Well, if you're going to start from scratch and scrap all of the forward looking BS that never came to fruition anyway, you might as well be honest. GRCU certainly hasn't shied from honesty and owning up to misfires and mistakes. They also, more then likely don't give a rats arse how it effects shareholders.

I sense more Cruz-like arrogance from this update as I've sensed from my personal emails with him. No sense of committment to shareholder value, nothing positive (except the honesty) about the prospects of moving forward, and no further updates on product advancement.

Again, besides the honesty and lack of toxic debt, this was a very disappointing update and like others I can see us resetting in the low trips with many months of silence ahead. Time to tuck this away and forget about them.