HBO is a PUBLIC COMPANY (traded in the NY Stock exchange) and is regulated by the SEC under the Sec Act 1933 and Sex Exchange Act 1934. These acts are well known in the financial world.
It means that every YEAR Time Warner (HBO's parent company) has file a 10-k (a report of company's financial statements AUDITED BY INDEPENDENT CPA) and ever QUARTER they must file quarterly statements called 10-Q. SIMILAR reports must be given to SHAREHOLDERS. Needless to say MARK TAFFET (considered an INSIDER) cannot release phony numbers because it could result in an inflated STOCK PRICE. They can be civil and criminally liable for misrepresentation or fraud (includes up to 20 years in prison, fined up to 5 millions dollars, i.e See Martha Stewart)
Bob Arum, Mayweather, GBP are NOT publically traded are not bound by these laws. They can say 1 billion ppv sales and they are not liable monetarily or criminally. Although, people would call BS and it would destroy their credibility.
THATS WHY YOU DONT SEE MARK TAFFET ATTACHING HIS NAME TO ANY MAYWEATHER ORTIZ PPV NUMBERS
IF IT AINT HBO IT AINT OFFICIAL
GINA ROSS KNOWS I SPEAK DA TRUTH
It means that every YEAR Time Warner (HBO's parent company) has file a 10-k (a report of company's financial statements AUDITED BY INDEPENDENT CPA) and ever QUARTER they must file quarterly statements called 10-Q. SIMILAR reports must be given to SHAREHOLDERS. Needless to say MARK TAFFET (considered an INSIDER) cannot release phony numbers because it could result in an inflated STOCK PRICE. They can be civil and criminally liable for misrepresentation or fraud (includes up to 20 years in prison, fined up to 5 millions dollars, i.e See Martha Stewart)
Bob Arum, Mayweather, GBP are NOT publically traded are not bound by these laws. They can say 1 billion ppv sales and they are not liable monetarily or criminally. Although, people would call BS and it would destroy their credibility.
THATS WHY YOU DONT SEE MARK TAFFET ATTACHING HIS NAME TO ANY MAYWEATHER ORTIZ PPV NUMBERS
IF IT AINT HBO IT AINT OFFICIAL
GINA ROSS KNOWS I SPEAK DA TRUTH
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