Free Republic

Former President Trump deleted social media posts that a judge determined violated a gag order in his criminal hush money trial, just before a Tuesday deadline. Judge Juan Merchan fined Trump $9,000 and held him in contempt nine times early Tuesday over the posts on Truth Social and his campaign website, which included attacks on prospective jurors and witnesses in the case. He added that further violations could result in jail time. “Defendant is hereby warned that the Court will not tolerate continued willful violations of its lawful orders and that if necessary and appropriate under the circumstances, it will...

Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media & Technology Group disclosed the windfall for Trump in a filing Tuesday, saying the former president has received another 36 million shares in the company. That bonus, known as “earnout” shares, was triggered by the company’s share price staying above certain levels. Trump Media said in the filing that on April 26 it officially determined the performance criteria “had been satisfied” and Trump was “subsequently issued the Earnout Shares.” At current prices, those new shares are valued at approximately...

Truth Social, the media firm owned by Donald Trump, has announced plans to create a live TV streaming service focused on “news networks” and “religious channels,” along with “content that has been canceled, is at risk of cancellation, or is being suppressed.” The Trump Media and Technology Group (TMTG) says it will launch the streaming service in three phases, with the first involving the rollout of the company’s content delivery network (CDN). A CDN, such as those operated by Cloudflare and Akamai, is a service websites use to help webpages load faster. TMTG says its CDN will operate “independent of...

Shares of Trump Media plunged more than 17% in the pre-trading hours after the company filed to issue millions of additional shares of stock. ... Shares of Trump Media plunged more than 11% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic slide came as Donald Trump headed to a Manhattan court to begin jury selection for his criminal trial on hush money-related charges. Trump is the majority stakeholder in the company. Trump Media, which created the Truth Social app and trades under the stock ticker DJT on the Nasdaq, fell nearly...

Do not wait. These storm clouds are not going to dissipate. ...[D]estructive issues: Insider infighting over stockholdings Competing insider shareholder lawsuits First insiders now wanting to sell Feeble responses by Trump Media CEO Nunes in interview by Fox Business News Still-open new million-share spigot from the convertible securities and contracts that are converting Highly diluting "bonus" 40M share issuance if the stock can remain above $17.50 for 20 of 30 days. (Counting the March 26 merger day, the number on April 12 would be 18.) ... Beat the coming sellers to the exit. This stock remains significantly overpriced, with a...

More than a dozen House GOP privacy hawks have blocked the House of Representatives from advancing a Speaker Mike Johnson-backed bill to renew a controversial federal government surveillance tool known as Section 702 of the Foreign Intelligence Surveillance Act (FISA). It comes hours after former President Trump posted on Truth Social, "KILL FISA, IT WAS ILLEGALLY USED AGAINST ME AND MANY OTHERS." Nineteen Republicans voted against their party leadership

The media company that Donald Trump recently took public is suing its co-founders. The lawsuit in Sarasota County, Florida, civil court seeks to bar Wesley Moss and Andrew Litinsky from appointing members to the company’s board — or owning any of its shares. The suit was filed a month after Litinsky and Moss sued Trump Media & Technology Group in Delaware.

The Biden administration’s strategy of politicizing the justice system to knock former President Donald Trump out of the 2024 presidential race has repeatedly hit roadblocks, so an MSNBC panel on Tuesday called on the Securities and Exchange Commission (SEC) to wage its own lawfare campaign against Trump for having a successful trading day.Trump’s “Truth Social” app went public on March 25, with the company’s valuation reaching $13 billion, according to the Financial Times. The stock lost $4 billion in value by Tuesday, according to CBS News.Still, MSNBC seemingly had a meltdown that the current lawfare campaign against Trump has yet...

https://www.yahoo.com/news/trump-net-worth-hits-6-190742175.html?guccounter=1 BloomyBerg via yahoo Details at source

Donald Trump's social media platform Truth Social (DJT) surged more than 50% in its first day of trading on the Nasdaq Tuesday morning. Shares of Trump Media & Technology Group, Truth Social's parent company, were trading above $75 under the ticker symbol "DJT," Trump's initials, just after the market open. The company merged with special purpose vehicle Digital World Acquisition Corp. (DWAC) in a deal approved by shareholders last week. Prior to the merger, DWAC had been on the public market since 2021. Trump founded Truth Social after he was kicked off major social media apps like Facebook and Twitter,...

The merger of Truth Social’s parent company and the special purpose company set up to acquire it was completed Monday. Shares of the combined company, which will be named Trump Media & Technology Group (TMTG), are expected to begin trading on the Nasdaq stock exchange under the ticker symbol DJT. TMTG, as a publicly traded company, will continue to be led by Chief Executive Officer, Devin G. Nunes, and its existing management team. Shares of DWAC, the special acquisition vehicle, soared on Monday. At around noon, they were up by more than 20 percent.

Opened at 40.58. Just hit 51.48!

The former president Donald Trump’s social media company, Truth Social, was formed, and shareholders of the shell corporation that controls it have voted for the company to go public, giving the Republican up to $4 billion in cash at a pivotal point in his continuing criminal and legal prosecutions. Truth Social would be listed on the NASDAQ Stock Exchange with the ticket “DJT” following a vote by the owners of the Trump Media & Technology Group to merge with Digital World Acquisition Corp, a special purpose acquisition company, or SPAC.

Former President Donald Trump’s social media platform Truth Social is preparing to go public at a current valuation of $6 billion. Trump himself would own about 60% of Truth Social were it to go public, which would ultimately net him a possible $3.5 billion.

Former President Donald Trump stands to get a windfall of $3.5 billion now that shareholders of Digital World Acquisition Corp. have approved a merger with his Truth Social on Friday. The potential multibillion dollar infusion comes as New York Attorney General Letitia James is moving to seize Trump’s assets to pay a $464 million bond in his New York civil fraud case. The long-delayed merger came after the Securities and Exchange Commission (SEC) approved it last month, and means that Trump’s company Trump Media & Technology Group will trade on the stock market under the stock ticker “DJT” as early...

In the span of just a few days, Donald Trump’s financial position has moved from seemingly dire—facing the seizure of prized real estate if he doesn’t obtain a large bond—to potentially dazzling, with revelations that his social-media company could bring him more than $3 billion. It is nothing new for a man who has long ridden a roller coaster of luck, acquiring and losing valuable assets repeatedly. When his financial position appears to be the most at risk, again and again, he finds a way to squirm out of it and emerge strong. A big question: Would the windfall come...

Former President Donald Trump is directly calling for the imprisonment of nine of his political opponents — including former Congresswoman Liz Cheney. In a post on his Truth Social platform Sunday, Trump shared an article from far-right writer John Solomon which alleged that the Jan. 6 committee “withheld crucial evidence” in its probe by not releasing the testimony of a Secret Service agent who drove Trump’s limo on Jan. 6. The driver notably disputed the account of former White House staffer Cassidy Hutchinson — who claimed Trump tried to grab the steering wheel of the limo in an effort to...

https://www.youtube.com/watch?v=qktgZYdhtWI (the Truth Social video might be having issues..)

Former President Donald Trump on Wednesday announced that he planned to watch President Joe Biden's State of the Union Address on Thursday and comment on his remarks as the speech progresses. "I am pleased to inform you that tomorrow night we will be doing a LIVE, Play by Play, of Crooked Joe Biden’s State of the Union Address," he posted. "I will correct, in rapid response, any and all inaccurate Statements, especially pertaining to the Border and his Weaponization of the DOJ, FBI, A.G.s, and District Attorneys, to go after his Political Opponent, ME (something never done before in this...

Former president and current frontrunner for the GOP presidential nomination Donald Trump endorsed embattled republican Colorado Rep. Lauren Boebert Saturday despite her controversial history and the recent news that her son has been arrested and was accused of taking part in a series of car break-ins and credit card thefts in his mother's home state. Trump was not swayed by her domestic issues and wholeheartedly announced his support for the congresswoman in a Saturday Truth Social post: “She has led the fight to Impeach Joe Biden, Stop Illegal Immigration, Defend the Second Amendment, Protect our Wonderful Ranchers and Farmers, Support...