TRUTH SOCIAL #PRAVDASOCIAL & Trump Media & Technology Group (TMTG) NASDAQ:DJT - SPAC Digital World Acquisition Corp
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
“Google hits back at claims by Truth Social's CEO, saying it's waiting on Trump's new app to demonstrate 'effective' content moderation before it's allowed in the Play Store”:
https://www.businessinsider.com/google- ... lay-2022-8
“Google isn't allowing Donald Trump's new social media app, Truth Social, into the App Store until it fixes key issues around content moderation, Axios first reported.
The news contrasts with what the CEO of Truth Social, Devin Nunes, told Real America's Voice last week, about its debut for Android being "up to Google."
Google told Insider that the decision actually hinges on Truth Social making the necessary changes before the company can give it the green light.”
https://www.businessinsider.com/google- ... lay-2022-8
“Google isn't allowing Donald Trump's new social media app, Truth Social, into the App Store until it fixes key issues around content moderation, Axios first reported.
The news contrasts with what the CEO of Truth Social, Devin Nunes, told Real America's Voice last week, about its debut for Android being "up to Google."
Google told Insider that the decision actually hinges on Truth Social making the necessary changes before the company can give it the green light.”
If you can't lie to yourself, who can you lie to?
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
I'm sure glad I was sitting down when that post revealed Devin Nunes was lying. Wow.
Asked Apple and Tim Cook to re-review #PravdaSocial (imagine they'll get right to it)
Apple had better hope the 699th does not need to get involved in this.
Asked Apple and Tim Cook to re-review #PravdaSocial (imagine they'll get right to it)
![Razz :P](./images/smilies/icon_razz.gif)
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Detaiils, details.... matterUninformed wrote: ↑Tue Aug 30, 2022 2:46 pm “Google hits back at claims by Truth Social's CEO, saying it's waiting on Trump's new app to demonstrate 'effective' content moderation before it's allowed in the Play Store”:
https://www.businessinsider.com/google- ... lay-2022-8
“Google isn't allowing Donald Trump's new social media app, Truth Social, into the App Store until it fixes key issues around content moderation, Axios first reported.
The news contrasts with what the CEO of Truth Social, Devin Nunes, told Real America's Voice last week, about its debut for Android being "up to Google."
Google told Insider that the decision actually hinges on Truth Social making the necessary changes before the company can give it the green light.”
Google is not allowing the next release into the App Store. The current app version remains. The Truth Social app will probably offer new features, apart from the usual fixes. Google is pressuring the company to also make changes to their procedures before allowing more updates.
A Reuters article mentions that the truthful company has hired a third party to marshal contents. Their software is still lacking finnesse. Also too they are still in the act of hiring humans who need to review the rejects.
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Playing devil's advocate here, isn't it kind of good to have a place the FBI can monitor so they don't have to chase them down all over the internet?
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
“A know-it-all is a person who knows everything except for how annoying he is.”
— Demetri Martin
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Trump’s Truth Social Trademark Application Declined
The U.S. Patent and Trademark Office said the name was too similar to that of other companies.
By Dana E. Neuts
August 31, 2022
Former president Donald Trump’s social media platform Truth Social is in the news again. The U.S. Patent and Trademark Office declined to approve trademark status for Truth Social because the name was “confusingly similar” to that of other companies, reports Insider. Among similarly named companies are VERO – True Social, another social media platform, and the Truth Network, a Christian talk radio network.
“Because the marks are similar and the goods and services are related, there is a likelihood of confusion as to the source of applicant’s goods and services, and registration is refused pursuant to Section 2(d) of the Trademark Act,” the filing said.
Trump Media & Technology Group has until February 2023 to respond to the patent and trademark office’s ruling, Insider says.
https://www.subscriptioninsider.com/typ ... n-declined
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
The story by Anderson was from July 7th. Looks like it was behind a paywall so here it is...
Exclusive: Trump left Sarasota media company weeks before federal subpoenas were issued
Chris Anderson
Sarasota Herald-Tribune
Donald Trump removed himself from the board of his Sarasota-based social media company, records show, just weeks before the company was issued federal subpoenas by both the Securities and Exchange Commission and a grand jury in Manhattan. Trump, the chairman of Trump Media and Technology Group, was one of six board members removed on June 8, state business records show. Among the board members removed were Kashyap Patel, Trump's former point man in the White House; Scott Glabe, a former assistant to Trump who was counsel for the media company; and Donald Trump, Jr.
The SEC served Trump Media and Technology Group with a subpoena on June 27, according to a regulatory filing. Trump's media company owns Truth Social, an app similar to Twitter. Trump was banned by Twitter for inflammatory remarks concerning the insurrection. Four days later, on July 1, a grand jury in the Southern District of New York handed the company another federal subpoena, an action that typically means a potential criminal investigation is in progress. The investigations appear to be related to a proposed merger between Trump's media company and a blank-check company called Digital World Acquisitions Corp., according to a recent regulatory filing.
Lt Root Beer of the Mighty 699th. Fogbow
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
“If everyone fought for their own convictions there would be no war.” ― Leo Tolstoy, War and Peace
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
https://www.thedailybeast.com/donald-tr ... eport-says
Still reading but sounds interesting.
Here's the orig link. The DB link transfers over to this one.
https://www.reuters.com/markets/deals/e ... 022-09-06/
Here's a 'graph from the Reuters article:
Trump’s Truth Social Merger Under Threat After SPAC Extension Fails: Report
Still reading but sounds interesting.
Here's the orig link. The DB link transfers over to this one.
https://www.reuters.com/markets/deals/e ... 022-09-06/
Here's a 'graph from the Reuters article:
One option being considered by Digital World is to postpone the vote deadline in a final bid to boost more shareholder support, the sources said. Without further action, the SPAC is set to liquidate on Thursday and return the money it raised in its September 2021 initial public offering.
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Reuters wrote:Were Digital World to fail in its bid to get its shareholders to back the one-year extension, its management has the right to extend its life without shareholder approval by up to six months. It is unclear whether Digital World will pursue this option and if it would provide enough time for regulators to reach a conclusion on whether to allow the deal to proceed.
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
When asked about these stories, Devin Nunes replied that it was all a big steaming pilot of cow
The cow, on the advice of counsel, had no comment.
![Shit :shit:](./images/smilies/shiznit.gif)
The cow, on the advice of counsel, had no comment.
But the sunshine aye shall light the sky,
As round and round we run;
And the truth shall ever come uppermost,
And justice shall be done.
- Charles Mackay, "Eternal Justice"
As round and round we run;
And the truth shall ever come uppermost,
And justice shall be done.
- Charles Mackay, "Eternal Justice"
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
I repeat my post of 8/11.
Given the latest goings on with tRump, e.g., possibly documents involving nuclear secrets, I suspect that the DWAC investors are not going to agree to an extension of the date by which DWAC has to find a deal and are going to want their money back. If so, there goes the multi-hundred million dollar payday for the great orange shitgibbon. That makes me so sad.
Given the latest goings on with tRump, e.g., possibly documents involving nuclear secrets, I suspect that the DWAC investors are not going to agree to an extension of the date by which DWAC has to find a deal and are going to want their money back. If so, there goes the multi-hundred million dollar payday for the great orange shitgibbon. That makes me so sad.
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
A bit concerned, JPC put all his money in this sure-fire winner
Stock price: DWAC (NASDAQ) $22.13 -2.86 (-11.44%)
Sep 6, 4:00 PM EDT - Disclaimer
If the dotard is so rich, why is the hosting company stiffed over a million dollars?
![Laughing :lol:](./images/smilies/icon_lol.gif)
Stock price: DWAC (NASDAQ) $22.13 -2.86 (-11.44%)
Sep 6, 4:00 PM EDT - Disclaimer
https://www.reuters.com/markets/deals/t ... 022-09-06/Trump media deal suffers blow as SPAC fails to win extension
By Echo Wang and Helen Coster
Sept 6 (Reuters) - The blank-check acquisition firm that agreed to merge with former U.S. President Donald Trump's social media company failed on Tuesday to secure enough shareholder support for a one-year extension to complete the deal. At stake is a $1.3 billion cash infusion that Trump Media & Technology Group (TMTG), which operates the Truth Social app, stands to receive from Digital World Acquisition Corp (DWAC.O), the special purpose acquisition company (SPAC) that inked a deal in October to take TMTG public. The transaction has been on ice amid civil and criminal probes into the circumstances around the deal. Digital World had been hoping that the U.S. Securities and Exchange Commission (SEC), which is reviewing its disclosures on the deal, would have given its blessing by now.
Digital World Chief Executive Patrick Orlando told a special meeting of his shareholders on Tuesday he would push back to noon on Thursday the deadline for the vote on extending the life of the SPAC by 12 months. Digital World needs 65% of its shareholders to vote in favor of the proposal, but the support as of late Monday fell far short, Reuters reported. Digital World did not disclose the margin on Tuesday. read more Digital World shares ended trading in New York on Tuesday down 11.4% at $22.13. Digital World is set to liquidate on Thursday and return the money raised in its September 2021 initial public offering to shareholders unless action is taken. Digital World shareholders had been given more than two weeks to vote on the SPAC's extension and it is unclear if two additional days will make a difference. Most Digital World shareholders are individuals and getting them to vote through their brokers has been challenging, Orlando said last week. Digital World said in a statement that if its shareholders do not approve the one-year extension on Thursday, its management plans to exercise its right to extend the life of the SPAC by three months unilaterally. The SPAC managers will lend $2.875 million to the SPAC as part of the arrangement, Digital World said.
The SPAC managers have the right to unilaterally extend the life of the SPAC one more time, till March. It is unclear whether this would provide enough time for regulators to reach a conclusion on whether to allow the deal to proceed. A TMTG spokesperson said the company will continue cooperating with all stakeholders on the merger and that it hoped "the SEC staff will expeditiously conclude its review free from political interference." An SEC spokesperson did not immediately respond to a request for comment. Trump appeared to manage expectations for the deal with a post over the weekend on Truth Social: "I don't need financing, 'I'm really rich!' Private company anyone???" Digital World has disclosed that the SEC, the Financial Industry Regulatory Authority and federal prosecutors have been investigating the deal with TMTG, though the exact scope of the probes is unclear. The information sought by regulators includes Digital World documents on due diligence of potential targets other than TMTG, relationships between Digital World and other entities, meetings of Digital World's board, policies and procedures relating to trading, and the identities of certain investors, Digital World has said.
If the deal is completed, TMTG would receive $293 million that Digital World has on hand plus $1 billion committed from a group of investors in the form of a private investment in public equity (PIPE). The PIPE is scheduled to expire on Sept. 20 unless the deal is completed. Investment bankers for Digital World have been reaching out to investors in the last few weeks to gauge their interest in extending the PIPE, a person familiar with the matter said. It is unclear how TMTG is getting by without access to Digital World's funding. It raised $22.6 million through convertible promissory notes last year and another $15.4 million through bridge financing in the first quarter. The agreement with Digital World caps the indebtedness that TMTG can assume prior to the deal closing at $50 million. Digital World has said it believes TMTG will have "sufficient funds" until April 2023. TMTG said last week that Truth Social is "on strong financial footing" and would begin running advertisements soon. Trump started using Truth Social in April, two months after it launched on Apple Inc's (AAPL.O) app store. He has more than 4 million followers - a fraction of the 89 million he had on Twitter Inc (TWTR.N) before he was banned over his role in the January 2021 U.S. Capitol riots by thousands of his supporters.
If the dotard is so rich, why is the hosting company stiffed over a million dollars?
Lt Root Beer of the Mighty 699th. Fogbow
s titular Mama June in Fogbow's Favourite Show™ Mama June: From Not To Hot! Fogbow's Theme Song™ Edith Massey's "I Got The Evidence!" https://www.youtube.com/watch?v=C5jDHZd0JAg
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Re: TRUTH SOCIAL #PRAVDASOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Why did they have to abandon their headquarters lease?
Re: TRUTH SOCIAL #PRAVDASOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Note that he put single quotes around 'Im really rich'. Meaning he is quoting someone else saying "Im really rich."Trump appeared to manage expectations for the deal with a post over the weekend on Truth Social: "I don't need financing, 'I'm really rich!' Private company anyone???"
So he is legally covering himself with that or he is saying "I'm not lying. Everyone who sees it will understand I'm not actually saying I'm really rich unless they are losers." Or for some other reason he is trying not to actually say he is really rich while making people think he is saying he is really rich.
There's limits to how I can probe that demented mind and how it tries to avoid being vulnerable to blame or say something he can be called out on.
Hic sunt dracones
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Re: TRUTH SOCIAL #PRAVDASOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
tfg may be rich, but he's not "pump the $1.3B he's losing access to" into Truth Social rich. That's beyond his level of wealth.
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Re: TRUTH SOCIAL #PRAVDASOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
I seriously doubt trump pays that much attention to the minutia of punctuation, and that it would be highly improbable if not nearly impossible for him to deploy special punctuation symbols to try and manipulate what he does or doesn't mean. Far more likely, IMO, is that he's just using the single quote marks to emphasize the statement that he's really rich to ensure everyone notices it, much like many of use will use asterisks around a word or phrase to *make them stand out*.
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
he's 'rich' because he doesn't pay anyone for their work.orlylicious wrote: ↑Wed Sep 07, 2022 5:10 am A bit concerned, JPC put all his money in this sure-fire winner![]()
Stock price: DWAC (NASDAQ) $22.13 -2.86 (-11.44%)
Sep 6, 4:00 PM EDT - Disclaimer
https://www.reuters.com/markets/deals/t ... 022-09-06/Trump media deal suffers blow as SPAC fails to win extension
By Echo Wang and Helen Coster
Sept 6 (Reuters) - The blank-check acquisition firm that agreed to merge with former U.S. President Donald Trump's social media company failed on Tuesday to secure enough shareholder support for a one-year extension to complete the deal. At stake is a $1.3 billion cash infusion that Trump Media & Technology Group (TMTG), which operates the Truth Social app, stands to receive from Digital World Acquisition Corp (DWAC.O), the special purpose acquisition company (SPAC) that inked a deal in October to take TMTG public. The transaction has been on ice amid civil and criminal probes into the circumstances around the deal. Digital World had been hoping that the U.S. Securities and Exchange Commission (SEC), which is reviewing its disclosures on the deal, would have given its blessing by now.
Digital World Chief Executive Patrick Orlando told a special meeting of his shareholders on Tuesday he would push back to noon on Thursday the deadline for the vote on extending the life of the SPAC by 12 months. Digital World needs 65% of its shareholders to vote in favor of the proposal, but the support as of late Monday fell far short, Reuters reported. Digital World did not disclose the margin on Tuesday. read more Digital World shares ended trading in New York on Tuesday down 11.4% at $22.13. Digital World is set to liquidate on Thursday and return the money raised in its September 2021 initial public offering to shareholders unless action is taken. Digital World shareholders had been given more than two weeks to vote on the SPAC's extension and it is unclear if two additional days will make a difference. Most Digital World shareholders are individuals and getting them to vote through their brokers has been challenging, Orlando said last week. Digital World said in a statement that if its shareholders do not approve the one-year extension on Thursday, its management plans to exercise its right to extend the life of the SPAC by three months unilaterally. The SPAC managers will lend $2.875 million to the SPAC as part of the arrangement, Digital World said.
The SPAC managers have the right to unilaterally extend the life of the SPAC one more time, till March. It is unclear whether this would provide enough time for regulators to reach a conclusion on whether to allow the deal to proceed. A TMTG spokesperson said the company will continue cooperating with all stakeholders on the merger and that it hoped "the SEC staff will expeditiously conclude its review free from political interference." An SEC spokesperson did not immediately respond to a request for comment. Trump appeared to manage expectations for the deal with a post over the weekend on Truth Social: "I don't need financing, 'I'm really rich!' Private company anyone???" Digital World has disclosed that the SEC, the Financial Industry Regulatory Authority and federal prosecutors have been investigating the deal with TMTG, though the exact scope of the probes is unclear. The information sought by regulators includes Digital World documents on due diligence of potential targets other than TMTG, relationships between Digital World and other entities, meetings of Digital World's board, policies and procedures relating to trading, and the identities of certain investors, Digital World has said.
If the deal is completed, TMTG would receive $293 million that Digital World has on hand plus $1 billion committed from a group of investors in the form of a private investment in public equity (PIPE). The PIPE is scheduled to expire on Sept. 20 unless the deal is completed. Investment bankers for Digital World have been reaching out to investors in the last few weeks to gauge their interest in extending the PIPE, a person familiar with the matter said. It is unclear how TMTG is getting by without access to Digital World's funding. It raised $22.6 million through convertible promissory notes last year and another $15.4 million through bridge financing in the first quarter. The agreement with Digital World caps the indebtedness that TMTG can assume prior to the deal closing at $50 million. Digital World has said it believes TMTG will have "sufficient funds" until April 2023. TMTG said last week that Truth Social is "on strong financial footing" and would begin running advertisements soon. Trump started using Truth Social in April, two months after it launched on Apple Inc's (AAPL.O) app store. He has more than 4 million followers - a fraction of the 89 million he had on Twitter Inc (TWTR.N) before he was banned over his role in the January 2021 U.S. Capitol riots by thousands of his supporters.
If the dotard is so rich, why is the hosting company stiffed over a million dollars?
castigat ridendo mores.
VELOCIUS QUAM ASPARAGI COQUANTUR
VELOCIUS QUAM ASPARAGI COQUANTUR
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Re: PRAVDA (TRUTH) SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
I hocked the superyacht and the Gulfstream to buy up all I could on margin. Oopsie!orlylicious wrote: ↑Wed Sep 07, 2022 5:10 am A bit concerned, JPC put all his money in this sure-fire winner![]()
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Re: TRUTH SOCIAL #PRAVDASOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
I disagree to the extent he uses scare quotes frequently and with intent. It's a marker of his lies, among other things.Kriselda Gray wrote: ↑Wed Sep 07, 2022 3:54 pm I seriously doubt trump pays that much attention to the minutia of punctuation, and that it would be highly improbable if not nearly impossible for him to deploy special punctuation symbols to try and manipulate what he does or doesn't mean.
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Re: TRUTH SOCIAL #PRAVDASOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Crazy people on Truth Social.
Yes, perfect. Die on your feet, THEN live on your knees.“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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Re: TRUTH SOCIAL #PRAVDASOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
I guess Google Play Store will not be available for their app for some time until they clean up their supervision act. Wait for the howling about censure and cancelling ![Laughing :lol:](./images/smilies/icon_lol.gif)
PS. I still wonder why this type of Americans think it's the duty of the military to overthrow the government. Did they see to many tv news clips of foreign governments getting thrown out (much with asstistance by the CIA), but then miss the tiny detail, power never goes to Weeny People but the military dictates what happens next. And no, they don't like militias roaming the streets.![Black Eye :blackeye:](./images/smilies/blackeye.gif)
Insert Monty Python clip of the Black Knight "we are winning"![Twisted Evil :twisted:](./images/smilies/icon_twisted.gif)
![Laughing :lol:](./images/smilies/icon_lol.gif)
PS. I still wonder why this type of Americans think it's the duty of the military to overthrow the government. Did they see to many tv news clips of foreign governments getting thrown out (much with asstistance by the CIA), but then miss the tiny detail, power never goes to Weeny People but the military dictates what happens next. And no, they don't like militias roaming the streets.
![Black Eye :blackeye:](./images/smilies/blackeye.gif)
Insert Monty Python clip of the Black Knight "we are winning"
![Twisted Evil :twisted:](./images/smilies/icon_twisted.gif)