Hello MaCloud.
You bring up a point that seems to be a small detail, compared to the long-running blunders on the business and money-raising fronts. But, in its way, your point is as well taken as the more obvious failings.
Folks, think about it. If you owned a business (in our case, the Shareholders) and:
(1) You asked an employee to conduct an important investigation (in "early June") and issue a timely report about the results shortly thereafter; and
(2) That employee took his sweet time, conducting the investigation on unspecified days, sometime more than a month later; and
(3) Took more sweet time, not until mid-August (more than two months after "early June"), reporting what he had done;
How would you rate that employee's job performance?
If it were your business (in our case, the Shareholders), under your control, would you not expect (and be entitled to) daily progress reports (if not hourly ones)? If it took more than two months for you to receive even one word about it, how satisfied would you be?
In our case (the Shareholders), we've become accustomed to this kind of thing (and far worse, so far as fundamental mindfulness to do the job). Because carelessness has grown to be the everyday reality, does not mean that we (the Shareholders) should ever be tolerent of it or should ever lose sight of it.