Is anything going on at ISX?

ISX last year regularly updated the market on how its business was progressing and so it should to maintain investor interest in a new business trying to establish itself in the market. Please review last years plethora of advice's compared to this year.

I am more than a little disappointed that the proposed(not promised) May update was not delivered by the end of the month.

I am concerned if the update is not provided very soon the share price may return to previous levels in the near term.

Different issue: Many on HC regularly express the view that the founders should hopefully achieve the 3 tranches of shares based on specific goals being achieved. Do most realise (please correct me if I am wrong). That they already control over 40% of stock on issue and the three tranches will delver an additional 20 + % to the founders if all hurdles are achieved.
The dilution and control effect on all other existing shareholders will be very significant IMO and a disincentive to institutional investors as the free float will be extremely limited IMO.

I am sure some of what I say will cause conjecture.