World Book dictionary defines "RUMOR" as a statement or story being told awaiting truth.
Once facts discovered and truth is confirmed in regards to the rumored statements,,its then and only then can it become confirmed as a negative or positive.
Howard as CEO has confirmed that the PR rumors/statements/stories that he has previously sent out were in fact wrong/false/made up/borderline illegal with not a one actually coming to fruition. Big reason IMO for SP to even decline after PRs, because smart investors have caught on and HOWARD is reacting in anger rather than addressing all issues as a competant CEO.
In essence he is admitting to that what he is calling "NEGATIVE RUMORS" by some board members ended up being the truth.
To put that in perspective with World Book definition, the only negative rumors/statements/stories/forward looking statements in PRs that ended up negative was that of CEO of PHARMSTAR. All his PRs bombed and were proved untruthful.
Blaming EVERYTHING on someone else, putting out non transparent PRs ,completely unverifiable rumors/statements/stories,, follows the same path of deception that, IMO opinion has destroyed market/investment/ financial institutions reaction to PHAR/AQUAPRIN/HOWARD AS CEO.
Its an insult to anyones trading intellect to expect an investor not to validate claims. Put out enough past "false" rumors/statements/stories in PRs AS A CEO in charge and investors loose trust in NEW claims.
Blaming a few on board is like peeing in the ocean..
GLTA
