What about making a prediction while being, as you're saying it, 95% sure its bullshit?
Is that not lying? When does it become lying, when you're 100% sure you're not saying the truth?
Is that not lying? When does it become lying, when you're 100% sure you're not saying the truth?
She didn't say we hope to work with the US Army or that we plan to. She said that units were in use by them.
She didn't say the devices are on the verge of being used to analyze blood samples. She said that they were indeed being used to analyze a high percentage of the samples.
Many, many other examples.
That's the plain definition of fraud.
When the speaker implies uncertainty it is difficult for the investor to claim fraud because uncertainty was expressed to them. That the speaker "knows" the 95% figure is BS is very difficult to prove and generally everyone treats it as BS/puffing anyways.
If you could easily show that the CEO saying hitting the next milestone is 95% in the bag but in fact it is impossible AND they said so to others in private then that would also be prosecutable fraud.
There's a difference between saying I weigh less than 90kg and I will weigh less than 90kg by next year.