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Donald Trump to Receive $1.25 Billion Worth of Trump Media Stock in DJT Earnout Bonus

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Former President Donald Trump stands to receive a significant boost in his stock holdings with the expected allocation of 36 million additional shares of Trump Media, the parent company of Truth Social app, worth over $1.25 billion at the current market value. The shares, constituting an “earnout” bonus, are contingent upon the stock price hitting a benchmark minimum of $17.50 per share by the end of Tuesday’s trading session.

As of midday Monday, Trump Media’s shares were trading around $35 per share, indicating a substantial increase from their debut price in March. Despite experiencing a downturn since then, the current price remains double the required benchmark for Trump to become eligible for the bonus shares.

Trump Media, which began public trading under the DJT ticker in March, faced initial volatility, reaching a high market capitalization of over $9 billion before witnessing a significant decline in share value. Although the stock price saw a recent uptick, it still lags approximately 50% below its debut price, reflecting substantial market volatility.

The issuance of earnout shares to Trump, added to his existing stake in the company, would value his total holdings in Trump Media at over $4 billion on paper, based on the current share price. However, any shares owned by Trump are subject to a lock-up provision, preventing their sale for six months following the merger’s closure.

While the influx of additional shares to Trump could potentially impact Trump Media’s share price, the company maintains a strong financial position with over $200 million in cash reserves and no debt. Despite ongoing legal proceedings involving Trump, the company asserts its commitment to fulfilling obligations related to the merger and advancing its business agenda.

The broader implications of Trump’s increased stock ownership in Trump Media remain uncertain, particularly amidst market fluctuations and ongoing legal challenges. However, the company’s resilience and financial stability suggest a continued focus on executing its business strategy despite external pressures.

SOURCE: CNBC NEWS

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Trump Says He Has ‘No Choice’ But to Conduct Mass Deportations of Illegal Migrants

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Former US President Donald Trump said on Monday that he would have “no choice” but to conduct mass deportations of illegal migrants from the United States once he is back in the White House.

I have no choice, I have no choice,” Trump said on the Dan O’Donnell show. No country can sustain what this man [US President Joe Biden] has done. He is the worst president in our history.”

According to Trump, his administration will start mass deportations with “the bad ones” whose names the local police know, facilitating their ejection from the United States

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Democrat President Biden and his Republican predecessor Trump are facing a rematch in the November presidential election after Biden’s 2020 win.

The US is home to 13.7 million illegal immigrants and 51.4 million immigrants in total, an uptick of 6.4 million within three years since Biden became president, according to the Center for Immigration Studies. The US currently boasts the highest immigrant-to-population ratio ever recorded, at 15.5 percent, a 2-percentage-point rise since 2020, surpassing the 14.8 percent recorded in 1890.

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2024 Race

Supreme Court Set to Rule on Trump’s Eligibility to Hold Office Monday

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The Supreme Court has made an announcement Sunday signaling its intention to issue at least one decision on Monday, indicating a likely ruling on former President Donald J. Trump’s eligibility for Colorado’s primary ballot.

The announcement specified that Monday’s opinion or opinions would be made available online starting at 10 a.m., clarifying that the court would not convene in session, a departure from its usual practice of announcing decisions from the bench.

The court’s decision to expedite its actions may have been influenced by the electoral calendar, particularly the looming Super Tuesday primaries this week, including Colorado, as urged by the Colorado Republican Party in its plea for the justices to intervene.

The anticipated ruling is expected to address not only Mr. Trump’s eligibility for the Colorado primary ballot but also his eligibility to run in the general election, with potential implications for other states where his eligibility has been challenged.

This marks a significant instance of the Supreme Court assuming a direct role in a presidential contest since the landmark 2000 decision in Bush v. Gore, which determined the presidency.

In December, the Colorado Supreme Court ruled Mr. Trump ineligible under Section 3 of the 14th Amendment, which prohibits individuals who engaged in insurrection from holding office.

Following Mr. Trump’s appeal to the U.S. Supreme Court on Jan. 3, the justices moved swiftly to address the matter, granting review just two days after the filing and scheduling arguments approximately a month later.

Based on the questioning during oral arguments, Mr. Trump appears likely to prevail in the case.

The court is also deliberating another case involving Mr. Trump, regarding his immunity from prosecution for allegedly plotting to overturn the 2020 election results. This case has progressed more slowly, with arguments scheduled for late April.

If the court issues its decision in the Colorado case on Monday, it will have done so within a month of hearing arguments. If it maintains a similar pace for the immunity case, a decision could be expected in late May, potentially leading to pretrial proceedings and a trial later in the year if Mr. Trump loses.

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Censorship

BOMBSHELL: New documents reveal that CISA tried censoring pro-Trump tweets in attempt to hide potential election fraud

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Today, America First Legal (AFL) released documents obtained from litigation against the Cybersecurity and Infrastructure Security Agency (CISA), revealing CISA flagged text messages supporting President Donald J. Trump for potential censorship. 

Documents previously obtained by AFL reveal that CISA was actively working to censor narratives about mail-in voting risks as “disinformation” ahead of the 2020 election. These new documents released today reveal that even after the election took place, CISA continued to be more concerned with securing Director Krebs’s narrative that this was “the most secure in American history,” rather than investigating whether the election was actually secure.

CISA Flagging Pro-Trump Political Text Messages

On November 9, 2020, the day after the 2020 election, Brian Scully, a member of the “DHS Countering Foreign Interference Task Force” of CISA, sent an email with the subject “Text Msgs.” The email contained screenshots of fundraising texts for President Trump and the #StopTheSteal effort.

In his email, Scully noted, “A text message I just received. Fundraising around stop the steal.” 

A colleague at CISA replied “What’s your thoughts on how to handle? Or just for FYSA?” This email suggests that CISA was looking for every opportunity to take action to potentially censor conservative pro-Trump speech. 

Scully replied, “I think FYSA. Not sure we can do anything with something I get on my own.”

CISA’s Post-election “Disinformation Sitrep”

After election day, CISA continued to collect mis- and dis-information reports through “official channels” and “3rd Party fact checkers.” Despite CISA’s understanding that the 2020 election actually presented more risks due to the widespread adoption of mail-in voting, CISA officials automatically assumed all reported suspicions of fraud to be part of a “False Narrative” that required “counter-messaging.”

VIEW DOCUMENTS REVEALED BELOW:

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