mixed track record. we haven't found a whole lot of success stories and yet they have, you know, this regulatory clout, a number of deals end up in the cross hairs of s.e.c. investigators as you mentioned. >> is it a problem if trump's company turns out to be fake like those other fake companies associated with this shanghai group that you guys wrote about today? is it -- are there rules about all this money that has been raised by these means for this supposed trump media venture if it never comes to fruition, can they take the money and run? >> so, interesting thing about this deal, it is a merger deal, not a traditional ipo. and that somehow gives them a little bit more latitude to make bold claims they don't necessarily support right away. once the merger goes through and the trump business is publicly listed, they're going to have to pretty soon start sharing their financials, they have to start having audited financial statements, quarterly earnings reports and you have to actually
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