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To: conservative98

Just as an “FYI”- Trump’s “Truth Social” is about to shut. The parent company, “Digital World Aquisition” has seen it’s stock drop to less than half it’s value in the last few months. There is a “deal” to try to merge or be acquired by another firm - but the negotiations have been stretching out... SO...

Stockholders have been called to a special meeting next week to approve an extension of time to maybe get the deal done. BUT...

There is also a buyout offer on the table for any A+ stock holders to file to have your shares bought from the trust set up. Currently that would be about $10/share (despite the stock still trading for $20).

I dumped my few shares yesterday to cut my losses.


3 posted on 09/01/2022 12:38:33 PM PDT by TheBattman (Democrats-Progressives-Marxists-Socialists - redundant labels.)
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To: TheBattman
Just as an “FYI”- Trump's “Truth Social” is about to shut

Nonsense.
Nice little scam you've got going there.

The parent company, “Digital World Aquisition” has seen it's stock drop to less than half it's value in the last few months.

And how has Twitter's and Facebook's stock done in he last few months?
Normal fluctuations of stick prices don't mean any company “is about to shut”.

14 posted on 09/01/2022 12:49:08 PM PDT by SmokingJoe ( )
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To: TheBattman

I voted for the extension - and I added to my position on the lower price :)


16 posted on 09/01/2022 12:51:22 PM PDT by reed13k (For evil to triumph it is only necessary that good men do nothing)
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To: TheBattman

There are suspicions that Twitter isn’t profitable and is propped up by the feds...so I wondered how Truth could make it if this were true.


18 posted on 09/01/2022 12:54:23 PM PDT by Aria
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To: TheBattman

There’s an awful lot of activity there. I check in sever times a day. Took a bit for Getter to get up to speed and they didn’t have a problem with the antiAmericans at Google refusing to let the TS app on their store.


22 posted on 09/01/2022 1:06:12 PM PDT by McGavin999
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To: TheBattman

The Android denial was a killer


23 posted on 09/01/2022 1:07:13 PM PDT by gibsonguy
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To: TheBattman

Trump is probably worried about a legal problem from funding truth social and running for office. Otherwise he would fund it himself.


24 posted on 09/01/2022 1:16:30 PM PDT by Revel
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To: TheBattman

Stop spreading lies. Truth Social is barely six months old but has already grown to millions of users. Over 10,000 users (and sometimes many more) are being added every day - and I track this daily (to update my tagline here) so I know.


27 posted on 09/01/2022 1:26:12 PM PDT by SamAdams76 (3,986,808 users on Truth Social)
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