You are correct, I believe that one must learn from their mistakes and strive on to achieve, but if you've had a long line of failures as a business that involves numerous others, as FSNR, don't lead your investors to believe you've achieved success only to find out it was a failure!
As too your response, does that mean that encapsol, Mea, aqueous, and the old petrozene were and are failures?
I could handle the more honest approach from the company much better than the cover it up method!