Truth Social stock in free fall

[Dont@Me]

psssst


i see dead people

biden on the beat bro

 

[Pazzy]

For some motherfukkers who hate trump, yall sure do pay attention to everything he does. I completely forgot he had a social media platform.

 

[the cac mamba]

it's more like Lie Incel

 

[Buddy]

There's usually a news development tied to these kinda things, did anything happen? Or are they just suffering internally?



Also (cause I like being sarcastic)

 

[staticshock]

For some motherfukkers who hate trump, yall sure do pay attention to everything he does. I completely forgot he had a social media platform.

This is really your response?

 

[Pazzy]

This is really your response?

Yeah you guys are reinvigorating Trump. Told yall i dont give a fukk about Trump

 

[King Harlem]

That initial valuation was way too high, irresponsibly high.
Truth Social became irrelevant when Elon Musk bought Twitter.

 

[DeuceZ]

Good

 

[Charlie Hustle]

For some motherfukkers who hate trump, yall sure do pay attention to everything he does. I completely forgot he had a social media platform.

Hating a MFs requires attention to detail, dedication and vigilance.

 

[Neuromancer]

Damn life comes at you fast.

 

[Dameon Farrow]

How many tlr 'brehs' bought a bundle? Fess up.

 

[Tribal Outkast]

Yeah you guys are reinvigorating Trump. Told yall i dont give a fukk about Trump

It ain’t 2016 bro, it’s over for him.

 

[bnew]

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1/3
Here we go….DJT shares registered for sale….

And if you are wondering WHY big donors would just dump big cash into this?
Unlike a political donation - you can use that loss to offset capital gains.

2/3
Also absolutely infuriating

3/3
It is LEGAL


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Spoiler: thread continued

Spoiler: full text

1/5
Trump Media & Technology Group/TMTG announced:
- share repurchase for some execs
- remittance of $2,908,708 plus penalties & interest to IRS & state tax authorities
- board director Don Jr appointed dir/honorary co-chair of Trump Vance 2025 transition team
https://www.sec.gov/Archives/edgar/data/1849635/000114036124038420/ny20032766x5_8k.htm

2/5
TMTG announcement also included:
- director Linda McMahon was also appointed as a director and co-chair of Trump Vance 2025 Transition
https://www.sec.gov/Archives/edgar/data/1849635/000114036124038420/ny20032766x5_8k.htm

3/5
Linda McMahon will head Trump Vance 2025 Transition with Howard Lutnick, Chairman and CEO of Cantor Fitzgerald
https://www.politico.com/news/2024/08/16/trump-transition-chair-00174367

Howard Lutnick helped take Rumble public - I reported here on close ties between TMTG and Rumble
Trump Media & Technology Group, Rumble, Cosmic Development

4/5
The Trump Media & Technology Group filing also included an update on various legal proceedings

https://www.sec.gov/Archives/edgar/data/1849635/000114036124038420/ny20032766x5_8k.htm

This article includes a summary of all of the updates

Trump Media announces share repurchase and IRS payment By Investing.com

5/5
Trump's TMTG filed registration statement for offer of up to 5,102,002 shares for:

WorldConnect IPTV Solutions - 2,550,000
JedTec LLC - 2,550,000
MZHCI, LLC DBA MZ Group - 2,002

First 2 relate to acquisition of content delivery network, 3rd is IR co
https://www.sec.gov/Archives/edgar/data/1849635/000114036124038409/ny20032766x1_s1.htm#tSSH


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