Donald Trump

He can pull his money out as soon as he wants.

His son is a shareholder and can take it to help.
Terms of SPAC investment includes a ‘lock-up’ provision preventing him from selling his stake for 6 months after merger and listing (and prevents him from borrowing against the held shares for that period).

But, as I have said previously, he obviously has previous for breaking legally binding contracts and there are round about ways of receiving cash for those assets (such as receiving an uncollateralised loan that he just so happens to pay back with proceeds of the sale of his stake after 6 months.

Now, no sane, legitimate entity would give him such a loan right now, especially given his stake in the newly listed media company may very well be worth a fraction of what it is now by the time he can sell. And the mere fact that he almost never actually pays his creditors.

Which leaves certain interests in Saudi and Russia that may be interested in doing so. But that line of credit is very risky given the immense scrutiny his finances are already under.

It will be very interesting how things develop over the next week regarding the $175 million bond due and the next few months as his financial position is further strained by mounting costs of litigation and campaigning with more limited fundraising from his base.
 
@Trevor Morley's Tache perhaps there is some cause for hope…

Former RNC Chair Ronna McDaniel dropped as an NBC contributor following outcry


…until she gets picked up by CNN.
I wonder if Joe Scarborough and Mikas joint rant on their programme did it?

Both criticised NBC and said there's no way she's being invited onto their breakfast slot.
 
If he and his followers believe in god as they claim they should really really read his book. Especially the New Testament. They’ll love the Jewish Socialist pacifist main character I’m sure.
Jesus is a globalist, possibly in charge of space lasers.
 
Jesus is a globalist, possibly in charge of space lasers.
Jewish space lasers. MTG was right!! Jesus also said folk should pay taxes “render unto Caesar was is Caesars” Pervert Hoover certainly doest agree with that.
 
I wonder if Joe Scarborough and Mikas joint rant on their programme did it?

Both criticised NBC and said there's no way she's being invited onto their breakfast slot.
Essentially every major NBC personality, pundit, and journalist denounced it. I read last night that threats of resignation if the NBC execs insisted on bringing her on had begun to mount.

But I still wonder if one of the other networks will still pick her up.
 
Essentially every major NBC personality, pundit, and journalist denounced it. I read last night that threats of resignation if the NBC execs insisted on bringing her on had begun to mount.

But I still wonder if one of the other networks will still pick her up.
OAN or Faux?

She's proved she'll say whatever is needed for cash.
 
Jewish space lasers. MTG was right!! Jesus also said folk should pay taxes “render unto Caesar was is Caesars” Pervert Hoover certainly doest agree with that.
Yes but his cocktail dress was lovely.
 
I’ve read that he can’t immediately pull out and will have to remain invested for a set amount of time.
I’ve read that too that he can’t sell his remaining stock for 6 months which I understand is just under half the stock of the company. But what about the money that’s come in to buy the stock that was floated in the IPO? What’s happened to that. Am I missing something?
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.