I think you've got it right. That's the kind of stuff I'd like to see in a letter from management. Is there a statement from the company anywhere saying that viricides for tox tests are currently being manufactured? If so, do we know where? or who is doing it? what kind of lab? etc. Seems to me this kind of information can be revealed without danger and doing so would be good for the stock price.
On the other hand ...
I know companies that try to keep their stockholders informed and do a reasonably good job of it. But then they are beaten up mercilessly and stupidly by people who can't understand that the world is complicated and that plans are forced to change, that delays happen, that unexpected opportunities are discovered. If that's why the company is so quiet about progress and plans I can't say I don't understand.
To put it simply: A change in plans or a delay does not mean that management lied to the stockholders. But it must be very tiresome to be on the receiving end of such accusations. So, the people in charge just say "to hell with it, we'll tell them when stuff has happened that's documentable; nothing else."
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