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Newsmax going "Public!"

Fx51LP308

Old Salt
Full Member
Minuteman
  • Apr 8, 2021
    2,989
    4,469
    Tampa Bay, FL
    Just seeing on their live broadcast (while waiting for the Trump rally in Las Vegas) that Newsmax will announce tomorrow that they are making a "public offering" of preferred stock. Don't know all the details surrounding the offer, but they are certainly advertising it. Well, officially, tomorrow, but they leaked it today on-line.

    I'll be honest. I'm a little worried. I could see Soros and some of his buddies trying to buy up all the shares so they can kill the company later on. I truly hope Newsmax is careful about to whom they sell. Or structure it with all kinds of "poison pills" to prevent that kind of takeover.

    Tread carefully, Newsmax!
     
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    Our internal enemies will try to do to Newsmax what they're allegedly doing to Truth Social's stock value. Dems & RINOs are traitors.
     
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    Reactions: UKDslayer

    Apparently, it's not "completely" public. The offer is extended only to "Accredited Investors." Hopefully, Soros and crew are not. $5000.00 for one preferred share.
    An accredited invester is some worth over a million or $200k in annual income

    Soros drops more than that from his pockets every day