Trump’s New Company Is Planning For His Possible Conviction (Or Presidential Run)

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Inside Trump's new company -- and what it will do if he gets convicted

released last week really only features one person, Donald Trump, but it comes with a strange “personnel disclosure” on the final page. “Please do not rely on any personnel listed in the deck,” the fine print says. “Some personnel may or may not be in a consulting phase subject to a contractual employment agreement; there is no guarantee whatsoever that such employment agreement will be finalized.

Passages from a merger agreement submitted to the Securities and Exchange Commission make clear that Donald Trump's newest venture is planning for his unpredictable future.with the Securities and Exchange Commission, the SPAC helping Trump’s business go public said it would file another document explaining the names and interests of the directors and officers behind the Trump Media and Technology Group.

Helming a public company could be challenging for the former president, given all the rules that come with it. Trump previously led such a business, Trump Hotels and Casino Resorts. Shareholders sued after he used the publicly traded company to buy a casino he personally owned at a suspiciously high valuation. Trump fought the allegations for a half decade, then settled around 2002 without admitting wrongdoing.

“If Trump is really an officer or director of this company, as opposed to a licensor of his name or something like that, I expect he will be on the wrong end of a securities-fraud suit before long,” says Michael Klausner, a business and law professor at Stanford. “I can’t imagine him being any more truthful about his business than he is about anything else. Especially when it comes to size—the company, his following on the platform, crowds or other size-related facts—he just makes it up.

 

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Trump’s New Company Is Planning For His Possible Conviction (Or Presidential Run)The former president might become a convicted felon—or a 2024 candidate. His new business is preparing for both possibilities. Who care ? He got his own plane ✈️ and everything hotel, golf course. I don’t want to be President as long as I have all my toys. That's going to be like Lord of the ring 3 It seems to me that Trump has a good chance of becoming the new president in the face of Biden's weak policies
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