Sorry Mala, with respect, you are wrong and Ime is correct.
This delay has nothing to do with Roth in any form nor fashion. Roth are and have been for quite a while, sitting on their hands waiting for the call from Joel to confirm the SEC filing so the placement of the IPO money into the already prepared account can happen immediately.
Have you ever watched the 2 hour story regarding the ponzi scheme with Bernie Madoff ?
If you haven't and want to understand the shorcomings of the SEC, I suggest you watch it.
It is a great watch especially the part where a US senate committee ripped all of them new rear end passages for being absolutely useless for 10 whole years after doing nothing and being warned for the whole 10 years that it was indeed a ponzi scheme.
Who knows why they are taking so long - Joel does not know and is frustrated just like we are.
IHL Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
