“In furtherance of this philosophy, our board of directors has now adopted a policy of paying a dividend every six months, subject each time to a determination by the board that payment of a dividend would then be reasonable and prudent in light of the financial condition of the company, other possible applications of the company’s available resources, and relevant business considerations”
I believe the print in bold sets precedent on when and if a dividend will occur. The assumption would be they have found something more prudent to do with the "available resources". Any investor that does DD will quickly see that generating a 2nd revenue stream is a company priority. IMO.