This is what they actually said. Where exactly did they say that the Form 10 won't be out till this summer? please copy and paste that section for me.

The statement below could be referring to the F10, the S1, myflix launch, the share price or the uplist to OTCQB (which would be 60 days after the filing of the Form 10)

Accordingly, the decision was made to get rid of these distractions sooner-rather-than-later, so that the company's luster is bright and shiny for the incredible summer we have in store!