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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIf he's so filthy rich, he SHOULD spend his own money
https://www.msn.com/en-us/money/companies/%e2%80%9cim-really-rich%e2%80%9d-trump-claims-he-doesnt-even-%e2%80%9cneed-financing%e2%80%9d-as-truth-social-deal-falls-apart/ar-AA11wAbv?li=BBnb7KzIm really rich: Trump claims he doesnt even need financing as Truth Social deal falls apart
Trump downplayed the deal ahead of Monday's vote on Truth Social, arguing that the company is "doing really well" despite widely-reported financial struggles. The former president accused the SEC of "trying to hurt" his merger partner and suggested that he may line up private investors instead.
"I don't need financing, 'I'm really rich!'" he wrote. "Private company anyone???"
"I don't need financing, 'I'm really rich!'" he wrote. "Private company anyone???"
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That way when he filed for bankruptcy for the 7th time, he's the only one that doesn't get paid.
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If he's so filthy rich, he SHOULD spend his own money (Original Post)
MissMillie
Sep 2022
OP
I'm surprised. I was expecting to hear that "Cancel Culture" was "censoring" him.
Midnight Writer
Sep 2022
#1
Digital World Acquisition Corp . adjourned its shareholder meeting after two minutes
LetMyPeopleVote
Sep 2022
#2
Midnight Writer
(21,815 posts)1. I'm surprised. I was expecting to hear that "Cancel Culture" was "censoring" him.
Never knew him not to claim the victim role.
LetMyPeopleVote
(145,631 posts)2. Digital World Acquisition Corp . adjourned its shareholder meeting after two minutes
This will be fun to watch
Link to tweet
Digital World Acquisition Corp. adjourned its shareholder meeting after two minutes on Tuesday and said it will continue counting votes on whether to delay a merger with former President Donald Trumps media company.
Shares of DWAC were down 16%.
The special purpose acquisition company had a Thursday deadline to take Trumps media company and its Truth Social platform public. The SPAC has previously warned that a failure to extend the merger deadline could force DWAC to liquidate.
Earlier in the day, DWACs shares had plunged after Reuters reported that it failed to get enough shareholder votes to extend the deadline for its merger with Trump Media and Technology Group. The merger would give Trumps company a cash infusion. Trump created Truth Social after he was banned from Twitter following the Jan. 6, 2021, Capitol riot.
Trump Media denied reports of financial strife that surfaced at the end of August. Trump Media and Technology Group told CNBC in a statement that Truth Social is continuing to grow and is bolstered by the recent addition of advertising to the platform.
Shares of DWAC were down 16%.
The special purpose acquisition company had a Thursday deadline to take Trumps media company and its Truth Social platform public. The SPAC has previously warned that a failure to extend the merger deadline could force DWAC to liquidate.
Earlier in the day, DWACs shares had plunged after Reuters reported that it failed to get enough shareholder votes to extend the deadline for its merger with Trump Media and Technology Group. The merger would give Trumps company a cash infusion. Trump created Truth Social after he was banned from Twitter following the Jan. 6, 2021, Capitol riot.
Trump Media denied reports of financial strife that surfaced at the end of August. Trump Media and Technology Group told CNBC in a statement that Truth Social is continuing to grow and is bolstered by the recent addition of advertising to the platform.
LetMyPeopleVote
(145,631 posts)3. MTG bought stock in this company
Initech
(100,107 posts)4. Yeah that to me is insane.
He's so damn rich, but he's mooching off others to pay his ridiculous legal bills? And he's also not paying his actual bills because his own social media site is tanking. So who's footing his bills? That seems like a fact worth knowing.