InvestorsHub Logo
Followers 31
Posts 3557
Boards Moderated 0
Alias Born 07/28/2007

Re: NewMoney post# 209808

Sunday, 01/06/2013 4:36:25 PM

Sunday, January 06, 2013 4:36:25 PM

Post# of 312015
How does a "standard boilerplate disclaimer" apply here? The PR implies that the leaked document is true, in which case they are forecasting an EBITDA that is huge. This is material, so a disclaimer does not apply. It is either true, or it is not. Disclaimers apply to known unknowns. That is a Risk Management term, but it is applicable. Forward-looking analysis can always be wrong, even in Financial Statements. But, this is over an analysis that supposedly took place. It is either true, or it is not. There is nothing standard about it.

If it turns out that that leaked report is not authentic, then they have misprepresented again. Their only out is if they were actually referring to some other leak. Either way they would have to explain themselves.

Best of the Season from the Band...