They have committed to a date - expected in Dec quarter. The CEO does not come up with this date - he receives advice from all his technical managers individually and as a group, from that he will make a statement, which he has. To have stated a particular day or week would have been stupid, there is a pack of investors that are all too ready to blame management instead of doing a reality check of the risks that were always with this development.
GBG Price at posting:
15.5¢ Sentiment: None Disclosure: Held