ChristineC
5 days ago
It is not a stock scam. It is a debt dilution event. That is why the float went from 29,000,000 to 136,000,000 and is now over 176,000,000. The SPAC pays some debt (Not to Trump) and in return they are legally allowed to register their shares as free trading without the restricted holding period. Trumps shares are restricted but the SPAC is selling the debt shares to the float (Dilution) DJT will end up at $1 and dropped to the OTC.
Debt dilution is legal. The SPAC knows full well they will never make any money from revenue from Trump Social, and this was all set up as a debt dilution dump. When the smoke clear there will be 500,000,000 or more in the float at $1 and then drop below $.25 on the OTC and the SPAC knows full well everyone will cost average and buy more shares for less and the SPAC makes even more money from sucker investors.
Because TRUMP is not the CEO (The acting CEO is on FINRAS bad actor list) the CEO approves the issuance of shares when even a little debt is paid and the debt payers register the shares. Trump may not be aware of this. But this is how a SPAC latches onto a company, dumps debt shares cheap. The SPAC makes BILLIONS all because 100,000,000 are buying one or two shares of DJT (not as an investment strategy) but just to feel they are part of the plan. NONE of the retail investors money goes to DJT or TRUMP. It goes to debt investors who paid a few bucks for GOBS of shares, so investors are giving money to a private person NOT associated with DJT or TRUMP.
When the shares went from 29,000,000 float to 136,000,000, the SPAC and BROKERS (who are in the scheme) sold those 108,000,000 shares short. The brokers did NOT buy from the bid because they are buying the shares cheaper from the debt investors and cover any open shorts for much less than the bid.. This cuts off any profits made by retailers... The added 108,000,000 (from 29m to 136,) sold for $50 and the spac and brokers took in over $5 billion! All because investors are buying mostly one or two shares.
Its the same as if you went to a yard sale and bought some OLD NIKE sneakers. They are REAL NIKE but they are not sold by the company, You gave your money to the garage sale person for USED sneakers but you tell everyone you bought NIKE. That is what DJT shares are, they are pre-sold not company owned used shares. Just because you see a ticker in your account does NOT mean you own shares in DJT and your money never went to DJT when you bought those used shares from a yard sale debt dilution scheme. DJT investors money went to a NON company affiliate with NO ties to DJT or TRUMP...
OTC below $1 then down to $.25!!!!!
GUARANTEED!
Nikodemos
1 week ago
More like a MONEY LAUNDERING scheme...
The Trump Org. has already paid fines & penalties levied for VIOLATING Money Laundering
rules & laws dating back to their Casino Regulation days... And FRAUD charges here on $DJT...
[] The largest majority DJT-shareholder (~118M shares) knows the ropes!
[] Already paid well over $15M in fines for Money Laundering
[] Has EXTENSIVE Mob ties...
And bankrupted $DJT, along with his Money Laundering Casinos at least FOUR TIMES!!
$327.6M Net Loss...
[] For one product
[] #TruthSocial,
[] with nothing proprietary,
[] No patents,
[] built on FREE open source code,
[] a super tiny-niche microblogging product,
[] in a mature market (notoriously hard to monetize)
[] with HUGE insider payouts
[] & failing metrics
[] they reportedly claim they do NOT track...
How can one CLAIM an advertising-based business-model - &/or "a TECH Company" - & NOT track;
[] engagement,
[] user metrics,
[] time spent on the platform, etc.,
to ATTRACT the ADVERTISING DOLLARS your business-model is reliant on?
3rd-party analysis shows ~50% DROP in Active Daily Users.... already!
PS: DOWN while the wall-to-wall media exposure on the company, via majority shareholder, has NEVER been GREATER!
None of it makes any sense in any real-world business context! $9B Market Cap?! LOL... People claiming $DJT is a $100.00, $200.00, $300.00, & even $1,000.00 "meme" stock. No it isn't! And NEVER WILL BE!! In reality, these jack-a-lopes are going to DILUTE immediately; the minute their shares are eligible, sorted through compliance, & digitally-ready for liquidation!
And not a moment later.
They may even break the law -- & suffer the fines! Because the VALUATION is ridiculous & they KNOW IT!! There is ZERO CHANCE that any of them are going to 'build the business', 'hodl' & let the fundamentals catch up with THIS CURRENT bogus valuation; nevermind $100 or more!!
...
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Nikodemos
1 week ago
GET TO KNOW $DJT
[] $327.6 MILLION (Net Loss, Q1)
[] Reported $46 MILLION in DEBT
[] $18 MILLION SEC FINE/Penalty for LYING/FRAUD
[] SEC Finds $22.9 MILLION in $DJT Insider Trading
[] SEC Finds Trump Media Auditor & DJT-submitted-audit where: AUDITOR misspelled his name 14 (FOURTEEN) TIMES!
[] SEC suspends Trump Auditor for what they believed to be 'MASSIVE FRAUD'
[] SEC terminates license & BANS Trump Media Auditor FOR LIFE!!
[] 5 lawsuits currently from co-founders, Trump (majority shareholder) & insiders: AGAINST each other!
[] Including a Motion from Co-Founders requesting EARLY REMOVAL of RESTRICTIVE LEGENDS (on insiders share certificates)
[] MASTODON threatens TRUMP with lawsuit....
(for lying, refusing, &/or failing to acknowledge use of FREE Open Source Code upon which #TruthSocial was built)
[] $DJT/#TruthSocial experiences MASSIVE DECLINE in Active Users
$DJT Experiences MASSIVE DECLINE in Daily Active Users already DOWN 50% to date:
SOURCES & LINKS (for review):
SEC Finds $22.9M Insider Trading:
https://www.sec.gov/news/press-release/2023-121
$18M SEC FINE/PENALTY for LYING/FRAUD:
https://www.sec.gov/news/press-release/2023-135#;
SEC $DJT CEASE-&-DESIST ORDER:
https://www.sec.gov/files/litigation/admin/2023/33-11213.pdf
TRUMP Auditor MISSPELLS OWN NAME 14 times in Audit/Filing:
https://tinyurl.com/33mt2h9a
SEC SHUTS DOWN TRUMP AUDITOR, for "MASSIVE FRAUD":
https://tinyurl.com/4tb2fnbk
SEC Finds MATERIAL MISREPRESENTATIONS:
https://tinyurl.com/ycyt9nww
Mastodon threatens Trump w/ lawsuit for VIOLATIONS of FREE OPEN SOURCE CODE (#TruthSocial was built on):
https://tinyurl.com/abw4axvh
To follow just A FEW of previous business operations: SCAMS, FRAUDS, MONEY LAUNDERING, TAX EVASION, & OTHER Charges, Fines, Penalties, & Court ordered JUDGEMENTS (paid, to avoid admission of guilt: aka 'White Privilege')
NOTE: BOTH of these lists are INCOMPLETE.
Recorded DIRECTLY from public legal documents & filings!
STOP BREAKING THE LAWS ARSHOLES!
https://www.youtube.com/watch?v=1c_I841J6_M
JUST THE FACTS PLEASE!!
(Links provided for $DJT SELF-VERIFICATION!!)
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JOHNNIEBG
2 weeks ago
Sounds like the wall street theory, the major analyst theory, most stock investors theory, and the right theory.... Just because I said it is going to be a penny stock and go bankrupt doesn't mean it is going to happen in a day, week or month..... Ready what the top analyst say about it, It is nothing but a scam and it will eventually find its own place where it belongs in the penny stocks...... Why don't you give everyone Trump's theory. Make sure you hold on to all the DJT stock you own forever..............
JOHNNIEBG
2 weeks ago
You are the dip, moron... Unless you have a lot of money to lose and could care less than you shouldn't even be buying this POS at any price. Especially if you are buying it to hold it....... This is going to be a penny stock and then straight to bankruptcy, I really don't care what these fool buyers on here think. If they hold it they will pay the price. If they are day trading, buying option, etc, than good for them if they want to risk a lot to gain a little.....