Coincidence? Trump's net worth increases by $480M today...

[WarGamer]

Coincidence is the word we use when we can't see the levers and pulleys

--Emma Bull



As I posted yesterday, it appears the Trump SPAC merging with Trump Media and Technology Group will act as a combination slush fund/Super PAC/dark money source for Trump.

DWAC is way up today, over $6 per share and Trumps stake is 79 million shares.

Too politically "hot" to loan Trump money? Then buy the stock. Can't wire money out of Moscow to DJT?

Then have someone buy stock.

The merger vote is set for Friday, if it passes... Trump has instantly made more money than after decades of slum lording, licensing and the occasional steak, wine bottle or university class.

Keep your eye on the stock... it's where the dark money is.

THAT will be the collateral that funds the Bond before Monday.

He can't SELL the stock for 6 months but it can be collateral.

[NameAlreadyTaken]

1. Is good.

Now you have glass of best Russian vodka.

[WarGamer]

2. ???

[Irish_Dem]

8. Trump and Russian oligarchs toasting Putin.

[WarGamer]

9. very possible...

It's incredibly easy to manipulate the stock price.

Volume today so far is around 4m shares... or $170m in volume.

A few entities coming in and buying up say $3-5m each would have a big effect...

[Poiuyt]

15. I think moose and skverl are on to us

[Hugin]

3. It's TSF's latest tip jar.

Cleverly disguised as a mediocre social media platform. So, as not to be confused with a Ponzi scheme.

Ultimately, the RNC will serve the same purpose.

[WarGamer]

4. precisely.

[onenote]

5. But will any of the sureties accept the stock as collateral?

They aren't required to do so and I wonder whether they would be comfortable betting on that stock being work $400 million plus by the time Trump's appeal is decided?

[WarGamer]

6. Good question...

If the sale restriction ends in September... before the election, the bottom is unlikely to have fallen out of the stock. However if/when Trump loses... I think the stock becomes worthless.

They can also request a larger stake as collateral. His stake currently is around $4B... they could ask for $2B in collateral.

[intheozone]

7. Sure, but who knows what the value of the stock

will be in 6 months. Crazy to hold stock like that as collateral, when it's value is based on a business like Truth Social.

[jimfields33]

12. I don't know. Why do CEOs take stock instead of a salary?

It must be good or most would not.

[dsc]

14. CEO's have some control over the value of the stock

and they also pay less in taxes than if they took a straight salary. Neither one of those would be true of this situation. Also, I thought using stock as collateral for loans was forbidden back in the 1930's since that had been partially responsible for Black Tuesday.

[kimbutgar]

10. That's a stock I would be shorting if it went public!

[WarGamer]

11. the SPAC has been public for years...

Been really volatile... started at 10, squeezed to 175 and is currently around 44

When the merger is approved the only real change is the change in ticker symbol and money becomes available to the new company.

[kimbutgar]

13. I used to play the stock market in the 80's and 90's but it changed in the late 90's

So I put my money into mutual funds and CDs.

But that said I wouldn’t invest a dime in anything doing with the orange maggot!