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Posted 1 mo ago
Responses: 6
Side note about Truth Social: Trump is already facing an unrelated lawsuit from co-founders claiming stock dilution…
https://www.forbes.com/sites/anafaguy/2024/02/29/trump-media-co-founders-file-lawsuit-claiming-company-tried-to-dilute-their-stake/
https://www.forbes.com/sites/anafaguy/2024/02/29/trump-media-co-founders-file-lawsuit-claiming-company-tried-to-dilute-their-stake/
Trump Media Co-Founders File Lawsuit Claiming Company Tried To Dilute Their Stake
The co-founders of Trump’s media business allege the company tried to dilute their 10% stake in the parent company of Truth Social.
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SSgt Robert Simonds
SGT (Join to see) - People that are unprepared for real life. To my knowledge no one has been taken advantage of. However; Trump is a good business man and knows the laws and uses them to his advantage.
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MSG Stan Hutchison
SSgt Robert Simonds - "Trump is a good business man"
A conman that screwed contractors and had 6 corporate bankruptcies. Good? Really?
A conman that screwed contractors and had 6 corporate bankruptcies. Good? Really?
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SSgt Robert Simonds
Sgt Charlie Lee, SGT Robert Simonds = I'. m one of the stupid people and I believe you are Chinese right? and woke right? and you hatred is because of that or because you believe you are more intelligence?. You constant hate speech Leeds me to believe you are a troll and someone not to trust is that correct? Yes Trump as President kept the Chinese in their place and every America knows that. That was good and his job and he was good at it. Because China isn't Americas friend or one to be trusted and they prove that more each day, How? With China police stations in America, Company is Michigan own and run by china military, influx of Chinese illegals crossing our borders, Spying this are all the things that need to be stopped. If Trump gets in where they all go by by. We real Americans hope I along with million of others want our America back the way it was? Trump isn't a communist like the democrats and we both know that so if you are trying to prove something other than hate fore an American President that did the best job for this country ever you are wrong. Your calling people stupid and dumb and all you other things that are lies isn'' the way to go about any thing. there is an old saying you can catch more fly's with honey than you can with salt. unless this is something you believe makes you great you are wrong.
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There will be a lot of volatility to the stock due to Trump, Corp losses, and general ignorance of the investors. Valuation of stocks should be driven by earnings which it does not have or promise of earnings.
What really jumps out for the 2023 Income Statement is the expenses far exceed revenue. The other thing that stands out is the $39 million interest payment. Something does not add up. In 2023 the Corp listed $46 million in total debt. There is no way in hell $46 million will incur $39 million in interest debt. That means the interest rate is 85%. $1 billion in debt is more commiserate with a $39 million in interest payment in 2023. Did Trump borrow close to a $1 billion, siphon it, and does not report the immense debt? It is not adding up.
What really jumps out for the 2023 Income Statement is the expenses far exceed revenue. The other thing that stands out is the $39 million interest payment. Something does not add up. In 2023 the Corp listed $46 million in total debt. There is no way in hell $46 million will incur $39 million in interest debt. That means the interest rate is 85%. $1 billion in debt is more commiserate with a $39 million in interest payment in 2023. Did Trump borrow close to a $1 billion, siphon it, and does not report the immense debt? It is not adding up.
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V1 :
1.) Donald Trump’s Big Mouth Could Cost Him Even More on Truth Social
* Did Donald Trump violate SEC rules?
After a rough week for his new social media venture, Trump Media & Technology Group, or TMTG, the former president ranted on his Truth Social account Thursday about how great the platform is doing—at least, in his opinion. But Trump may have broken some Securities and Exchange Commission rules in the process.
SEC laws prohibit the use of “manipulative and deceptive devices” to pump up stocks. Trump’s bragging in the face of heavy losses by his company could fall under that category, Trump critic George Conway tweeted Thursday afternoon.
SOURCE : https://newrepublic.com/post/180479/trump-rant-truth-social-sec-broken-law
2.) indictment of presidents
Primary tabs
Overview
Indictments of a sitting or former president remain an uncertain area of Constitutional law. The Constitution does not directly address indictments for either, and the Supreme Court has never had an opportunity to rule directly on the issue. Overall, most legal experts support the possibility of indicting a former president at least for certain crimes, but there is less consensus on the indictment of a sitting president.
A president or former president has never been charged with a crime before, which means that no court has been given the opportunity to rule on the topic.
However, there have been a couple of close encounters.
* President Ulysses S. Grant is the only president ever brought into custody, but his arrest was over a speeding charge which resulted in release and a fine.
* President Richard Nixon’s likely indictment led his successor President Gerald Ford to pardon him.
* President Bill Clinton escaped indictment after negotiation with special counsel over false testimony given in the Monica Lewinsky scandal.
SOURCE : https://www.law.cornell.edu/wex/indictment_of_presidents
However, no President has ever received an indictment. The closest the Supreme Court has come to addressing the issue was, in requiring President Nixon abide by a subpoena, stating that “neither the doctrine of separation of powers, nor the need for confidentiality of high-level communications, without more, can sustain an absolute, unqualified Presidential privilege of immunity from judicial process under all circumstances” (See United States v. Nixon, 418 U.S. 683, 706 (1974).
However, circumstances have rarely given rise to the opportunity
1.) Donald Trump’s Big Mouth Could Cost Him Even More on Truth Social
* Did Donald Trump violate SEC rules?
After a rough week for his new social media venture, Trump Media & Technology Group, or TMTG, the former president ranted on his Truth Social account Thursday about how great the platform is doing—at least, in his opinion. But Trump may have broken some Securities and Exchange Commission rules in the process.
SEC laws prohibit the use of “manipulative and deceptive devices” to pump up stocks. Trump’s bragging in the face of heavy losses by his company could fall under that category, Trump critic George Conway tweeted Thursday afternoon.
SOURCE : https://newrepublic.com/post/180479/trump-rant-truth-social-sec-broken-law
2.) indictment of presidents
Primary tabs
Overview
Indictments of a sitting or former president remain an uncertain area of Constitutional law. The Constitution does not directly address indictments for either, and the Supreme Court has never had an opportunity to rule directly on the issue. Overall, most legal experts support the possibility of indicting a former president at least for certain crimes, but there is less consensus on the indictment of a sitting president.
A president or former president has never been charged with a crime before, which means that no court has been given the opportunity to rule on the topic.
However, there have been a couple of close encounters.
* President Ulysses S. Grant is the only president ever brought into custody, but his arrest was over a speeding charge which resulted in release and a fine.
* President Richard Nixon’s likely indictment led his successor President Gerald Ford to pardon him.
* President Bill Clinton escaped indictment after negotiation with special counsel over false testimony given in the Monica Lewinsky scandal.
SOURCE : https://www.law.cornell.edu/wex/indictment_of_presidents
However, no President has ever received an indictment. The closest the Supreme Court has come to addressing the issue was, in requiring President Nixon abide by a subpoena, stating that “neither the doctrine of separation of powers, nor the need for confidentiality of high-level communications, without more, can sustain an absolute, unqualified Presidential privilege of immunity from judicial process under all circumstances” (See United States v. Nixon, 418 U.S. 683, 706 (1974).
However, circumstances have rarely given rise to the opportunity
Donald Trump’s Big Mouth Could Cost Him Even More on Truth Social
Did Donald Trump violate SEC rules?
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