would you rather placate?
they did it to TRY to show they care, but after management started to speak in circles and dance their little dance, investors saw right through it
usually a company when pressured by investors for an update will usually say 'when we have something material to report, we will issue a pr'
well, the fact that 3 consecutive reports (1 K and 2 Qs) were delayed. The 10K came out within the required timeframe with a legit excuse. Now that the 2 past 10Q's have not come out, i think that is material information that needs to be divulged.
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