It's ok if the news releases aren't entirely factual. It might be legal for the company to lie within a certain margin of error.
By law, it isn't.
Mexus is committing fraud by releasing news they knew, or should have known, was false.
And the claim that no one takes news releases seriously...BS. That is why such releases are regulated under securities laws and related anti-fraud statutes, both at the Federal and State level.
There is absolutely no legitimate defense what what PT and Mexus has done, over and over and over and over and over.