And thanks to our stellar legal system we can just say looks great! Moving on…This is probably a good situation for a real expert to post something more accurate than what I’m pretending to do.
ok, that definitely helps. What about Company A makes it cash rich? How do you measure the assets of a “company” (which doesn’t produce anything or report a profit”)?Yes, the investors put money into company A in the very simplified example below.
Company A is a blank check fund with cash put in by investors.
Company B is truth social, a private company in which Trump owns a large percentage of the (currently basically worthless) shares
Company A and B merge, that cash inflates the net asset value of the newly combined entity, meaning the previously worthless stock is now worth a lot more.
ok, that definitely helps. What about Company A makes it cash rich? How do you measure the assets of a “company” (which doesn’t produce anything or report a profit”)?
Someone said he has to wait 6 months. He'll probably find a way out of it thoughSo this 3-4 billion dollar gain that’s being attributed to Trump from this merger is completely dependent upon him unloading his shares in the small window of time while the company maintains its obviously bullshit valuation.
Think I saw that the board can “decide” to waive that provision.Someone said he has to wait 6 months. He'll probably find a way out of it though
So Company A is at risk of losing actual money? Or are their assets also fuzzy?
so what you are saying ismeasurement of the assets and the net worth of any entity, company or individual, doesn’t really have anything to do with income. It’s just a point in time calculation of assets minus liabilities, financial accounting wise.
If a person has $100 in a checking account and no debt and no income, their net worth is $100
Similarly company A can have assets of say $5 billion of cash, minimal other assets or debt and doesn’t do anything to make money so the value of the company would be that $5 billion
but do the people buying it actually care? It's basically another way to donate money. It's a massive laundering operation.Yeah like I originally said, when this GameStop quality ship inevitably hits the iceberg it’s not going to be the sharps or trump left holding the bag.
So this is how America ends. In pure stupidity.
crimes literally do not matter for Trump. onlyevery other person.