Are announcements like this always done in this strange mixed-voice style? The first para reads like it's a third party that's reporting on the event, then in the third para they use the word "our", and it's on their website of course.
At my first job I found it exceptionally odd that the CEO (who was charged with properly running the company, obvi) would phrase his quarterly reports to the board as if he was just an outside auditor, eg. "you're going to have a problem here" "you're won't have revenue to cover expenses" "your company is not running well"
As if to deny any responsibility for how the company was being run.
Sounds like he was trying to deny ultimate (as opposed to any) responsibility, which seems fair enough given that the board was his boss and had the power to fire him
