyone loves Trump,
& other days Everyone hates Trump,
you just never know what you gonna get...

A lot of People are switching to Trump Votes, though...

A lot of People still say they don't wanna Vote at all...

Most anyone only states about the Democratic Party
that they hate Trump, but won't give a single reason
why they support Biden at all?? They seem to think
that they are losing Democracy if they don't Vote
for Joe Biden, & that is their only reason...

But what part of supporting Democracy
have to do with Burning a Country down??

Donald Trump isn't doing that,
the Biden Supporters are the
one's doing that...

Trump hasn't done anything to harm Democracy at all, ~_~





Soooo, i'm totally confused what People
want to Vote for Joe Biden for at all, other
then their own Stupidity, & they being a
complete slave to Joe Biden Nomics,
& sacrificing their minds like they are robots, ~_~

[Sigma957]

It's just adjusting to realistic expectations. Ten billion was an overvaluation.

[WraithTargundaMajarie]

10 Billion??

[Sigma957]

Originally posted by WraithTargundaMajarie:

10 Billion??

Mhm, it got valued between 8 and 10 billion dollars.

[Elation]

It continues to prove true that most threads about US politics or politicians are, in fact, not made by people from the US.

[livinggg]

Originally posted by Sigma957:

Originally posted by WraithTargundaMajarie:

10 Billion??

Mhm, it got valued between 8 and 10 billion dollars.

Insane eval wtf how

[Pocahawtness]

Who cares? The site is Trump. When Trump falls, the site probably will as well.

[WraithTargundaMajarie]

Originally posted by Pirate☠️Pocah:

Who cares? The site is Trump. When Trump falls, the site probably will as well.

I'm surprised that the Site is even still Up at all...

But the Question is??

Is Trump gonna fall at all??

As far as i'm aware??

Joe Biden Supporters are slowly moving twards Trump,
more so then the alternative moving in the other direction...

An awful lot of People have come forwards
claiming they've been used by the Democratic
Party, & they no longer want to support it anymore...

[Azza ☠]

Rep. Marjorie Taylor Greene held Truth Social stock, just days after the merger announcement on Oct 22, 2021. Now it's tanking she doesn't want to spew QAnon conspiracy theories anymore or talk about the merge pump and dump of Truth Media.

Marjorie Taylor Greene doesn't not show any public disclosures on her stocks and it doesn't show them as being sold, yet her email says Greene “holds no stocks at this time as reflected in her financial disclosure.”

I guess they just magically disappeared huh? Good luck with the lawyers. Under the STOCK Act, members of Congress must report any trades within 45 days. Must suck that Trump made an QAnon member part of Congress...

https://www.youtube.com/watch?v=2hIyr7kjmnc

[Rumpelcrutchskin]

Originally posted by Vox:

Are the shares still dropping?

There is nowhere left to drop, already hit rock bottom.