Your take on the company is the same as mine.
Post# of 3601
There is a provision in Sarbanes Oxley, which came about after the Enron debacle, that essentially says that the management must update the stockholders, sooner rather than later, on any event that may have a reasonable effect on the value of the company.
Again, I go to the Canadian deal where nothing new about that relationship has been shared with stockholders for years. It was supposed to be a blockbuster deal yet we don't even know if the license to that company is alive or dead.
Don't you think we should know what the relationship with Cummins should be ? Wouldn't a proposed joint venture versus just a buying relationship make a huge difference in the potential value of Coates ? Yet we know nothing.
And the Chinese deal. Again, do we really know what is going on ? No.
It's just bad business. No wonder others on different boards have brought up the prospect of contacting the SEC. I sure wouldn't want to see it get to that but I understand others aggrevation and concern.