Re: NY vs. Trump - Financial Fraud Case
Posted: Sun Apr 14, 2024 7:24 pm
Yep, that's the plan. The judge could apparently not let them off the case, but I don't see how you could force someone to represent someone.
That is not dead which can eternal lie, and with strange aeons bring us some web forums whereupon we can gather
http://octopusoverlords.com/forum/
This is right. The Judge should look at the reason for counsel being fired. If the only purpose is to delay trial then the Judge can order the attorneys to stay on the case and the defendant has the choice of using the lawyers or going on his own. In this case the Judge would simply be calling Drumpfs bluff.LordMortis wrote: ↑Mon Apr 15, 2024 6:59 am If you fire your lawyer the day before a trial, then the judge should review cause and then choose to proceed or not. Load from save is an option but it should not be the default. Judges are arbiters to make judgements when necessary, aren't they? Otherwise the legal system would be a flow chart, wouldn't it?
TRUMP MEDIA & TECHNOLOGY
$27.25-5.34 (-16.39%)
Trump Media shares tank after company says it could sell more stock
09:54:36 AM ET, 04/15/2024 - Reuters
April 15 (Reuters) - Shares of Donald Trump's social media company slumped 12% on Monday, extending their string of losses, after the company said in a regulatory filing that it could sell millions of additional shares in coming months.
The filing showed a potential sale of 146.1 million shares including 114.8 million shares owned by Trump himself.
It also listed an additional 21.5 million shares that could be sold upon the exercise of certain warrants issued when the company went public through a blank-check merger with Digital World Acquisition Corp.
Shares of Trump Media & Technology Group have retreated sharply since their market debut on March 26, falling 60% from the opening price of $70.90.
Trump, a former U.S. president and presumed Republican 2024 nominee, is on trial in a Manhattan court related to hush money payments to a porn star.
(Reporting by Yuvraj Malik in Bengaluru; Editing by Anil D'Silva)
What a sentence!Trump, a former U.S. president and presumed Republican 2024 nominee, is on trial in a Manhattan court related to hush money payments to a porn star.
+1.
It truly is a cult. There’s a woman who calls herself “The Queen of Canada” who had told followers that they no longer have to pay utility bills or property taxes or mortgage payments. There are any number of posts on Telegram where her followers are asking what is happening when their houses are being repossessed. Trumpism/MAGA is no different than this cult.
Trumpism is no different than QANON, the sovereign citizen movement, the “Queen of Canada” movement, etc. You don’t have to go through intensive emotionally isolated weekends where your defenses are broken down like we typically think of how cults work. All you need are people who are vulnerable in some way that is played upon, who need to feel like they are privy to special inside information, who are on the “outside” and now feel they are on the “inside”, who feel that the movement is the answer to their problems. It also helps if the movement identifies an enemy to direct their anger towards, whether it is the govt, illegal immigrants, liberals, the deep state, etc.GreenGoo wrote: ↑Mon Apr 15, 2024 11:43 am+1.
My only real question at this point is how did this happen? Even cults need to make their members vulnerable through a variety of methods. I'm not talking about ignorance of how the stock market works. I'm talking about the unfounded complete faith in an obvious fraud.
They're telegraphing the exit from the grift but the cult will continue to blame "shorts" and the Deep State.‘DJT’ stock tumbles after Trump media company files for the sale of nearly 115 million shares
Shares of Trump Media & Technology Group Corp. tumbled Monday, after the social-media company filed to issue new shares, and for current stockholders to sell nearly 150 million shares.
The company’s DJT, -18.13% S-1 filing with the U.S. Securities and Exchange Commission includes the potential sale of up to 114,750,000 shares held by Donald J. Trump, the former U.S. president.
That amount includes the 78,750,000 common shares Trump received after the merger with the special-purpose acquisition company, or SPAC, Digital World Acquisition closed on March 25. It also includes 36 million in “earnout shares,” which may be issued to Trump depending on how the stock performs over the next three years.
But even with the S-1 filing, Trump’s shareholdings are subject to a lockup period, which means they can’t be sold until Sept. 25.
...
In total, the S-1 is for the issuance of up to 21.5 million new common shares, and for the sale from time to time of up to 146.1 million shares held by stockholders. The company would not receive any proceeds from the sale of shares by stockholders.
“The number of shares of common stock being offered for resale in this prospectus exceeds the number of shares of common stock constituting our public float,” the company said in an S-1 filing with the U.S. Securities and Exchange Commission.
The resale of stock represents about 256% of the current public float, or shares currently available for the public to trade, and about 107% of the outstanding shares as of Jan. 31.
This is from a Wapo article about the same guy-
He's got as much self-awareness as he has sense.“This isn’t just another stock to me. … I feel like it was God Almighty that put it in my lap,” he said. “I’ve just got to hold on and let them do their job. If you go on emotion, you’ll get out of this thing the first time it goes down.”
To be fair, she's not wrong and that advice works here to.Grifman wrote: ↑Mon Apr 15, 2024 11:52 amIt truly is a cult. There’s a woman who calls herself “The Queen of Canada” who had told followers that they no longer have to pay utility bills or property taxes or mortgage payments. There are any number of posts on Telegram where her followers are asking what is happening when their houses are being repossessed. Trumpism/MAGA is no different than this cult.
It's a way for retail supporters to donate and try get in on the gains. When he becomes president they will have helped put him there and made money to boot or so they believe... And it may be true for a couple of years if you can get meme going for 10s of millions of retail supporters who don't understand or care about valuation, though I sure wouldn't make that bet.Grifman wrote: ↑Mon Apr 15, 2024 1:20 pm They probably need more cash, which would explain the sale of new shares of stock. Not surprising given their losses over the past year. This would give Trump more time to dump his shares. That said, Trump owns such a large share of the company, I don’t see where the buyers would come from, nor could he do it without crashing the stock price. Hence I don’t think there is an easy way for him to get out.
In an environment when exactly one streaming content developer is making money.Earlier Tuesday, Trump Media in a press release said it “has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network.”
The company said it will roll out streaming content in three phases, the first of which will introduce Truth Social’s content delivery network for streaming live TV to the app for Android, iOS and web.
Phase two will release stand-alone Truth Social streaming apps for phones, tablets and other devices, while phase three will release such apps for home television, Trump Media said.
“The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly content including films and documentaries; and other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” Trump Media said in its release.
CEO Devin Nunes in a prepared statement said, “We’re excited to move forward with the next big phase for Truth Social.”
“With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery service,” Nunes said. “There is a lot of great content that simply can’t find an audience for unjust reasons, and we want to let these creators know they’ll soon have a guaranteed platform where they won’t be cancelled.”
Actually if he becomes president, the company can be worth a lot. Other than staying at Trump's hotel to pay Trump, they can also just buy ads or buy the shares. You'll see lobbyists, foreign agents stay at Trump's hotel and also buy ads on Truth Social or just directly buy the shares to put money in Trump's pocket in exchange for something that Trump can do for them as the president.LordMortis wrote: ↑Tue Apr 16, 2024 6:46 amIt's a way for retail supporters to donate and try get in on the gains. When he becomes president they will have helped put him there and made money to boot or so they believe... And it may be true for a couple of years if you can get meme going for 10s of millions of retail supporters who don't understand or care about valuation, though I sure wouldn't make that bet.Grifman wrote: ↑Mon Apr 15, 2024 1:20 pm They probably need more cash, which would explain the sale of new shares of stock. Not surprising given their losses over the past year. This would give Trump more time to dump his shares. That said, Trump owns such a large share of the company, I don’t see where the buyers would come from, nor could he do it without crashing the stock price. Hence I don’t think there is an easy way for him to get out.
Also, down below $26 pre market and still falling...
What content? Content is very expensive to produce, and to get users to want subscribe and pay for their app, they are going to need a lot of content. No one is going to download and pay for an app until they know what content is available. This is just smoke and mirrors until they have real content to go with their app.LordMortis wrote: ↑Wed Apr 17, 2024 6:10 am DJT to get in to streaming with all that extra revenue
https://www.cnbc.com/2024/04/16/trump-m ... tform.html
In an environment when exactly one streaming content developer is making money.Earlier Tuesday, Trump Media in a press release said it “has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network.”
The company said it will roll out streaming content in three phases, the first of which will introduce Truth Social’s content delivery network for streaming live TV to the app for Android, iOS and web.
Phase two will release stand-alone Truth Social streaming apps for phones, tablets and other devices, while phase three will release such apps for home television, Trump Media said.
“The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly content including films and documentaries; and other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” Trump Media said in its release.
CEO Devin Nunes in a prepared statement said, “We’re excited to move forward with the next big phase for Truth Social.”
“With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery service,” Nunes said. “There is a lot of great content that simply can’t find an audience for unjust reasons, and we want to let these creators know they’ll soon have a guaranteed platform where they won’t be cancelled.”
Public domain stuff. Cheap syndicated stuff. There are OTA networks that have presumably very cheap old TV shows that would probably fit on Trump Streaming. The fact that they're old means they're going to be at least mildly politically incorrect and would appeal to the anti-woke crowd, especially if marketed properly.Grifman wrote: ↑Wed Apr 17, 2024 8:18 amWhat content? Content is very expensive to produce, and to get users to want subscribe and pay for their app, they are going to need a lot of content. No one is going to download and pay for an app until they know what content is available. This is just smoke and mirrors until they have real content to go with their app.LordMortis wrote: ↑Wed Apr 17, 2024 6:10 am DJT to get in to streaming with all that extra revenue
https://www.cnbc.com/2024/04/16/trump-m ... tform.html
In an environment when exactly one streaming content developer is making money.Earlier Tuesday, Trump Media in a press release said it “has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network.”
The company said it will roll out streaming content in three phases, the first of which will introduce Truth Social’s content delivery network for streaming live TV to the app for Android, iOS and web.
Phase two will release stand-alone Truth Social streaming apps for phones, tablets and other devices, while phase three will release such apps for home television, Trump Media said.
“The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly content including films and documentaries; and other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” Trump Media said in its release.
CEO Devin Nunes in a prepared statement said, “We’re excited to move forward with the next big phase for Truth Social.”
“With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery service,” Nunes said. “There is a lot of great content that simply can’t find an audience for unjust reasons, and we want to let these creators know they’ll soon have a guaranteed platform where they won’t be cancelled.”
Per the other thread, I do expect that if Trump wins, it will become the official media partner and sole source of information for the US Government.Grifman wrote: ↑Wed Apr 17, 2024 8:18 amWhat content? Content is very expensive to produce, and to get users to want subscribe and pay for their app, they are going to need a lot of content. No one is going to download and pay for an app until they know what content is available. This is just smoke and mirrors until they have real content to go with their app.LordMortis wrote: ↑Wed Apr 17, 2024 6:10 am DJT to get in to streaming with all that extra revenue
https://www.cnbc.com/2024/04/16/trump-m ... tform.html
In an environment when exactly one streaming content developer is making money.Earlier Tuesday, Trump Media in a press release said it “has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network.”
The company said it will roll out streaming content in three phases, the first of which will introduce Truth Social’s content delivery network for streaming live TV to the app for Android, iOS and web.
Phase two will release stand-alone Truth Social streaming apps for phones, tablets and other devices, while phase three will release such apps for home television, Trump Media said.
“The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly content including films and documentaries; and other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” Trump Media said in its release.
CEO Devin Nunes in a prepared statement said, “We’re excited to move forward with the next big phase for Truth Social.”
“With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery service,” Nunes said. “There is a lot of great content that simply can’t find an audience for unjust reasons, and we want to let these creators know they’ll soon have a guaranteed platform where they won’t be cancelled.”
Trump was on the apprentice he already cut out the middle man.Grifman wrote: ↑Wed Apr 17, 2024 8:18 amWhat content? Content is very expensive to produce, and to get users to want subscribe and pay for their app, they are going to need a lot of content. No one is going to download and pay for an app until they know what content is available. This is just smoke and mirrors until they have real content to go with their app.LordMortis wrote: ↑Wed Apr 17, 2024 6:10 am DJT to get in to streaming with all that extra revenue
https://www.cnbc.com/2024/04/16/trump-m ... tform.html
In an environment when exactly one streaming content developer is making money.Earlier Tuesday, Trump Media in a press release said it “has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network.”
The company said it will roll out streaming content in three phases, the first of which will introduce Truth Social’s content delivery network for streaming live TV to the app for Android, iOS and web.
Phase two will release stand-alone Truth Social streaming apps for phones, tablets and other devices, while phase three will release such apps for home television, Trump Media said.
“The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly content including films and documentaries; and other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” Trump Media said in its release.
CEO Devin Nunes in a prepared statement said, “We’re excited to move forward with the next big phase for Truth Social.”
“With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery service,” Nunes said. “There is a lot of great content that simply can’t find an audience for unjust reasons, and we want to let these creators know they’ll soon have a guaranteed platform where they won’t be cancelled.”
?! They don’t need no stinkin’ content. They have the Trump cult who will throw money at this just to support their savior, and anti-wokeness.Grifman wrote: ↑Wed Apr 17, 2024 8:18 amWhat content? Content is very expensive to produce, and to get users to want subscribe and pay for their app, they are going to need a lot of content. No one is going to download and pay for an app until they know what content is available. This is just smoke and mirrors until they have real content to go with their app.LordMortis wrote: ↑Wed Apr 17, 2024 6:10 am DJT to get in to streaming with all that extra revenue
https://www.cnbc.com/2024/04/16/trump-m ... tform.html
In an environment when exactly one streaming content developer is making money.Earlier Tuesday, Trump Media in a press release said it “has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network.”
The company said it will roll out streaming content in three phases, the first of which will introduce Truth Social’s content delivery network for streaming live TV to the app for Android, iOS and web.
Phase two will release stand-alone Truth Social streaming apps for phones, tablets and other devices, while phase three will release such apps for home television, Trump Media said.
“The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly content including films and documentaries; and other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” Trump Media said in its release.
CEO Devin Nunes in a prepared statement said, “We’re excited to move forward with the next big phase for Truth Social.”
“With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery service,” Nunes said. “There is a lot of great content that simply can’t find an audience for unjust reasons, and we want to let these creators know they’ll soon have a guaranteed platform where they won’t be cancelled.”
Given what's at stake I genuinely don't understand why we know *anything* about the jurors at this time. I get that the 24 hour news machine needs information to sell ad time, but is there anyone that can't see that providing enough basic information in the internet age can likely identify each and every one of these people?Fox News host Jesse Watters on Tuesday broadcast extensive biographical details about Juror No. 2 -- her neighborhood, occupation, education, marital and family status, and what industry her fiance works in.
He concluded by saying, "I'm not so sure about Juror No. 2."
He claimed last night that "undercover liberal activists" are trying to get on the jury -- comments Trump promoted.
That juror has now asked to be excused, saying people had asked her if she was a juror.
He might be the most egregious example of trying to identify jurors, but he was far from the only one.LordMortis wrote: ↑Thu Apr 18, 2024 1:52 pm Shouldn't the legal system step up and arrest Watters for Jury tampering?
Yes but the idiotic maga thinking will be something like:LordMortis wrote: ↑Thu Apr 18, 2024 1:52 pm Shouldn't the legal system step up and arrest Watters for Jury tampering?
Edit: The second statement was in over the line taste.
She watches CNN and works in public service indicating she isn’t a grifter. Thats the very definition of liberal who hates trump! As a nurse is she involved in vaccinations or supporting transitioning children? As trump is going to shut all that down can she really be called unbiased?
Clearly a deep state FBI operative planted on the jury by the Biden crime family.
I don't know anything about this site but it states Trump went after her as wellSmoove_B wrote: ↑Thu Apr 18, 2024 2:05 pmHe might be the most egregious example of trying to identify jurors, but he was far from the only one.LordMortis wrote: ↑Thu Apr 18, 2024 1:52 pm Shouldn't the legal system step up and arrest Watters for Jury tampering?
Fines is all he might get for witness intimidation. TFGMerchan scolded the press, most of which was seated in a courthouse overflow room watching the trial via video feed, for sharing so much information about the potential jurors. The judge in March ordered that the jurors’ names be kept secret to preserve their safety in such a polarizing proceeding.
After losing the juror over those very concerns, Merchan told the press not to report anything related to the jurors’ “physical descriptions.”
“We just lost what probably would have been a very good juror in this case,” Merchan said. “The first thing she said was that she was intimidated by the press.”
On Wednesday night Fox News host Jesse Watters spoke about that same juror, telling his audience he was “not so sure” about her ability to be impartial. In a Truth Social post on Wednesday Trump quoted Watters as saying, “They are catching undercover liberal activists lying to the judge in order to get on the Trump jury.”
Prosecutors called it the latest violation of Merchan's gag order.
On Monday, the government moved to sanction Trump for other breaches of his gag order, which bars him from publicly attacking witnesses, jurors and others involved in the case. Since then, Steinglass claims that Trump has violated the order “seven more times.”
“It’s ridiculous,” Steinglass said. “It has to stop.”
Merchan will hold a hearing next week to determine whether Trump violated the order. The former president could face fines and be held in criminal contempt for future violations.
I'm sure Trump will give up his peanut farm when the time comes.Victoria Raverna wrote: ↑Wed Apr 17, 2024 6:14 am Actually if he becomes president, the company can be worth a lot. Other than staying at Trump's hotel to pay Trump, they can also just buy ads or buy the shares. You'll see lobbyists, foreign agents stay at Trump's hotel and also buy ads on Truth Social or just directly buy the shares to put money in Trump's pocket in exchange for something that Trump can do for them as the president.
Why would youto bea juror on this case? Trump knows your name which means Maga and the Trump GoP knows your name.LordMortis wrote: ↑Thu Apr 18, 2024 5:39 pmI don't know anything about this site but it states Trump went after her as wellSmoove_B wrote: ↑Thu Apr 18, 2024 2:05 pmHe might be the most egregious example of trying to identify jurors, but he was far from the only one.LordMortis wrote: ↑Thu Apr 18, 2024 1:52 pm Shouldn't the legal system step up and arrest Watters for Jury tampering?
https://www.courthousenews.com/trumps-h ... r-privacy/
Fines is all he might get for witness intimidation. TFGMerchan scolded the press, most of which was seated in a courthouse overflow room watching the trial via video feed, for sharing so much information about the potential jurors. The judge in March ordered that the jurors’ names be kept secret to preserve their safety in such a polarizing proceeding.
After losing the juror over those very concerns, Merchan told the press not to report anything related to the jurors’ “physical descriptions.”
“We just lost what probably would have been a very good juror in this case,” Merchan said. “The first thing she said was that she was intimidated by the press.”
On Wednesday night Fox News host Jesse Watters spoke about that same juror, telling his audience he was “not so sure” about her ability to be impartial. In a Truth Social post on Wednesday Trump quoted Watters as saying, “They are catching undercover liberal activists lying to the judge in order to get on the Trump jury.”
Prosecutors called it the latest violation of Merchan's gag order.
On Monday, the government moved to sanction Trump for other breaches of his gag order, which bars him from publicly attacking witnesses, jurors and others involved in the case. Since then, Steinglass claims that Trump has violated the order “seven more times.”
“It’s ridiculous,” Steinglass said. “It has to stop.”
Merchan will hold a hearing next week to determine whether Trump violated the order. The former president could face fines and be held in criminal contempt for future violations.
"Do you see how much support I have? Even the protesters think it's a witch hunt. They're even lighting themselves on fire because it's so much of a witch hunt. It's like what they used to do to witches in Winston Salem. Did you know that was actually in North Carolina, Winston Salem is in North Carolina, did you know that? It's also a cigarette..."Carpet_pissr wrote: ↑Fri Apr 19, 2024 2:08 pm Apparently someone set themselves on fire outside the courtroom.
Imagine how Trump’s ego will react to that: ‘but did he die? If he didn’t die, he’s a loser! Why do that kind of thing, if you don’t die to really make the point?! Sucker!"
Wrong case. The fire was at his hush money trial. The financial fraud trial had been over for weeks.Carpet_pissr wrote: ↑Fri Apr 19, 2024 2:08 pm Apparently someone set themselves on fire outside the courtroom.
Imagine how Trump’s ego will react to that: ‘but did he die? If he didn’t die, he’s a loser! Why do that kind of thing, if you don’t die to really make the point?! Sucker!"
Edit: wait, that's not right at all. This person would get high praise from the Great Pumpkin, because it was an act in honor of him.