Except you are 100% wrong. As of right now it is a big nothingburger. Maybe it will turn into something and only time will tell.
You can argue all you want if he should of met or not but that doesn't change the fact of what the joint statement said.
Eh that's your take certainly not fact, you imply it was a failure so let me ask this: is a business that takes out a loan a failing business until they make money? No, they are taking some risk, you may have more or less confidence in them but by simply opening they have done something significant not 'nothing' the outcome remains to be seen.
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