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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

Truth Social merger deal: it's been approved but several lawsuits have been filed because Trump is trying to split, ie, create more shares, and claim ownership of most of them (to get more. money), which would significantly dilute the shares of the other founders, since they've been assigned a certain number of shares, instead of a certain percentage of shares. They're not happy, and they're all fighting each other.

Trump is not allowed to sell his shares for the first 6 months, BUT, he can perhaps negotiate a loan now on the prospect of selling in 6 months.

However, the conditions of the loan will probably be usurious, since he's radioactive and everyone knows he'll try to stave off payment. There are also multiple scenarios in which the shares don't take off as they're hoping, and they'll be worth nothing in 6 months (Trump dies, Tump goes to jail, Trump loses the election, etc).
[/quote]

Color me skeptical that any bank is to going to loan half a billion dollars secured by a majority stake of meme stock in a company that loses money every year and has no realistic prospect to ever make money.[/quote]

Can't use the stock for that purpose until the 6 month lock-up period is over.[/quote]
Apparently the company can choose to give him a waiver.[/quote]

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