On February 7, 2012, the company announced "The company has completed the planned review of operations at La Yesca milling facility which has culminated in approval from the board of directors for a 2 phase upgrade program designed to enhance throughput and recoveries leading to commercial production declaration. Phase one has already begun and should be completed within 3 months at a budget of $300,000."

This 1st phase would have brought the company to an update or an announcement close to or near May 7, 2012. I don't recall seeing or hearing from the company regarding this 1st phase. Does anyone else have any concerns regarding the leadership of this company and it's lack of credibility where these types of announcements are concerned? I am willing to be corrected if I have missed any communication that would have bridged this significant gap in communication. Please advise what has transpired with phase 1. Thank you.