Here is a statement from CalCounts Campaign Consultant Dave Gilliard:
"CalCounts has been in existence for just 44 days, has raised over $1.2 million from 866 donors, and gathered well over half a million signatures. Due to the tight calendar we are operating under and the challenge of raising money and gathering signatures during the Holiday season, we understand that submitting signatures and having them counted in time to make the June ballot, is no longer a realistic goal.
CalCounts will continue with its fundraising and signature drive because we believe Californians deserve the right to vote on this important initiative to reform the Electoral College and to make our state count again in presidential elections. The official deadline for turning in signatures for this petition is still February 4th."