The fact they remain a reporting company may or may not be positive, simply because it is a lot easier to a fully reporting company to dilute through toxic death spiral convertibles than if they are not fully reporting.
We know they are diluting through death spiral convertibles, which by itself may completely explain why they are still fully reporting. Because it certainly doesn't seem to be related to any mineral exploration activities.
all those who sold did so from the information that people want you to believe it is bad. Every pick sheet stock states all the same information whether they are doing well or not.
And I agree, it looks like they have not done anything so far.
But they also did not spend money to put up a new website and get their filings out on time for nothing. And if you pay attention to the information about the claims in Canada, they are obviously working a deal with another group to start development there.
You just sold your shares on emotion and fear which they were counting on so they could buy them dirt cheap. Nice play by them. Watch this run to .005 tomorrow.
Pay attention to what they are spelling out for you. Then ride the wave.