MMBG, "It lead me to 2 conclusions, either they were misleading for some reason-maybe buying time to keep the shareholders at bay, or they didn't really understand the market as well as they would like everyone to believe."
Pretty much what I started saying six or eight (or ten?) years ago. I said although I couldn't be sure if it was lying or incompetence, it didn't really matter as neither was acceptable.
Here we still sit years later, adding more and more incorrect statements to the heaping pile. And never any explanation or accountability. Just more dilution, lost opportunity cost, and more management pay, bonuses, and options.
(What a great buying opportunity we now have again. LOL)
D&O