you are kidding, right?
"I chose to take what they say at face value and not fixate on what preconceptions my mind might have."
That is a very sound thing to do with these guys. Did you do the same thing with "is shipping", "full production", "$2.4M in revenue", "expects to prevail", "stacks of PRs", "just waiting for the lawyers", "revenue neutral"?? Did you take those at face value? And if you did, how much are you down on this investment? All of it?
Is applying a past history of lying to current statements being made a "preconception" in your mind? Or is it prudent?