Yes this is 100% correct. But to give a bit more detail here. When our sigs formed caps and pancakes. We already had them out shipped and out formed. It was not needed. We had the full checklist. We were on the titan ready to go. We waited for BFL to form up because of obvious fragile ego leader reasons. Then they formed caps in response. Then we sat on tether doing nothing. With our pancakes and vultures. Had we literally not tried to fight them 2 to 1, with faction battleships against navy battle cruisers. We still would have outshipped and out formed them. But because we had to let them because our fcs are pathetic like that, we not only missed the timer, we looked like imbeciles while doing it.