I'd much prefer they convince/have convinced the debt funders...

I'd much prefer they convince/have convinced the debt funders instead of the standard auditors yokka, once we get that for expansion nobody can say that this is built on egg shells because the lender wouldn't be lending large amounts of money without knowing the companies plans, contracts in place and contracts to come. Let alone the Insto's who are invested and have conducted their DD before doing so.

Take a look around at most US companies and you will see the same type of language used, there are $billion companies that use the same language in their reporting.

I remember having these same discussions years ago on HC after someone raised the same points, there were many references made to $billion companies using the same language. I'd hunt some out but am time poor right now and I think you get the point, it's standard for any company that is in start up mode.