According to his agreement with the company (I know, I know…), he can’t cash out any of his shares in the Pravda Social SPAC for six months. He’ll try to use them as collateral for loans, but since the share price will plummet like a penny off the Empire State Building in the next couple of weeks a severe discount on their value will no doubt be involved.
Right now the value is being boosted, partly as a Gamestop-like joke meme stock and partly as a souvenir for MAGAts, with speculators riding along. That won’t last, and the fundamentals obviously suck.
