Could Trump pay his half Billion dollar judgement from a Truth Social deal?

NY Times out with a piece that seems farfetched and desperate to me….

Trump is  working on a stalled merger deal  to money-up with his TrumpSocial Media Co and a PUBLICLY traded shell company…..

The deal is ‘supposed’ to be worth up to $4 Billion….
The piece says Trump could take his 1/2 Billion from the deal?

Ok?
There would seem to be some common sense issues with to me….

First?
If Trump thinks the deal is worth $4B?
It ain’t…..

Second? 
We’re talking about a publicly traded company?
That would be OK if Trump pulled 1/8th of the company’s value out on the signing date?

Third?…

ANYTHING Trump does right now is under the preview of a NYS appointed financial overseer , who COULD ask questions….
That is sure to spook any outsiders from something like this?

Fourth?

Some of the guys in this shell company are going on criminal trial for insider moves….

Fifth?

The first publicly traded company Mr. Trump was associated with — Trump Hotels and Casino Resorts — also traded under DJT. ..It filed for bankruptcy in 2004.

Last?

This hitting the media is gonna make some people think REAL HARD about doing ‘the Deal’….

 

Former President Donald J. Trump’s stake in Trump Media & Technology Group, his social media company, could be worth as much as $4 billion once a long-delayed merger closes.

The deal, with Digital World Acquisition Corporation — a publicly traded shell company — could provide him with a potential financial lifeline at a time when he must come up with the cash to pay a $454 million penalty after a New York judge’s ruling in a civil fraud case.

Digital World has scheduled a March 22 shareholder vote on the merger with Trump Media, whose flagship product, Truth Social, has become the social media platform of choice for Mr. Trump to attack his critics and political opponents.

But even if the deal closes, Mr. Trump will need to get a waiver from a lockup provision that restricts major stockholders from selling shares for at least six months. Trump Media did not respond to a request for comment…..

More…

Note…

I forgot the question of taxes on all the above…..