Ann: Appendix 4C - Quarterly Report with commentary, page-166

Even if LIFX is the saviour in waiting, and for the sake of the conversation I'll say that it is, I couldn't trust the current BUD mgmt to steer it.

They have a demonstrable and storied history of misleading statements, unjustifiable optimism and obfuscation. If LiFX is the product you all hope and believe it is, you want competent and trustworthy mgmt in charge of it.