Very sad. They didn't correct it until forced to do so. Just like the China PR... retract it only after shareholders begin clamoring and exposing the truth. That is pinksheets ala mode.
Which is better... incompetence or dishonesty? Credibility's definitely in the tank now. Ironic that shareholders have been urging them to STOP speaking too soon for a long time and only PR that which they know to be certain and true. The company disagrees, and we see where that's gotten them?
It's also unimpressive that the CEO doesn't step up and comment in a PR like this.