Edit - FINALLY figured it out. Despite the fact that the BAT file is in the certain local folder, and that final BAT file opens a PSFTP in that same local folder and thus I expected PSFTP to recognize that and the FTP server to send data into that local folder, the file was actually being downloaded into another "local folder" -- as defined by the original calling application. In this case, C:\users\me

Stupid me, and stupid windows 7, I searched for this file hours ago in other locations but of course Win7 search function is about as reliable as a chocolate fireman...