I'm no expert so don't take my opinions for fact. Just sharing my opinion of it all. With that being said, what I understood from that statement is that he had to take the btc off the filings. Even though the btc is now removed, it has all been documented. Tom had them on the filings until he was forced to take them off. In my opinion he just got screwed with an unwinnable situation. Previous ceo had them on the filings so what was Tom supposed to do? Damned if you do, damned if you don't type of situation. One could argue that he should have been more careful when he took over... but that's just hindsight and we know that hindsight is 20/20.
Again I want to state that my opinions and conclusions are just based on assumptions from the available info. For all I know, I could be 100% wrong. Nothing I say(or anyone else on the message boards) should be taken as fact or investment advice.
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