If anyone listened to Gerald's presentation yester

If anyone listened to Gerald's presentation yesterday he again deviated from what he said two weeks ago at the Aegis. Two weeks ago he hinted that a strategic transaction was expected this Q4. Yesterday he walked that back to say that they are positioning themselves for a transaction but didn't state one would be had this quarter. Why does this guy continue to step in it? He obviously hasn't learned a thing and reinforces the fact that he is unable to tell the truth.