Pbc getting sued! Fat dan on twitter

Does it not mean that pbc wont be getting anymore invest at all?

 

And do you not think its fishy that the guy who did the pbc deal for waddle and reed got fired and then haymon employed him?

 

Just like Bruce Binko the CFO of GBP whom worked with Richard Shaffer was fired and then hired by TMT. :yep

 

Ya , whatever you think of pbc and haymon as regards him being good for boxing , if you think the way he seems to do business isn't highly suspect your off your rocker

 

His hermit like life style is suspicious.

 

Ive no idea.
I assume that would depend on Haymon and the Investment manager that hes dealing withs ideas of how things are going with the investment.

 

I don't think that itself is weird but combined with a lot of incidents involving him it does look suspect

 

They wont be getting any from waddle and reed and way and with pbc bleeding money it doesn't look good for the future

Looks great for haymon though he will walk away from pbc if it fails with 50 million plus in he's pocket from it

 

Time to dust of old Floyd and get some money coming back into Haymon's coffers. :yep

 

That depends largely on what the initial investment idea was.

Did Waddle and Reed expect to see anything in their first 2 years of investment?
We've no idea of what their event horizon for profitability is.

Waddle and Reed could just as easily double down on their investment now that they're already in it.

The amount we're talking about are not the kind of numbers that would worry a fund like Waddle and Reed.

Seriously, the investment manager could tell his boss "We took a 500m loss on that boxing thing" and he probably wouldn't even be fired.

 

I'm sure Haymon would love that. Soon there wont be any funds left at Waddel and Reed.

 

Why in gods name would waddle and reed double down on their pbc investment when the guy who made the deal was fired and they are being sued by investers for the deal in the first place? That's just silly

He was let go for it already . obc are losing money hand over fist no investor will touch them but i predicted this months ago hay on always intended pbc to fail, he was going to bleed as much money as he could out of pbc and then start on he's own legit promotions company when it goes bust

 

I don't know where he came up with this double down idea

Waddle and reed fired the guy who made the pbc deal, investors are suing them over the deal, but he thinks waddle and reed are just itching to fire another half a million at haymon even though he is burning through money like there is no tomorrow

 

They had one of those food poisoning/e Coli deals a few months ago, that is what caused the decline

 

Double down another 1 billion! When will it end?atsch