As stated to you previously: The 211 has not been resubmitted, this alone could drag out for months. Next FINRA would have to review the 211, this could drag out 60 - 180 days. Now FINRA will come back to BMAS with concerns/questions over the 211. BMAS will then look to expand on those areas of concern/question and resubmit the 211, who knows how long it would take for this step. Now FINRA would again review the 211 and come back with questions/concerns. ...cycle continues...
This process could easily drag out for 1/2/3 more years with the outcome being MIKP stays on the grey market...