Mike The Pike Productions Inc (MIKP)

[TenKay]

If I understand this correctly Mark is suggesting that FINRA said they would approve the 211 once the Form 10 was submitted? Is that correct?

If so....two issues.

1) a Form 10 does not actually become effective for 60 days. At the moment it is subject to review and comment by the SEC.

So why would FINRA say they will approve something before that has occurred?

And (2) taking the above argument to an extreme...let's say they filed a blank or wholly inaccurate Form 10?

Why would FINRA commit to an approval before actually seeing it?

They wouldn't. They are not going to prejudice their approval prerogative like Mark has apparently suggested.