The only people that can explain the true logic behind this are the people in control of the company. If you have the money then gamble the chance of making a decent dollar, if not sell, because there's plenty of people willing to buy, and I think that says a lot.
I agree. Truth of the matter is any "expected date" is pure speculation. Even intelligently deducing a time-frame based on conversations with brokers, FINRA, the company, is still speculation. It could happen anytime. Folks need to keep anticipation in check. We'll get it when we get it, and that should be good enough if you're invested in this like me. This July 17th date is starting to carry weight to it, and I don't like it. Shorts can use that as ammunition when nothing happens on that date. It is a milestone date, but don't expect Rome to be built that day.