JB and ZJMY Holding Co (JBZY)

[lindy1401]

The plot thickens...or not. There was a phone call to the Finra Ombudsman as to general process questions. He said if an issuer provides the info they request, say on the 89th day, they won't lapse the application till they review the information. And he said if they have it prior, they will make every effort to review the info prior. But if it's more complex, they won't lapse it while they're reviewing the info. The only reason they would lapse the application on the 90th day, is if the company failed to respond. He also said if an issuer had to refile, that they do go to the back of the que, however he said our que isn't that long and most of the info would have already been reviewed. So, no more then a few weeks if an issuer refiled as long as nothing new has arisen or happened since the last application