RE:Q1 MD&AOkay, so I will grant you that the title page of the MD&A dates it as “three months ending April 30, 2014. However, this is the error. You will see in the rest of the MD&A that it refers to March 31, 2014. Also, PTK has a fiscal year end that matches with the calendar year (also positioning this to be the quarterly report ending in March.
As the proposed date to complete MS8 was the end of April, there is nothing in this that is trying to cover up not completing it.
That said, it is now approaching the end of May and we should be wondering what the deal is. To this I would say, the end of April was a proposed timeline, not a deadline. And… we can look back to the last announcement that MS’s were completed. This occurred one month after the proposed timeline. I think we are still in a good position. There is nothing to worry about yet. As always, one should keep your eyes open, but I think we are still within an acceptable range for the expected NR.
Sir_Holler wrote: A long winded way of finally admitting that they have failed to achieve milestone eight even as of the time of the MD&A, and with no new timeline they have no idea when it will be achieved?