reply from management on dfs release timeframe, page-39

Granted there are errors in communication.

However I think it is wise to take this into perspective.

Errors in communication are minor. Perhaps the combination of dependencies on other parties (DFS), influence from subsequent strategic partnership and a desire to please (eager) shareholders either side of these developments has lead to some communication that has become misleading during such developments. Whatever the case, mistakes made in communication are not all that serious, and will not affect long term prospects.

I believe all communication is in good faith, and with the shareholder at heart. I do not think it is fair to say they are being dishonest. It is very easy to make that judgement in hindsight. It is entirely possible each estimate was an honest appraisal at every juncture.

Peninsula have been working relative miracles. I'm not about to have a crack over this sort of misgiving. Hypercritical IMO.