'It's not worth anything': Former Trump lawyer blows a hole in 'hype' over Truth Social
@catlynne333
And according to SEC rules, even if it sold NOW, he couldn't sell shares until 6 months after the company goes public. ๐คท๐ผโโ๏ธ
Well.... he could leverage shares to get cash now from allies, but those shares, as mentioned in this story, are basically worthless. ๐
@Maude @catlynne333 Even if the new hand picked board (junior) allows him to sell, it could lead to a mass sell-off. A literal pump and dump.
@mikeharmanos
Everybody is pissed because his company goes IPO and he's expected to make all this money... but it's another shell game.
What Rick Wilson said, "Everything Trump touches dies"
@catlynne333
@Maude @catlynne333 Always listen to Rick. If I were Abe Lincoln, Iโd say it again. โI cannot spare this man. He fights.โ
@mikeharmanos ๐คฃ ๐๐ผ @catlynne333