That's an inaccurate statement. It reminds me of the other inaccurate statement that the Reg A+ would never be filed. We are at day 77 since the Reg A+ filed.
The average length for the approval process is about 72 days. For established companies with more complex histories it can take greater than 90 days.
Therefore, I'd estimate approval mid-August to end of September at the latest.
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