Truth Social going public net Trump estimated 2 to 4 BILLION

[Luvnit2]

(03-23-2024, 05:38 PM)NATI BENGALS Wrote: That’s not what I saw. Lock up period is 6 months. I did hear a new twist last night though that I was unaware of. The board can vote and grant a waiver or special exception, forget what word they used, to let Trump sell prior to the expiration of the lock up.

That would mean they let him dump the shares while they are stuck holding. So I don’t know who would vote for that. Of course I assume he is on the board and has voting power himself and probably a lot of it. So I could see it happening. The other board members wouldn’t be happy. But who doesn’t get screwed over when doing business with Trump?

Wat does the board care how many shares Trump owns? They care if he is the #1 user and being followed on the platform. He is not leaving Truth Social platform, just may need to sell his shares so he can appeal NY case with the kangaroo court. I have no doubt Trump wins on appeal and in the end sues NY for all his losses.