What world are you living in? He promised audited financials, he made up all the bs about ford, BMW, Canada, to keep the pps high enough to pay off debt.
Whether there was malicious intent is still to be discovered. But nevertheless he made a promise to his shareholders, apparently full well knowing that he wouldn't be able to deliver. That is the definition of a lie.
If he truly cared about his stock holders he would have apologized FIRST and then released the non-audited fins second. Instead he released them, got a ton of backlash and had to cover his tracks.