That's more than a little unfair without knowing the context or wording of his statement. The same paragraph you clipped that from says: "The company has yet t

That's more than a little unfair without knowing the context or wording of his statement. The same paragraph you clipped that from says: "The company has yet to develop a chip past the benchmark testing phase but has said it will begin selling products broadly next year." If the comment came in the context of a conversation around why they need more cash and what he's going to do with it, it makes perfect sense to talk about adding headcount.