This is not a delay, read the news release already!!
In order to comply with SEC insider regulations any shareholder that partakes in the pre launch review may not buy or sell securities due to insider information...
A STANDARD PROCEEDURE WITH THE SEC.
If you are planning on a quick flip do not sign up Simple as that
An independent, unpaid shareholder board committee will be formed to review the platform and report back to all other shareholders and the public. This committee will be comprised of shareholders who are willing to sign extensive non-disclosure agreements (NDA) and abide by the SEC Reg FD rulings. While these shareholders will not become "insiders" by joining this board, their ability to trade (i.e., buy and sell in the open market) will become significantly limited and in most cases prohibited
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