No. of Recommendations: 3
as expected, all parties have come together this weekend to put disputed shares into escrow so the vote for SPAC completion can happen on 22 march.
if there is no delay and the vote passes, the major fleecing clock begins.
first, the $10/share for the retail SPAC stake will be gone from trust somewhere into company accounts.
next, unrestricted shares from a large (~10%) convertible stake are expected to be dumped by unknown holders within hours of some bureaucratic processing.
as the dispute over dilution continues, the insiders have ~6 months to figure out a way to start selling undisputed shares ASAP.
general consensus is this is the hard part, as there is no legal way to do this.
the Investor Relation arm is unresponsive, and not replying to specific questions clarifying insider terms and timelines.
in summary, if the shares have any value by september, don can dump them pre-election. but dumping anywhere close to ~90% stake itself will drive the price down near $0. its a long way until this is civil fine capable, as trump is competing with hundreds of groups\people far better at this kind of financial play.
DISRUPTIVE EVENT ; musk or other friend-of-MAGA decides to buy the entire business, or a private transaction for trump's stake.
