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Rick Glaser - A thread for non-believers to apologise
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Originally posted by Dr Rumack View PostTruly a great man
Originally posted by Hougigo View PostGlaser at it again
Bernard Hopkins unhappy with#GBP as his stock hasn***39;t generated any dividends, which means GBP has never made a profit! That***39;s right! #boxing
— Rick Glaser (@RickGlaser1) June 4, 2014
Originally posted by Hougigo View PostMore
Heard Richard#Schaefer to quote my source is "going to have a life changing" lawsuit filed against him by #Oscar lawyer Bert Fields. #GBP
— Rick Glaser (@RickGlaser1) June 3, 2014
And my Favorite
#ESPN #Fatman Rafael said "Glaser doesn***39;t know what he***39;s talking about" when I broke #Oscar-Schaefer strife! And now, no apology! #FatMoFo
— Rick Glaser (@RickGlaser1) June 3, 2014
Still waiting for the FBI raiding report doe
o where o where are the floyd financial analysts and CEO boxing promotion experts??????
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Rick Glaser is pretty much a modern day Jesus Christ.
He's been so misunderstood and persecuted during his time here with us, but many years from now history will remember him kindly and people everywhere will bow down in worship of him.
#854,000
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Originally posted by Hougigo View PostGlaser at it again
Bernard Hopkins unhappy with#GBP as his stock hasn***39;t generated any dividends, which means GBP has never made a profit! That***39;s right! #boxing
— Rick Glaser (@RickGlaser1) June 4, 2014
You don't force your CEO out and prepare lawsuits against him if your company is healthy and thriving financially. Oscar probably decided to finally look at the books once he sobered up and realized they were hemorrhaging money. He even went so far to go to his main competitor on bended knee. Not the actions of an owner who's company is doing well.
Schaefer was acting on behalf of Haymon and his fighters, throwing Golden Boy money and dates at them and only probably getting a small fee in return instead of the usual promoter's cut (as they were not signed to GB as we now know). He was clearly colluding with Al to gut the company and steal fighters, so he wasn't too concerned about making Golden Boy money.
That's what Arum meant when he said Oscar found out Rich had been 'looting' his company. And the main man Glazer pointed out that red ink was flying all over the place after the Floyd-Maidana flop.
No way that business model is profitable.
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No dividends does not have to mean no profit, it just means no excess profit beyond what is used to grow the business further. So if GBP is reinvesting what it makes in the company no dividends would come.Last edited by The Gambler1981; 06-04-2014, 11:17 AM.
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