You may be right about the NDAs Lewrock But it’s an unfalsifiable claim. Outside of that we have to look at this:
Does the company do what they say they’re going to do?
The answer is mixed. They have gotten foundries to produce their modulators. And some of the modulators with their perk have lasted a very long time. And they have expanded their space and staff. But overall It’s just so little to go on.
In terms of meeting goals, they just haven’t met many of them on time. And they appear to intentionally cover up that reality.
So that’s the counter to the progress that is claimed.
Why do you think Dr. Lebby changed his wording from saying they are implementing to say they’re planning to implement? Why do you think he said what he said in the December 4 letter and here we are almost 3 months after that with nothing? To me, those are legitimate questions. Many on the board not only give them a pass, they berate those who ask these questions.
You seem to be one of the more reasonable longs so I’ll ask you: do you agree that it’s important to hold a company accountable for the things that they say they will do? And how do you explain the changes in wording, and the silence since December 4?
It’s one thing to want to remain secretive, yet it’s a whole other thing when they don’t do the things they say they’re going to do and when they change their messaging without explanation