[nknighthb]

If you start rattling off business numbers to someone with nothing more than a layman's understanding of business, finance, and/or the particular field the company is in, the numbers may indeed mislead, even as their true meaning would be absolutely clear to someone more clued in.

Without knowing exactly what was said (and what the actual situation of the company was), I can't credit the author's assertion that the numbers were "half-truth", especially in light of the misunderstanding and naïvety evidenced by the rest of his post.