Without a company explanation, expect the worst.

Without a company explanation, expect the worst. An update would be the only acceptable thing to do, might be good. Let's see what happens. All directors have signed off on the Form D. If no update, expect sub pennies. In a short time we will see how much those deeply invested will tolerate. $1 to $1mil seems to be a problem. For as along as this company has been in business and indicating sales less than a million, should give everyone pause.