Time to Wake up (Part 2)
False equivalencies :
1) DJT staffed with the best
* CEO Devin Nunes with no relevant experience except for being Trump's lackey in congress
* The U.S. Securities and Exchange Commission (SEC) has accused Patrick Orlando, former CEO of shell company Digital World Acquisition Corp, of breaking rules by issuing false and misleading statements.
The SEC said Orlando had failed to disclose to investors that DWAC had formed a plan to acquire Trump Media & Technology Corp.
The SEC's complaint alleges that Orlando, in his capacity as chief executive and chairman of Digital World, falsely represented that the company had no prior discussions or contacts with potential merger targets.
2) Legit business
* Russian finance
According to The Guardian, in December 2021, two loans totaling $8 million (~$8.87 million in 2023) were paid to Trump Media from obscure Putin-connected entities as the company was "on the brink of collapse". $2 million was paid by Paxum Bank, part-owned by Anton Postolnikov, a relation of Aleksandr Smirnov, a former Russian government official who now runs the Russian maritime company Rosmorport. $6 million was paid by an ostensibly separate entity, ES Family Trust, whose director was the director of Paxum Bank at the same time. As of March 2023, prosecutors in the US Attorney for the Southern District of New York were investigating the Russian ties.The Washington Post reported that Trump Media paid a $240,000 finder's fee as part of the arrangement, allegedly to a party associated with Digital World.
3) Honest Reporting
* DJT auditor BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission with widespread fraud and accused of operating a “sham audit mill.”
The SEC accused BF Borgers of “deliberate and systemic failures,” including “fabricating” audit documentation and falsely representing to clients its work would comply with accounting standards.
4) Large Investment banks believe in DJT
* They only hold the shares as they are mandated to do so by the SEC after the DJT was included in the Russell 1000, 3000. Any company that sells index funds that track that index must buy shares within the index, example : ishares.com/us/products/239708/ishares-russell-1000-value-etf
Looks for holding and enter DJT.
5) Executives believe in the company
* See Time to Wake up part 1, all the execs are dumping ship as soon as they can, as apposed to accumulating at such supposed low price. Trump is currently figuring out on how to extract money from the company without creating a mass exodus. This will be the last nail in the proverbial coffin.
1) DJT staffed with the best
* CEO Devin Nunes with no relevant experience except for being Trump's lackey in congress
* The U.S. Securities and Exchange Commission (SEC) has accused Patrick Orlando, former CEO of shell company Digital World Acquisition Corp, of breaking rules by issuing false and misleading statements.
The SEC said Orlando had failed to disclose to investors that DWAC had formed a plan to acquire Trump Media & Technology Corp.
The SEC's complaint alleges that Orlando, in his capacity as chief executive and chairman of Digital World, falsely represented that the company had no prior discussions or contacts with potential merger targets.
2) Legit business
* Russian finance
According to The Guardian, in December 2021, two loans totaling $8 million (~$8.87 million in 2023) were paid to Trump Media from obscure Putin-connected entities as the company was "on the brink of collapse". $2 million was paid by Paxum Bank, part-owned by Anton Postolnikov, a relation of Aleksandr Smirnov, a former Russian government official who now runs the Russian maritime company Rosmorport. $6 million was paid by an ostensibly separate entity, ES Family Trust, whose director was the director of Paxum Bank at the same time. As of March 2023, prosecutors in the US Attorney for the Southern District of New York were investigating the Russian ties.The Washington Post reported that Trump Media paid a $240,000 finder's fee as part of the arrangement, allegedly to a party associated with Digital World.
3) Honest Reporting
* DJT auditor BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission with widespread fraud and accused of operating a “sham audit mill.”
The SEC accused BF Borgers of “deliberate and systemic failures,” including “fabricating” audit documentation and falsely representing to clients its work would comply with accounting standards.
4) Large Investment banks believe in DJT
* They only hold the shares as they are mandated to do so by the SEC after the DJT was included in the Russell 1000, 3000. Any company that sells index funds that track that index must buy shares within the index, example : ishares.com/us/products/239708/ishares-russell-1000-value-etf
Looks for holding and enter DJT.
5) Executives believe in the company
* See Time to Wake up part 1, all the execs are dumping ship as soon as they can, as apposed to accumulating at such supposed low price. Trump is currently figuring out on how to extract money from the company without creating a mass exodus. This will be the last nail in the proverbial coffin.
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