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Re: Trump's got the $ [Re: Lockjaw] #4105629
03/23/24 10:21 AM
03/23/24 10:21 AM
Joined: Feb 2007
Posts: 19,120
colbert county
cartervj Online content
Old Mossy Horns
cartervj  Online Content
Old Mossy Horns
Joined: Feb 2007
Posts: 19,120
colbert county
They want his Seven Springs estate

https://www.trump.com/estates/bedford-new-york

[Linked Image]


“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
Re: Trump's got the $ [Re: Lockjaw] #4105639
03/23/24 10:33 AM
03/23/24 10:33 AM
Joined: Aug 2001
Posts: 64,643
Luverne, AL
Skinny Offline
GUVNER
Skinny  Offline
GUVNER
Joined: Aug 2001
Posts: 64,643
Luverne, AL
If I remember correctly, that is an old money elitist New Yorker estate and there was a great deal of fussing and complaining because Trump bought it and took it from the country club crowd.


Never Trust Government

"You can be broke but you cant be poor." Ruthie-May Webster
Re: Trump's got the $ [Re: Skinny] #4105652
03/23/24 10:46 AM
03/23/24 10:46 AM
Joined: Feb 2015
Posts: 7,236
Meridianville
DryFire Offline
14 point
DryFire  Offline
14 point
Joined: Feb 2015
Posts: 7,236
Meridianville
Originally Posted by Skinny
Originally Posted by Turkey_neck
He’s taking truth social public


Yup. Truth Social is going public, he owns almost all of it so all he has to do is sell the right amount of shares to his friends and he's got the money. Truth Social IPO is expected to be 8-10 billion at the open.


IPO rules state if you are an initial investor like Trump, you cannot sell shares until a certain time has elapsed. I think that time is 180 days.

Re: Trump's got the $ [Re: DryFire] #4105656
03/23/24 10:52 AM
03/23/24 10:52 AM
Joined: Jan 2001
Posts: 10,784
Birmingham
W
wew3006 Offline
Booner
wew3006  Offline
Booner
W
Joined: Jan 2001
Posts: 10,784
Birmingham
Originally Posted by DryFire
Originally Posted by Skinny
Originally Posted by Turkey_neck
He’s taking truth social public


Yup. Truth Social is going public, he owns almost all of it so all he has to do is sell the right amount of shares to his friends and he's got the money. Truth Social IPO is expected to be 8-10 billion at the open.


IPO rules state if you are an initial investor like Trump, you cannot sell shares until a certain time has elapsed. I think that time is 180 days.


And; it takes time to get an IPO structured and offered. He does not have time

Re: Trump's got the $ [Re: DryFire] #4105660
03/23/24 11:12 AM
03/23/24 11:12 AM
Joined: Jan 2001
Posts: 25,946
Fayetteville TN Via Selma
jawbone Online content
Freak of Nature
jawbone  Online Content
Freak of Nature
Joined: Jan 2001
Posts: 25,946
Fayetteville TN Via Selma
Originally Posted by DryFire
Originally Posted by Skinny
Originally Posted by Turkey_neck
He’s taking truth social public


Yup. Truth Social is going public, he owns almost all of it so all he has to do is sell the right amount of shares to his friends and he's got the money. Truth Social IPO is expected to be 8-10 billion at the open.


IPO rules state if you are an initial investor like Trump, you cannot sell shares until a certain time has elapsed. I think that time is 180 days.

He can sell with no wait if approved by the Board of Directors, one of whom is Donald Jr.


Lord, please help us get our nation straightened out.
Re: Trump's got the $ [Re: Lockjaw] #4105672
03/23/24 11:54 AM
03/23/24 11:54 AM
Joined: Aug 2001
Posts: 64,643
Luverne, AL
Skinny Offline
GUVNER
Skinny  Offline
GUVNER
Joined: Aug 2001
Posts: 64,643
Luverne, AL
He also has other assets which never make the general public. Like his own set of warehouses and construction yards in NYC. That place is so dense, they have an area just for companies, city, etc...to park any kind of large equipment. They rent that parking from the owner. Guess who owns a big parking lot in NYC? Its only worth $200 million cause its the only place to park a skid steer and a cement mixer.


Never Trust Government

"You can be broke but you cant be poor." Ruthie-May Webster
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