the report reads exactly as expected. the work they have done since and will continue to do is all that matters. it is not bleak; it shows a thorough understanding of all aspects of the business and precisely what needs to be done. if they had accomplished significantly more by the date covered, this would be a noisily blast-off stock and company. if snaper has or soon will figure out the technology, they have a serious chance of being hugely successful. both he and prentice sound quietly confident--not at all in a sell-sell scammy way. if there is dumping, my advice would be to buy like crazy because the opportunity to get actually rich is very real. I bought in at .12 and am hoping it goes sub-penny because then I can pick-up a ton. I understand why others were and felt duped by the blog--it created considerable irrational exuberance; based on my reading of snaper and prentice, the problem with the blog was how completely out-of-step it was with the timing of business development. in real-time substance it may prove to be perfectly accurate. I do not think lt is a nut or a numbskull or a criminal, but he is excitable and he does jump the gun. the cooler heads that will prevail are the only ones that matter. glta