Trump’s Truth Social has only 5 million members and is performing badly but could be valued at more than $5 billion

Published March 24, 2024
  • Trump Media’s social media app could be valued at more than $5 billion.
  • Investors in Digital World Acquisition Corp. approved a merger deal with Trump’s company.
  • Despite the potential windfall, Truth Social is facing mounting losses.

Donald Trump’s social media platform is losing money, but it could still be valued at over $5 billion.

Former President Trump’s Truth Social is set to become part of a publicly traded company after a long-delayed merger was approved.

On Friday, a shell company created solely to buy Truth Social’s parent company, Trump Media & Technology Group, approved the merger, The Associated Press reported.

The merger could be worth around $5.7 billion and a timely $3 billion boost for Trump as he faces mounting legal costs and penalties.



RELATED: Experts Say Seizing Trump’s Assets Won’t Be Easy for Letitia James

Published March 24, 2024

The Monday deadline for former President Trump to pay his $464 million bond or risk having his assets seized in the corrupt city of New York ticks.

However, reports admit that it won’t be as easy as New York Attorney General Letitia James just showing up and expecting the former president to hand over the keys to his properties.

According to New York real estate attorneys, the process of taking over an individual’s assets is slow and taxing when the properties are comprised of several different ownership and titles, mortgages, and co-ownership claims.

James’ is subject to run into several different obstacles when acquiring the properties from Trump should he miss the deadline to pay the multi-million dollar bond.

The same problem that Trump says he faces raising a bond against his properties is the same problem that James could find in liquefying his assets to satisfy the punishment brought in after she won a fraud trial against Trump’s real estate empire.

“Bonds people do not like to use the property as collateral because it’s hard to liquify the asset if there’s a default,” said Adam Leitman Bailey, a real estate attorney, “and for the attorney general, this isn’t so easy either. It’s going to be very difficult to seize his properties. It takes a lot of work.”

First off James’s office is likely to send out a letter of garnishment to every bank in New York and the US requiring them to freeze Trump’s bank accounts and to deliver the cash, bonds, or possessions held in security deposit boxes to her office in New York.



RELATED: Trump has hours to cover $454 million judgment or risk property seizure

A flag depicting former U.S. President Trump is placed at Trump Tower in New York City

Published March 25, 2024
NEW YORK, March 25 (Reuters) – Donald Trump faces a Monday deadline to post a bond to cover a $454 million civil fraud judgment or face the risk of New York state seizing some of his marquee properties.
Trump, seeking to regain the presidency this year, must either pay the money out of his own pocket or post a bond while he appeals Justice Arthur Engoron’s Feb. 16 judgment, opens new tab against him for manipulating his net worth and his family real estate company’s property values to dupe lenders and insurers.
On Monday morning, Trump wrote on social media that the number Engoron set was “fraudulent.”
“It should be ZERO, I DID NOTHING WRONG!,” he said.
The Trump campaign on Friday called for donations from “one million pro-Trump patriots,” saying that the “iconic Trump Tower” was among his properties at risk of seizure.
The case cuts to the core of his public image as a prosperous businessman. Trump rose to fame as a developer of flashy properties like Manhattan’s Trump Tower and often boasts of his financial success – even though his companies have at times struggled.



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Cherry May Timbol – Independent Reporter
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Why do CO2 lag behind temperature?

71% of the earth is covered by ocean, water is a 1000 times denser than air and the mass of the oceans are 360 times that of the atmosphere, small temperature changes in the oceans doesn’t only modulate air temperature, but it also affect the CO2 level according to Henry’s Law.

The reason it is called “Law” is because it has been “proven”!

“.. scientific laws describe phenomena that the scientific community has found to be provably true ..”

That means, the graph proves CO2 do not control temperature, that again proves (Man Made) Global Warming, now called “Climate Change” due to lack of … Warming is – again – debunked!