As that is not what the most recent quarterly report actually said,... the criticism being made here must be taken with a serious grain of salt.
What actually was said was (page 29 btw)
So yes - that criticism is definitely unsupported.
The statement made in this (repeated) post was (of course) made to emphasize the 'worst case scenario' in the quarterly report - and of course to make the worst possible case against NNVC.
But - as per usual - think what you want and make your own investment decisions.