Glad you're tickled by the choice of words. :)
Life is complicated. It's a valid and common PR strategy to only announce progress and avoid broadcasting setbacks a company truly believes are temporary. I don't know if that's what happened, or if the guys at ENZC are masterful con men -- and they DID disclose their setbacks on the quarterly report disclosure; hence I stopped at "impression of deceit."
One thing's for sure, if they cry wolf too many times, their reputation will be in the dumpster. I think it's safe to say there's a growing market sentiment to "put up or shut up" about perpetually overdue stuff like the audit.