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Tuesday, August 22, 2023 12:08:01 PM
They swear when they have updates they will issue updates, but they don't do that. Just look at the most recent Q for an example of this.
The buildout of Phase 1B of the Sawston facility, which had been under way since last year, has been completed.
This multimillion dollar expansion at their primary, commercially certified manufacturing facility, which has been under construction for the past year, was completed in July. You'd think that would be a great opportunity for a press release, no? Hey investors! We took this money you invested in us, used it to build out our production facility and increase capacity, and finished that project! This was the old capacity, this is the new capacity after expansion, hip hip hooray another thing to be excited about!
We get nothing. No PR, no manufacturing estimate update, nothing. Just an easy to miss blurb in the 10Q.
Why in the ever loving hell would they not PR completion of the expansion? It's insanity.
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