I don't know how long the SEC will wait to act on GTEM. A lot depends on the communication and support from the company. Based upon Mide's comments I believe Jon is working hard to comply so yes I believe they will respond and the outcome will be favorable.
Attitude and communication are the key. It does appear that again based upon Mide's comments the company is headed in the right direction.
I do not believe Jon wants to fail and with all former employees gone that were in charge last year when the SEC first started the investigation I believe the SEC will work better with Jon on this issue.