Another extension has come and gone with no news released for...

Another extension has come and gone with no news released for the shareholders who don't seem nearly as optimistic as a few weeks ago. From the update of 09 November:
"Metal Storm will continue to work closely with AFHL, its bankers and advisors on finalizing outstanding matters and will inform the market as and when material events occur."

I would have thought a material event would have occurred on Friday whether it was positive or negative. Maybe it was a meeting to try to decide "where to now"?

I'm sure I'm not the only shareholder who is quickly loosing their enthusiasm for this company.