Actually that is not accurate. If you look at ALL of the required SEC filings since Snaper took over you will find a wealth of valuable information. Everything reported has either proven accurate or is still in process. Last filing said they needed to get funding. Pretty simple. It is obvious they are not going to say anything publicly until the funding is finalized. However they are still taking actions that are consistent with a company that fully expects to continue operations. Over the past year or longer people have questioned the validity of this company. Does Tabco really exist? Is there really a GIA report? If so where is it? Is there really a Magnatek machine? Every time someone researches facts like this they find out that everything the company has said is true. So the real question and only question at this point is will they get funding and at what terms. The company has no debt. Hence there is no rush to give the farm away in negotiations. So as shareholders we are and will be in the dark until they get the deal they want. If you fear they won't then perhaps you should sell. But remember that the upside here is far greater than the downside.
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