loy310 said:
TheRealSamusAran said:
Unfortunately, claiming that your piece of plastic sold a bazillion on a website 10 years after you stopped selling your piece of plastic doesn't fall into any of those, because investors today don't care about how much your decades old piece of plastic sold. Claiming that it sold a bazillion back when it allegedly happened, though, would be a crime if it was a lie. Funny that Sony didn't say a thing when it allegedly happened. Atari could post on Twitter today that they sold 200m whatever-console, no investor would sue them saying they were mislead into investing on them. |
Ofc it hurts the company if they lying. I mean by your logic why did Sony stop at 160m when they could have just come out and say we sold 180 million? If there is no consequences 10 years later, why stop at 160m? |
Because they want people to believe.
It will only hurt them, —from a PR standpoint, if we can actually verify the information to catch their lie.
Chances of investors seeking legal action for that today, though, are zero.