You appear to be twisting because you see a delay as purposeful and proof of fraudulent activity, even though it is not conclusive. Investors see delays as unfortunate but understandable parts of getting to market. If you've ever worked for a company trying to get to market you'll know that hideous, stupid delays are quite common. You interpret this as the shareholders being blind to the company's cycle of misleading misinformation but again, it is not conclusive. For you to make such claims with such surety is the same as shareholders trusting that the product will get to market. You're no different.
If you want to feel like you've got a point, stick to your turbine and efficiency arguments - they've got me the most concerned right now. Then again we've all heard those arguments and understand their implications.
For a delay example, I have a company that is trying to get a product to market. I was held up for an entire week because an artist I have on contract was to deliver a product to me, and every day there was some reason we could not meet up. In hindsight, I should have used FedEx on Day 1, but I kept thinking he would deliver. If I had shareholders, they would be blaming me for the delay and they would be right - but if any of them said I was purposefully delaying they'd be twisting.
You're obsessing over the wording of the last PR when you have no idea what CM2 is doing right now and whether they are held up or not. The company said that once this final certification is done the unit will be shipped to Italy and the University will process the tests. They wanted shareholders to know that CM2 wasn't twiddling their thumbs in the meantime.