what a nothing quarterly report

Any ideas on this ???

2013 4th Q report says: IGS had $300k at end of quarter December 2013 and was going to spend $250k to March quarter ending 30 March 2014 leaving $50k cash flow.

2014 1st Q report says: IGS actually spent during the quarter ending 30 March 2014 $275k which if one considers last quarter report IGS would have $25k cash left.

2014 1st Q report: doesn't show SEG $100k cash payment as a stand alone consideration for the sale of Plumbridge IGS assets ??

2014 1st Q report: shows proceeds from sale of forfeited shares = $570k. WHAT Forfeited shares ?????? Part of the SEG interest from sale or other ???????

2014 2nd Q: Per 1st Q report after costs IGS will be left with $134k after spending est $486k. So effectively IGS is just limping along.

What a nothing 1st quarter;

(1) No information on heap leach leach studies;
(2) No information on potential hard rock (50kOz)production
(3) Since March 2014 some 37 days couldn't drill 162 meters per day of 6,000m drill program (SERIOUSLY)- What a joke !
(4) Exploration costs $101k to add value to project and company (SH) and it took $174k administration costs to manage a passive JV - WHAT THE !!