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"They"...
Melanie needs to divorce him before he loses everything
"They"...
Yeah, fines alone are speculated to be $400,000,000 or more.
At least it's better than having his home blown up. tee, hee.
"They"
In other unrelated to thread news, Yam s got ed again.
'Nail in the coffin' for Yam s' Truth Social after nearly $200M investment cancelled
Donald Trump's s company that aimed to take his media company public to the U.S. Stock Exchange is returning donor money, Reuters reported Thursday. It means they intend to "cancel all outstanding private investment in public equity (PIPE) investments."
Trump had an SPAC, a Special Purpose Acquisition Company, which is a time-limited (2 years) s company that is publicly traded with the sole purpose of taking a private company public. He named it the Digital World Acquisition Corp (DWAC) and it planned to merge with Truth Social. Now that might be on hold.
The company announced that they're refunding $533 million that they raised from investors. The cash was meant to be an infusion for the deal, but some investors were already backtracking, leading to commitments being cut to $467 million.
"The development is the nail in the coffin of the $1 billion investment that DWAC (DWAC.O) had raised for the merger with Trump Media & Technology Group (TMTG), which runs the Truth Social platform," said Reuters. "It raises further doubts about whether the former U.S. president will go ahead with the deal, now that TMTG no longer stands to receive $1 billion if and when it closes."
It essentially means, that out of the $1 billion in investment commitments, Trump has lost $533 million.
The Securities and Exchange Commission (SEC) cracked down on the SPACs after there were many details throughout 2020 and 2021 that concerned investors that they were getting a "raw deal," a July report described.
In the Forbes report Thursday, the publication noted that the new filing revealed that Trump lost nearly $200 million in the prior investment commitments in less than a year. The total loss was $191.5 million.
The companies are spinning it as a positive for them.
Devin Nunes, the Trump Media CEO and former Republican member of the House, swears abandoning the commitments is an “important step…in the 'best interest' of shareholders that wanted to complete the merger 'as soon as possible.'"
“Despite how others may seek to characterize the PIPE commitment cancellations, we want our shareholders to understand that these cancellations are a positive development in our ability to consummate the business combination,” Digital World Acquisition Corp. CEO Eric Swider said in a statement.
Forbes reported that they also said on Thursday "its unaudited quarterly financial statements from last year 'should also no longer be relied upon' because of a 'material weakness' in internal accounting practices, following a similar announcement in May about its audited 2022 quarterly reports."
https://www.rawstory.com/trump-truth-social-nail
"They"
That'll certainly teach any other smart who gets a hankering to be President, eh, Effy?......"It's a closed circuitPERIOD Like your Effy abides: "Don't around. You won't find out what Trump already found out."In other unrelated to thread news, Yam s got ed again.
'Nail in the coffin' for Yam s' Truth Social after nearly $200M investment cancelled
Donald Trump's s company that aimed to take his media company public to the U.S. Stock Exchange is returning donor money, Reuters reported Thursday. It means they intend to "cancel all outstanding private investment in public equity (PIPE) investments."
Trump had an SPAC, a Special Purpose Acquisition Company, which is a time-limited (2 years) s company that is publicly traded with the sole purpose of taking a private company public. He named it the Digital World Acquisition Corp (DWAC) and it planned to merge with Truth Social. Now that might be on hold.
The company announced that they're refunding $533 million that they raised from investors. The cash was meant to be an infusion for the deal, but some investors were already backtracking, leading to commitments being cut to $467 million.
"The development is the nail in the coffin of the $1 billion investment that DWAC (DWAC.O) had raised for the merger with Trump Media & Technology Group (TMTG), which runs the Truth Social platform," said Reuters. "It raises further doubts about whether the former U.S. president will go ahead with the deal, now that TMTG no longer stands to receive $1 billion if and when it closes."
It essentially means, that out of the $1 billion in investment commitments, Trump has lost $533 million.
The Securities and Exchange Commission (SEC) cracked down on the SPACs after there were many details throughout 2020 and 2021 that concerned investors that they were getting a "raw deal," a July report described.
In the Forbes report Thursday, the publication noted that the new filing revealed that Trump lost nearly $200 million in the prior investment commitments in less than a year. The total loss was $191.5 million.
The companies are spinning it as a positive for them.
Devin Nunes, the Trump Media CEO and former Republican member of the House, swears abandoning the commitments is an “important step…in the 'best interest' of shareholders that wanted to complete the merger 'as soon as possible.'"
“Despite how others may seek to characterize the PIPE commitment cancellations, we want our shareholders to understand that these cancellations are a positive development in our ability to consummate the business combination,” Digital World Acquisition Corp. CEO Eric Swider said in a statement.
Forbes reported that they also said on Thursday "its unaudited quarterly financial statements from last year 'should also no longer be relied upon' because of a 'material weakness' in internal accounting practices, following a similar announcement in May about its audited 2022 quarterly reports."
https://www.rawstory.com/trump-truth-social-nail
Trump? Effy, you couldn't stop him with silver bullets & a wooden stake.
American Democracy, indeed.
Trump fraud trial live updates: Firm mulled using presidential 'premium' as boost
https://www.msn.com/en-us/news/polit...ny/ar-AA1hyBsB
Testimony is his fraud sentencing trial continues.
"They"
From WaPost, another bad Monday coming for Yam s:
The judge overseeing Donald Trump’s federal election obstruction case in D.C. is holding a hearing Monday morning on whether she should issue a gag order that would restrict what Trump can say about the case.
Prosecutors requested the gag.
-They worry that the former president’s inflammatory comments could prejudice potential jurors or intimidate witnesses.
-On the other side, Trump’s team has argued that a gag order would violate his cons utional rights to freedom of speech, particularly as he is again running for president.
Judge Tanya S. Chutkan could rule from the bench on Monday — or issue a written decision later.
American Democracy, my ass.
"They"
Yam s gagged.
A federal judge on Monday issued a gag order on former President Donald Trump, limiting what he can say about special counsel Jack Smith’s federal prosecution into his alleged attempt to subvert in the 2020 presidential election.
The order restricts Trump’s ability to publicly target court personnel, potential witnesses, or the special counsel and his staff. The order did not impose restrictions on disparaging comments about Washington, DC, – where the jury will take place – or certain comments about the Justice Department at large, both of which the government requested.
"They"
He couldn't stop with the online death threats.Yam s gagged.
A federal judge on Monday issued a gag order on former President Donald Trump, limiting what he can say about special counsel Jack Smith’s federal prosecution into his alleged attempt to subvert in the 2020 presidential election.
The order restricts Trump’s ability to publicly target court personnel, potential witnesses, or the special counsel and his staff. The order did not impose restrictions on disparaging comments about Washington, DC, – where the jury will take place – or certain comments about the Justice Department at large, both of which the government requested.
Yam s is about to find out about the legal repercussions of grifting the poorly educated.
C'est la vie
"They"
Ann Coulter with sarcastic tone: “Not a grift at all”
Melania Trump received $155,000 for a “speaking engagement” from a Yam s super PAC.
"They"
Judge is ready to slap a yam ted ho down
The judge overseeing Donald Trump’s civil fraud trial admonished the former president’s attorneys for a “blatant violation” of a gag order and suggested that violations could result in “imprisonment.”
Judge Arthur Engoron said despite his clear order to take down a social media post attacking his clerk, “I learned that the subject post was never removed from the website.”
“And, in fact, had been on that website for the past 17 days. I understand that it was removed late last night but only in response to an email,” Engoron said.
Engoron said he'd take it under advisement. Doesn't sound like he'll do anything yet.
Yam s is a habitual line stepper.
Yam s can't say he was not given a warning and did not know what the consequences.
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