REDIAL
"I think it's called campaign donations."
That doesn't sound right. If a stock owned company on the Exchange is offering shares, for an X amount of dollars, surely there must be an SEC law that requires the company to have an equal amount of liquid assets to honor any surrender of the shares they've just sold. Otherwise, they're selling worthless pieces of paper.
So, my question is: If a company calling itself Trump Media and Technology, with no physical assets in the plus column, was created out of thin air for the purpose of listing itself on the Stock Exchange, where is the money to honor the surrender of the stock they've sold.
I can understand if the stock value drops. They've already made some money. But if the stock increases in value ~ say from $100/per to $120/per ~ and the buyer cashes out high, where is the money coming from to honor the new value of the stock.
And why am I getting the feeling that DJT is operating like a failed pyramid scheme getting ready to implode.
I guess Trump didn't consult with MTG after he and Johnson had their confab at Mar-a-Lago and decided to think long range about hanging onto the House and winning the presidency in 2024.
The about-face was so fast after Johnson came back from Mar-a-Lago, there's no question he and Trump had come to an agreement. They just forgot to tell MTG about it.
How rude!