What don't you get?  They do not know what they are doing. Period.  Remember 2012 was called their learning year.  They've changed their business plan how many times?  They've lowered expectations how many times?  How conservative have their projections been?
What are the facts?  Not what is going to be but what is.  If you invest in Treaty, now, because of what is going to be then you shouldn't complain if you lose everything.  2011 and 2012 was a different story.  We didn't know then what we do now.