IMO - this is the 100% spot-on accurate analysis and "operative word(s)" being FRAUD and/or FORMALLY INVESTIGATED !
1) FINRA would not "normally" give a specific time period or length of time to merely process a reverse split and SURE AS HECK NOT freaking 14 months ?
2) Thus, for Jake Noch to MAKE THE STATEMENT HE DID and do it "ON THE RECORD" and he did it both in-writing and I believe on a Youboob "interview" combo pump n whine n cry session aka Buffalo Dung Fireside Dump n Pump Session or whatever it was - thus, Jake "KNOWS" and was told "You're screw brotha for at least 14 long months - that's our estimate we're giving you and good luck and good night, Love FINRA"
3) THAT MEANS IMO as tdbowie says above - I believe Jake "knows" this train wreck is under some sort of "Formal SEC investigation" !!!
4) I'd also put some Vegas odds down that Jake knows this POS is teetering on barely surviving mode
FINRA "processes" R/S APPLICATIONS they do not "approve" them - and as stated, it ain't 14 months "normally" so WHAT does FINRA say can delay/cancel/kickback/reject an APPLICATION for an R/S and other certain securities actions - well lets read it kids.....
AFTER AN APPLICATION HAS BEEN SUBMITTED (you folks can read the entire page and figure it out) but after and IF FINRA THINKS SOMETHING IS WRONG WITH THE APPLICATION and/or THE COMPANY and/or a COMPANY OFFICER ETC - here it be in their own words :
There ya have it folks - 14 months IMO is a "known date" to Jake Noch as IMO he's been advised BY LEGAL COUNCIL that, "You ain't got a chance at this R/S and IF FINRA and/or THE SEC from what we've heard so far ever processes it and/or you EVER get out from this formal investigation- you be looking at well over a year passing and probably 14 months at least is the word they gave us" blah blah blah....
AND - ya want another "tell card" flipped on the poker table - REMEMBER KIDS...JAKE NOCH issued notice "I AM RESIGNING AS CEO" and then later yanked it back...as if ANYONE was going to ride into this shit storm willingly and take over the hustle - I mean you'd have to be dumber than a broken brick to get willingly entangled in this clown show....
ALSO - remember this jack wad Noch SUED THE OTC MARKETS GROUP and sued FINRA - and I believe that as of now the OTC GROUP has counter-sued Noch and this shit show. HOW TO WIN FRIENDS AND INFLUENCE PEOPLE - by I'M A DUMB ASS RICH KID PUNK......yeah bro....SUE um and then wonder when they put you and your little scam on ice and chill it to nuclear physics sub zero temps.....me....I bet they put this ticker in legal purgatory for pulling a circus stunt like these lawsuits......
I think that's why POOF - ole JAKE was suddenly doing the "I THINK I BETTAS JUS RESIGNS n GETS THE HELL OUTTA HERE" and then then then he goes for PR like he's kicking into a whole new sham aka the "LETS PICK OFF SOME DEAD SHELLS AND SEE IF WE CAN LIGHT THEM UP" - his latest shit show he stepped into for those that don't know.....
https://finance.yahoo.com/news/jake-p-noch-family-office-130000217.html THE KID - is supposedly going to take a swing at re-lighting up the scam BAD DIRT MINING INC and I think about 5 other other deader than bad dirt EXPERT MARKET shit heaps - that appears to be his new "gig" since he was so successful on this one LMAO !!!
THE KID WAS PULLING THE EJECTION HANDLE WANTING THE HELL OUT OF THIS FLAMING HEAP OF WRECKAGE - as if he actually had a lucid moment and maybe a micro cell of survival instincts...BUT...then he punted and went coward mode and decided to play LAWFARE and LETS THREATEN INNOCENT PEOPLE and go "Gangsta boy" shit for brains....you all know the rest of how the movie went and now how it's going to end.....:))