This is what I believe as well. Another possibility is that he learned more about the situation since then, which would warrant a new solution. This however, is unlikely since I trust he was already familiar and that recap and release is the only logical conclusion.
He made his position more vague to abet concerns from other powerful parties that he wasn't going to hear their plea and fight for them. If he pursued his solution from the get go they would then go back and try to snuff him on pumping this stock to get rich.
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