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The SPAC is not worthless, but it is a "shell" company

Posted on: March 23, 2024 at 23:38:32 CT

Mormad MU

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M.O.B. Votes:

which folks have contributed funds to. That shell then looks or a company to buy - usually a company that can't garner enough investor interest or wants to save costs/time going through the traditional IPO process.

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MESSAGE THREAD

Are you cads getting in on the Truth Social IPO? - Ace AU - 3/23 16:47:26

Hoping to get in on the Biden Family scams - mu7176grad MU - 3/23 20:40:50

Truth Social IPO? - Spanky KU - 3/23 16:59:10

It never does(nm) - DollarSigns MU - 3/23 20:56:29

It's a SPAC - Mormad MU - 3/23 17:15:52

The SPAC has been public for several years (Sep 2021) - Spanky KU - 3/23 17:54:02

The SPAC is acquiring his private company - Mormad MU - 3/23 23:33:36

Yep. A public company is merging/acquiring Truth Social. - Spanky KU - 3/24 06:09:49

$5.7B market cap on $3.4M revenue - Ferg MU - 3/23 17:52:54

this has you riled up, if it's 3.4M revenue, how many - 90Tiger STL - 3/23 19:58:41

Actually its 5.7 B market cap on 49 million in losses - JG A - 3/23 18:11:47

That’s very expensive snake oil - MrTruman2U MU - 3/23 18:40:42

How does that compare to Twitter 2014-2020? - Spanky KU - 3/23 18:37:06

Twitter had $1.4B revenue in 2014 - Ferg MU - 3/23 19:01:54

And lost $577.8 million(nm) - Spanky KU - 3/23 19:41:53

As I laid out earlier, this particular one is - JG A - 3/23 17:31:27

where is the actual scam? where is the lie, fraud, ? (nm) - 90Tiger STL - 3/23 20:11:40

I guess if I have to explain that the merger - JG A - 3/23 20:29:58

The SPAC is not worthless, but it is a "shell" company - Mormad MU - 3/23 23:38:32

I don't think you understand how a SPAC works (nm) - ashtray UF - 3/23 23:28:18

If you know all this, everyone can, and it's no secret, JG (nm) - 90Tiger STL - 3/23 20:38:32

LOl at your dupes - JG A - 3/23 20:43:27

so you don't have an answer, got it. JG, it's not a "scam", - 90Tiger STL - 3/23 20:53:03

I can only lead you to truth and intelligence - JG A - 3/23 23:23:28

RE: I can only lead you to truth and intelligence - 90Tiger STL - 3/24 10:46:26

It has been publicly traded since 2021 - Spanky KU - 3/23 17:54:58

You paid 10k to have aliens zapped out of your head - Ragnar Danneskjold MU

- 3/23 17:35:14

I can credit 5 lies - JG A - 3/23 18:12:26

So, you paid 2K a lie to the scientology cult? - RHAYWORTH MU - 3/23 18:57:43

Naw truth busted you out on that lie boy(nm) - Ragnar Danneskjold MU

- 3/23 18:42:24

LOL as if(nm) - JG A - 3/23 19:35:21

So you say you never had that done, then say it's not a - MIZ45 MU - 3/23 18:34:07

Lol (nm) - MIZ45 MU - 3/23 17:35:44