HiYield, I suspect they have alread met with the Certified Advisor and that's one of the reasons they are presenting at the CA's conference. I believe the FN process has been going on for some time already. The reason the company did not PR this is (1) they never really cancelled their first FN process and (2) they are waiting for approval to officially announce this so they don't set the market up for another disappointment. Whether the appointment of a new CA from Penser constitutes a material event that should have been PR I do not know.