Friday, November 18, 2016 1:38:12 PM
When you're dealing with a private corporation that changes its name from ABCD, Inc. to WXYZ, Inc. that's a filing at the State level where the corporation is registered.
Since TGGI has applied for a name, ticker, R/S (all FINRA approved actions), the timeline is according to FINRA's review process. The estimate from the company in a PR is simply that -- an estimate (not a guaranteed date).
I remember when TOFS changed ticker to BCAP a few years ago. That took between 6-7 weeks to go through. Again that was on FINRA's timeline even though the Company gave an estimate of the effective date.
The paradox of iHub: buy high, sell low
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