DWAC merger vote begins soon (likely THIS week) and concludes on March 22,2024! It's the LAST step before becoming new stock market ticker symbol "DJT"
(finance.yahoo.com)
LET'S GOOoOoooo!!!
Why would anyone even do this? They cant see the potential for a hostile takeover?
What happened to X?
What happened to Project Veritas?
Can’t have a hostile take over if insiders own the majority shares.
Insiders+Trump supporters likely will be at 90% ownership of float soon if not already. If any nefarious elements, they are likely buying the warrants, but those are pay to play. Not rent free to make the "hostile takeover" play. Unclear if enough warrants could be purchased/exercised later to monkey things up.
Cabal preferred play for takeover/control is corporate debt, specifically senior secured or convertible debt notes. They may manipulate the stock price, but it is typically to starve the company of capital and force them to take on debt.
What about naked shorting? What about like with GameStop?
Yes, they appear to be doing this to $DWAC as well. However, $RUM now at an impossible 27% of float shorted and appears to be the current HF target. Hedge funds are likely waiting for $DWAC merger now before expending more ammo against it. If you have $RUM shares DRS them over to Computershare (transfer agent) to remove liquidity HF are using to manipulate the price.
Note that $RUM is closely allied and partnering with $DWAC, so cabal going after them as well.
Trump owns 58%, as long as he isn't selling, no one can take over.
White hats are training us in corporate governance to prevent that.
Civics, accounting, business: we're all getting adult crash courses in this stuff.
Check out theppshow on YouTube if you want to join in the fun.
Initial public float of ~30M shares is very very low. Warrants will come online later and be converted to more shares to expand the float, but anons and Trump supporters have been very aggressive buyers locking up a significant portion of the float now.
If the float is locked and Direct Registered under individual ownership, there is not much Hedge Funds can legally do about it. And if their naked shorting grift ever gets stopped, they are done. We might actually see "non simulated stock prices" at some point in the near future.