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Post by hugsfromlv426 on Apr 16, 2024 11:25:28 GMT
1) How much cash does the DJT company have on hand from stock issuances?
2) Is there a published business plan to turn that cash into a profitable social media company?
3) What happens to the cash if the goal of a social media empire is deemed not feasible?
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Post by hugsfromlv426 on Apr 16, 2024 14:49:53 GMT
Anyone?
Anyone?
Buellar?
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Post by thekindercarebear (A/S/L) on Apr 16, 2024 14:54:24 GMT
i wanted the asian guy saying it in The Game but whatever  |
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Post by teh on Apr 16, 2024 15:04:54 GMT
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Post by uncreative on Apr 16, 2024 15:29:38 GMT
#2 is the only question that matters and the answer is: Trump plans on having his gang of useful idiots prop the stock up just long enough for him to cash out. Then watch it crash to $0.
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Post by hugsfromlv426 on Apr 17, 2024 12:46:22 GMT
Thanks, but I would love to know how much cash they have after the initial stock sale a few weeks ago, since that cash seems to be the only thing of value the company has. |
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Post by teh on Apr 17, 2024 13:42:07 GMT
Thanks, but I would love to know how much cash they have after the initial stock sale a few weeks ago, since that cash seems to be the only thing of value the company has. So would I. |
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Post by Fetzer Zinfandel ♀︎ on Apr 17, 2024 13:44:03 GMT
#2 is the only question that matters and the answer is: Trump plans on having his gang of useful idiots prop the stock up just long enough for him to cash out. Then watch it crash to $0. Heretic is happily subidizing! |
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Post by Harry Skywalker on Apr 17, 2024 13:46:31 GMT
Indiana Jones is an American media franchise consisting of five films and a prequel television series, along with games, comics, and tie-in novels, that depicts the adventures of Dr. Henry Walton "Indiana" Jones, Jr. (portrayed in all films by Harrison Ford), a fictional professor of archaeology.
The series began in 1981 with the film Raiders of the Lost Ark. In 1984, a prequel, Indiana Jones and the Temple of Doom, was released, and in 1989, a sequel, Indiana Jones and the Last Crusade. A fourth film followed in 2008, titled Indiana Jones and the Kingdom of the Crystal Skull. A fifth and final film, titled Indiana Jones and the Dial of Destiny, was theatrically released on June 30, 2023. The series was created by George Lucas. The first four films were directed by Steven Spielberg, who worked closely with Lucas during their production, while the fifth film was directed by James Mangold. In 1992, the franchise expanded to a television series with The Young Indiana Jones Chronicles, exploring the character in his childhood and youth, and including adventures with his parents.
Marvel Comics began publishing The Further Adventures of Indiana Jones in 1983, and Dark Horse Comics gained the comic book rights to the character in 1991. Novelizations of the films have been published, as well as many novels with original adventures, including a series of German novels by Wolfgang Hohlbein, twelve novels set before the films published by Bantam Books, and a series set during the character's childhood inspired by the television show. Numerous Indiana Jones video games have been released since 1982.
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Post by blizzmanb on Apr 17, 2024 13:50:09 GMT
Ok just a few things: 1. The Reverse Merger: The Troth Sension "IPO" wasn't a traditional IPO where virgin stock was sold for cash in order to raise money for the newly listed company (minus a cut) but rather a relatively new way of taking a company public, the SPAC/reverse merger. All stocks bought and sold except for newly issued "virgin" stock (my term) are on a secondary market (i.e. if you buy one share of Meta (Facebook) right now, the Meta company/Zuckerberg doesn't get any cash from it, the money goes directly to the seller of the stock, who could be anyone or anything.) The only way proceeds from a stock sale go directly to the issuing company is via an IPO, which this deal wasn't. 2. How it works: Step 1: Identify privately held "target company" for merger. (Troth Sension) Step 2: Create a publicly-held shell company. In this instance, that's DWAC, founded in September 2021. Step 3: Sell stock in shell company -- that's your IPO right there. Step 4: Merge target company into shell company so the already-established shell company's stock becomes stock in the target company. This is accompanied by a name/ticker change to signify the shell company becoming the target company. Thus DWAC is now DJT.
3. Cash raised: DWAC raised $293 million cash from its IPO in September 2021. <----- This is the most direct answer to your question.
4. If you want to know more about where DJT's plans for its stock may go after the merger, I would suggest perusing the SEC "Edgar" database. Start here: www.sec.gov/ix?doc=/Archives/edgar/data/1849635/000114036124016719/ef20025342_8k.htm5. How much cash on hand does DJT have after this month's reverse merger, etc.? You'll have to wait until September 2024 for that "10-Q" (Quarterly Report) and even then the answers may not be very transparent.
That is all. |
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Post by blizzmanb on Apr 17, 2024 13:59:02 GMT
. . . Annnnnnnd I just bought ten (10) shares of DJT on margin at 25 1/4!* I'm in the club brah!!
____________ * Apparently the trade executed at 25 even, nice.
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Post by hugsfromlv426 on Apr 17, 2024 14:03:37 GMT
Ok just a few things: 1. The Reverse Merger: The Troth Sension "IPO" wasn't a traditional IPO where virgin stock was sold for cash in order to raise money for the newly listed company (minus a cut) but rather a relatively new way of taking a company public, the SPAC/reverse merger. All stocks bought and sold except for newly issued "virgin" stock (my term) are on a secondary market (i.e. if you buy one share of Meta (Facebook) right now, the Meta company/Zuckerberg doesn't get any cash from it, the money goes directly to the seller of the stock, who could be anyone or anything.) The only way proceeds from a stock sale go directly to the issuing company is via an IPO, which this deal wasn't. 2. How it works: Step 1: Identify privately held "target company" for merger. (Troth Sension) Step 2: Create a publicly-held shell company. In this instance, that's DWAC, founded in September 2021. Step 3: Sell stock in shell company -- that's your IPO right there. Step 4: Merge target company into shell company so the already-established shell company's stock becomes stock in the target company. This is accompanied by a name/ticker change to signify the shell company becoming the target company. Thus DWAC is now DJT. 3. Cash raised: DWAC raised $293 million cash from its IPO in September 2021. <----- This is the most direct answer to your question. 4. If you want to know more about where DJT's plans for its stock may go after the merger, I would suggest perusing the SEC "Edgar" database. Start here: www.sec.gov/ix?doc=/Archives/edgar/data/1849635/000114036124016719/ef20025342_8k.htm5. How much cash on hand does DJT have after this month's reverse merger, etc.? You'll have to wait until September 2024 for that "10-Q" (Quarterly Report) and even then the answers may not be very transparent.
That is all. Well I don't want to do any actual work! But seriously. It was my understanding that Trump was granted 92% of the stock, and then after the company went public/merged he had 58% of the stock. I don't think he sold any so more must have been issued? Right? |
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Post by hugsfromlv426 on Apr 17, 2024 14:04:33 GMT
. . . Annnnnnnd I just bought ten (10) shares of DJT on margin at 25 1/4!* I'm in the club brah!!
____________ * Apparently the trade executed at 25 even, nice.
You just lost a dollar. |
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Post by hugsfromlv426 on Apr 17, 2024 14:05:37 GMT
. . . Annnnnnnd I just bought ten (10) shares of DJT on margin at 25 1/4!* I'm in the club brah!!
____________ * Apparently the trade executed at 25 even, nice.
You just lost a dollar. Now you are up 70 cents! This is a roller coaster of stress just watching! |
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Post by blizzmanb on Apr 17, 2024 14:07:20 GMT
Ok just a few things: 1. The Reverse Merger: The Troth Sension "IPO" wasn't a traditional IPO where virgin stock was sold for cash in order to raise money for the newly listed company (minus a cut) but rather a relatively new way of taking a company public, the SPAC/reverse merger. All stocks bought and sold except for newly issued "virgin" stock (my term) are on a secondary market (i.e. if you buy one share of Meta (Facebook) right now, the Meta company/Zuckerberg doesn't get any cash from it, the money goes directly to the seller of the stock, who could be anyone or anything.) The only way proceeds from a stock sale go directly to the issuing company is via an IPO, which this deal wasn't. 2. How it works: Step 1: Identify privately held "target company" for merger. (Troth Sension) Step 2: Create a publicly-held shell company. In this instance, that's DWAC, founded in September 2021. Step 3: Sell stock in shell company -- that's your IPO right there. Step 4: Merge target company into shell company so the already-established shell company's stock becomes stock in the target company. This is accompanied by a name/ticker change to signify the shell company becoming the target company. Thus DWAC is now DJT. 3. Cash raised: DWAC raised $293 million cash from its IPO in September 2021. <----- This is the most direct answer to your question. 4. If you want to know more about where DJT's plans for its stock may go after the merger, I would suggest perusing the SEC "Edgar" database. Start here: www.sec.gov/ix?doc=/Archives/edgar/data/1849635/000114036124016719/ef20025342_8k.htm5. How much cash on hand does DJT have after this month's reverse merger, etc.? You'll have to wait until September 2024 for that "10-Q" (Quarterly Report) and even then the answers may not be very transparent.
That is all. Well I don't want to do any actual work! But seriously. It was my understanding that Trump was granted 92% of the stock, and then after the company went public/merged he had 58% of the stock. I don't think he sold any so more must have been issued? Right? I hadn't heard anything about the 92% brah. That 58% figure is also what the filing on Edgar stated. |
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