Is it just me or does the CEO here seem a little bit full of it? He's awfully confident about a deal that will hopefully happen in several months and will leave

Is it just me or does the CEO here seem a little bit full of it? He's awfully confident about a deal that will hopefully happen in several months and will leave him, along with his investors, with a significant loss. And yet from his comments in the article you'd think the company was the next Google. A little perspective might be nice.