No it wasn't. They drily pointed out material falsehoods in a report. The onus is not on them to publish a counter-report that tells the opposite story. The PrivCo report is now a dead letter. It doesn't warrant a detailed response. If PrivCo is stopped-clock-twice-a-day right, well, they just fucked us all by poisoning the well.
Yeah, they just admitted that they're still not profitable, but apparently this extra $110 million will somehow do what the previous $818 million did not do.