So from the last quarterly (Oct to Dec), the CEO quoted the...

So from the last quarterly (Oct to Dec), the CEO quoted the following:

"This quarter we have had ongoing discussions with major potential clients and developed key partnerships with the Economic Development Queensland and UON. We hope to finalise and announce additional partners and projects by the next quarter"

So what happen to this as we heard nothing in the Jan to Mar Quarter around the "additional partners and projects". It is very unprofessional for the CEO to set false expectations and very disappointing. He needs to be more transparent on what he promises to the shareholders else the CEO should not promise something that he can't deliver!