based on STS' current and pro forma revenues,earnings growth rates, relative P/E and its ability to generate government contracts in the next three years This is an incredible opportunity for us to acquire an asset for a great price.
If he said "it is worth 80-100 million dollars at this moment" you would be absolutely correct. But........he didn't say that, he made something called a "qualified statement". Just because you couldn't figure out the "small print" doesn't, in any way, mean the CEO lied.