Cross post from r/inthenews and link to article
DJT already down 18% Monday after filing that they're issuing 21 million more shares while also selling up to 146m shares (nearly 115m held by Trump where 36m of that could be awarded to him).
The 36m shares to be awarded to Trump is if the stock “is at least $12.50 for a minimum of 20 trading days within any 30 trading day period” link to an article talking about that
Best I can describe this is outrageous, worse than most penny stocks.
And like most penny stocks, the stock company is putting out press releases of new products that are non-existent like a streaming service!
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