I am not at all comfortable with this delay. If I were a new investor, I'd be a little leary of PCFG. The recent Grassroots report and the third party promotions after a long period of silence give the perception that we are just another P&D stinky pinky out to bilk the retail investor. We can rationalize why they're late as much as we'd like, but if they want to be perceived as a viable, real company they need to get their reports out on time. No games, no excuses. The lack of communication for a couple of months and then last week's flurry of activity display a form of managerial arrogance which does not help. Since they control close to a majority of the o/s there isn't any real pressure to keep investors informed on a timely basis.
I'd be the first to congratulate them on what they've accomplished so far. If it were not for the efforts of many on this board, I would have taken my losses and moved on long ago. Think about it, though, why should we have to go get our own videos of the plant running and ferret out tidbits of information from MSHA reports or expected BULM returns? That's the company's job. The photo of the inside of the plant is not new, the equipment is too clean. It should have been on the website months ago.
I'm not ready to give up on PCFG, but I'm not that happy with them at this juncture. Get the report out NOW! No tap dancing, no, "The dog ate my homework." Now! \V/_
