PCT Ltd (PCTL)

[aandt]

Yeah yeah... we all know how efficient the SEC, FINRA, et al. are. Of course they move quickly and process things quickly. They are well known for their speed and efficiency ROFL

I have been in a few other situations with spinoffs, there really are many parts in the process. I know of several instances that have in fact taken upwards of one year for various reasons. There is one in particular that I am familiar that is going on 2 years due to FINRA's BS. FINRA is notoriously a nightmare. Surely "pros" know this right? If not I can provide some links to scenarios where FINRA has made simple corporate actions difficult.

My guess here is they have put out an "under promise over deliver" timeline.