"...but you say if those are duds, they don't need to report."

No!  I hope most other readers did not take me that way, but if they did, let me try once more. 

If a company suggests they will do something, and then they do it, they must report doing so AND the result(s). 

Perhaps the confusion comes from my explanation of activities that need not be reported publically.  Please disregard that.