NO WHERE did he say they would ever be able willing or able? to ACTUALLY ACHIEVE that capacity.....
I am long, but hoping for a sale. I have seen this king of management before, worked at companies that had this kind of management before.
Current management has taken this company as far as they can and are now floundering for lack of a competent General Manager or EXEC VP of Operations. Whatever you want to call him, thy don't have one and it is PAINFULLY obvious to everyone outside of management.
My guess is there are a lot of yes men in place collecting paychecks and kissing backsides. No one on the gravy train will tell the emperor he has no cloths.