My reading of the transcript at p18-19 is that no new programs...

My reading of the transcript at p18-19 is that no new programs are going to get approved until CBI gets what it wants (so no point asking for approvals for new programs until then ) which is going to cost EML some money for 4 new independent directors, and associated governance and compliance improvements which EML has to organize and get approved. Seems to be that the timetable for that is largely in EML's hands and I got the impression that they were getting on with it but could not say how long it will take as the outcome is not just in their hands. So in summary while EML can sign up as many customers for new programs as it can find, those customers will not see their programs approved until EML satisfies CBI that everything is now ok.