If the company is lying to us, how is his letter going to hurt the longs? Would you rather that he pumped this thing at the expense of others in order to save his investment?
My sister is an attorney for Fidelity. She has looked at some things for me, and says forward looking or not he has to be able to prove that he tried to get these loans or he is liable. So she says he must be trying to get the loans or he would be hanging himself. I think he is trying as hard as he can we just have to believe and let him finish his business. Thats why we got in this in the first place. IMO
Perhaps it will light a fire under Dean's a$$ if he knows the SEC is watching. He certainly doesn't feel compelled to follow through on his own self-imposed deadlines.