Yes, that's correct.
The company PR'd non-material news, news that would potentially influence investors view the company positively and buy their stock, on the day they fired their CEO and VP of Business Developoment.
The company then PR'd MATERIAL news 4 days later, news that would no doubt be viewed as concerning and likely deter investors from purchasing their stock, and news that occurred the day of that prior PR.
I'm clear on what happened. I'm glad you agree.