I just spoke with the owner of a public shell company about bringing a private company through his shell. He told me that it takes 6 weeks minimum to complete an audit for a company with any operations at all, and anyone who says anything different hasn't been through the process.
He said that private companies keep books, but they usually find out that those books weren't thorough enough. It's a long and expensive process.
We know that Aero has loads of operations, so the timetable laid out by FCCN/AERO is in line with what the shell owner described.
You could argue that they could have done this ahead of time, but if the process is as demanding as the shell owner elaborated, no one in their right mind would begin the process until a definitive agreement had been reached.
