Until an audited 10k appears, we really don't know if that was true or not.
Also, there is no evidence he actually purchased the MJ items, as in paid the owner money in exchange for them. Some of the Vegas court stuff seems to say he was acting as the owner's agent and/or was going to pay for them after the auction. Absent an audited 10K, we don't know that either. One thing is certain: the dollar values cited in the MJ auction hype releases turned out to be BS, so they certainly were not truthful. All it takes is one lie, and a PR isn't truthful.
Thank you for trying, though. It's more than anyone else has done.
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