Sorry Danielle, proper corporate governance and DD is not 'micro-managing' staff. Why is it that so many other companies that deal in equally and even more complex fields (like biotech for example)are able to release PRs and updates without getting into equivalent trouble?
Being ignorant is no excuse when you are the CEO. If you do not understand or do not have the capacity to understand even the basics which are required to verify what your employees are telling you, you should not be CEO. Simple as that.
"Q: What’s special about the lifting gas technology? . . . How long will it take for a Stratellite to reach cruising altitude?
A: The lifting gas technology is proprietary."
-Sanwire Networks, LLC