It looks like the SEC has completed its work (Took their sweet time) There was insider trading before the announcement of TMTG as the target.
The people involved have been gone from DWAC for over a year. I think they have been arrested but I am not sure.
The SEC will charge a civil fine of 18million to end this. It is only a civil fine. But it is still 18 million.
The SEC full commission has to sign off on this. Most likely that will happen.
Okay he listened to all of it, nothing too major, just that the merger may go through bc the criminals will pay the fine. So, hard to say what will happen. Sorry, not a lot of specifics.
Assuming you still have your shares I believe you will get your investment back and you will be quite happy.
We are just at the beginning. The big blockade has been removed but there is still a little work to do.
I don't think you will get your investment back next week but what do I know.
That's going to take off on Wednesday i bet
LET'S GOOOOOOO!
Wen moon?
GME + 0.66
Bobby up 10.35%
For anyone that is interested there will be a live discussion about it on Rumble at 8 EDT. About 1 hour from now. https://rumble.com/v2xya5w-dwacd-live-episode-60-dwac-reaches-a-settlement-with-the-sec.html
Could you possibly break down the video?
It looks like the SEC has completed its work (Took their sweet time) There was insider trading before the announcement of TMTG as the target. The people involved have been gone from DWAC for over a year. I think they have been arrested but I am not sure.
The SEC will charge a civil fine of 18million to end this. It is only a civil fine. But it is still 18 million.
The SEC full commission has to sign off on this. Most likely that will happen.
early take from hubby: So far the speaker seems to know what he's taking about but I don't know much about who he is.
We are both naturally skeptical and optimistic.
Thank you! And you hubby
Okay he listened to all of it, nothing too major, just that the merger may go through bc the criminals will pay the fine. So, hard to say what will happen. Sorry, not a lot of specifics.
Thank you both so much for the info
Here is a post from Yahoo's Financial page on DWAC from Fortune from 33 days ago. https://finance.yahoo.com/news/truth-social-latest-hurdle-going-105051770.html
Garelick was resigning from the board... Garelick resigned a year ago not just now like the article says.
14/- to 90… that was the Week to Remember.
Maybe I can get my original investment back before I die, but I’m not holding my breath.
Assuming you still have your shares I believe you will get your investment back and you will be quite happy. We are just at the beginning. The big blockade has been removed but there is still a little work to do.
I don't think you will get your investment back next week but what do I know.