Interesting thought there, Oldblue, you are willing to recieve and believe the information from the company re: new accounts and promises that orders will be filled during stated periods, but dont think they have an obligation to state if the PRs are actually achieveable with the announce production and distribution halt. I would say further that they are under no SEC enforceable obligation to make any comment regarding restart dates, etc. in the next 10Q, as if production is back on it will be reflected in the numbers and the discussion of ongoing operations.
I think a company does have the obligation to inform shareholders when a company shuts down production. I think it should have been stated in the 10QNT instead of just checking the box no substantial changes in course of business. In this case, the company does not "need" the shareholders and is not responsible to them via the Board of Directors. You may be correct, though, that we will not get an answer to Birds question of whether the May and June PRs were issued when production was halted until the next 10Q. I think we will, though, as IMO the stock will continue to fall and new financers will pass until what is the biggest challenge to any company is resolved.
If you and the management would think a little instead of just following a company line of not caring about the shareholder the stock price will go up and the company may become successful. Those who think the publicly traded company, or who want to see a profit on their investment, is obligated to report timely substantial changes in the business will cast their vote by selling and it will be reflected in the performance of the stock and how the business community reacts to AVBC.
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