Sure - it is total BS. Also, it is "clever" in the way it skirts illegality and hints at growth and opportunities that will never happen. As an example, he states "we are in the Middle East this week" and "Middle East companies / countries are back buying" - a natural (optimistic) inclination might be to join the dots and conclude that orders are forthcoming from the Middle East (but they aren't, and he never actually said that they were). He also "associates" with highly successful growth companies that we all know (Uber, Airbnb etc.) to make us feel that our opportunities could be similar (a ridiculous suggestion).
This is not new behavior - there have been countless rounds of fundraising underwritten by BS PowerPoint slides and pie-in-the-sky assumptions; there have been tons of PRs with repetitive and nonsensical information - most of the time they do not even cause a flutter in the stock price.
The only thing that this CEO wants is to make himself money ($30,000 in salary EVERY month) and exercise control over the stock. Once this is bankrupt, he (and his buddies) will sweep up all the pieces of value and start all over again with a new name and new identity.
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