chig, excuse my intrusion, but...
Aside from Worktoplay just showing Spook how wrong he is, [uh...okaaay] let me put it in Spookie terms:
It was only a lie if Dr. Frudakis knew(at the time he said it) that it would never actually happen.
It is only not a lie, if a) it actually happens; or b) he offers a reasonable explanation to shareholders as to why "circumstances changed his strategy;" followed by an admission that he should have hedged a bit on the wording.
I know for a fact that he believed it could and would happen. Other circumstances changed his strategy.
Do you now? Do you also know the difference between a FACT and an OPINION? Which of these best describes your statement (this is a rhetorical question)?
If you(Spook) assume that the warrants program was invented to merely swing a vote, then you are wrong.
Refer to previous comment about fact versus opinion