Trump Media’s latest filing reveals Trump’s scheme to radically dilute the shares, which likely means whatever pile of cash people have invested in this has just been lit on fire. Story …meidastouch.com/news/the-bill-…
Imagine standing in front of the shareholders, stammering through an apology: "Ah, well, you see, the thing is… um, your investment might now be worth, oh I don't know, about as much as a cup of tea at a bankrupt tea shop on the outskirts of a forgotten Mongolian plain. Terribly sorry about that, really." Apologies for accidentally swapping a potential Fortune 500 company for a fish & chip shop and why your dividends smell suspiciously of malt vinegar. "Oh, and before you ask—no, we can't eat the shares, although at this point, you might find that more satisfying than looking at your portfolio."