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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. is a social media and technology-focused company. The Company’s social media platform, TruthSocial, provides an outlet outside of Big Tech that encourages open global conversation without discriminating against political ideology. The Company is also focused on developing a subscription-based video streaming service, TMTG+, which intends to include access to... see more

NDAQ:DJT - Post Discussion

Trump Media & Technology Group Corp > They had $300 million
View:
Post by tylerreddick on Jun 14, 2024 11:27am

They had $300 million

when DJT took over DWAC (DWAC's money, DJT's useless propaganda site).
$100 million disappeared in a matter of weeks (I wonder where it went?)
Long before Trump is allowed to dump his hundreds of millions of shares, all the money will be gone, and this joke of a stock will be worthless.
Comment by a2bman on Jun 14, 2024 11:29am
Just read this from the S1 The number of shares of Common Stock being offered for resale in this prospectus exceeds the number of shares of Common Stock constituting our public float. The Resale Securities represent approximately 393% of our public float and approximately 82.6% of our outstanding shares of Common Stock as of June 10, 2024 (after giving effect to the issuance of shares of ...more  
Comment by KozmoT on Jun 14, 2024 11:32am
Is this even legal?  How are they allowed to do this to their own investors ... "The Resale Securities represent approximately 393% of our public float and approximately 82.6% of our outstanding shares of Common Stock as of June 10, 2024 "
Comment by tylerreddick on Jun 14, 2024 11:44am
Why would anyone be surprised to find out something related to Trump is just another scam?
Comment by tylerreddick on Jun 14, 2024 11:44am
" For example, based on the closing price of $45.49 per share on June 4, 2024, ARC and other Selling Securityholders may receive potential profits of up to $45.48 per share. " So they got their shares for ONE CENT!!!!!!!!!!!!!!!! This stock is WORTHLESS!!!!!!!!!!!!!!!!!!
Comment by a2bman on Jun 14, 2024 1:13pm
Tyler thats rounded up to the penny its actuall a tenth of a penny.
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