Paau it is my understanding that it normally takes 2 or 3 months to get an enforcement order. It has been over 6 months and nothing is happening. As far as I know it is still listed as pending. 

The opt ins have nothing to do with any delay. They would like to see the enforcement order so collection can happen either voluntarily or through default and the IMF. Tenor would like us to believe that it will take a long time to collect but that isn't true if Tenor would push to get the enforcement order.

Tenor would much rather us think collecting will be more difficult and take longer than it needs to be. This only helps Tenor as they keep shaving our percentage.

This whole thing could be done much quicker than people think. I believe an old poster here no_bear once said that when the enforcement order is in place it shouldn't take more than 6 months. That would make a nice Christmas present!

There are several reasons why Tenor would want to delay and none of them are good for shareholders.