ST Alpha - "The company was a dumpster fire back in 2022 when it was private and needed an infusion of cash to stay afloat." (Reading a Post)

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In response to "I don't understand. wasn't the company that bought trump media already public? didn't we cover that yesterday? -- nm" by 🏳️‍🌈 mandy chem 🏳️‍🌈

The company was a dumpster fire back in 2022 when it was private and needed an infusion of cash to stay afloat.

Posted by Mop🧹 (aka rburriel) Apr 3 '24, 07:16

When it's latest infusion of cash ran out, it needed more, and going public was one way to do that. The owners of the SPAC either didn't do their due diligence before buying or didn't care or it was all a ploy to save the company at their own expense all along.

Responses:

I fully believe DWAC management colluded with Trump* prior to offering shares of the SPAC knowing full well what they were going to acquire, which is not actually allowed. -- (edited) - znufrii Apr 3, 07:22 1
- Of course they did! Hes the most corrupt person to ever exist in the political sphere. I also believe he was behind LIV golf as well. - Jovian Apr 3, 07:27

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The company was a dumpster fire back in 2022 when it was private and needed an infusion of cash to stay afloat.

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