I understand that they've announced contracts after the fact before. I just don't think that's the best way to go forward. Why not issue a release that an mou has been signed, and work commenced. That way, the marketplace is better informed in a timely manner. With so much going on on so many fronts, i'd think it easy to have at least one press release per month.
Material events include new ff and cf either starting or contracts signed; loans being agreed; grants issued; operations milestones, like any ff or cf first sales, establishing any retail outlets, first import contract signed, restaurant hitting a revenue target, etc., etc., etc. I could name 5 more possibilities off the top of my head, toward financial,operational,strategic, corporate structure, uplisting/dual listing.
The most optimistic q2 numbers will not show a skeptic that they are on track for 2012 guidance. And those numbers will not be released until mid to late August. It simply behooves the company and its shareholders to notify the investment community of markers toward their goals, IMO.
