Complex sentence: It was expected that Hot Country-CIMR would apply for a full licence from the BCI in 2008 however the commission decided not to advertise the license due to the economic crash that occured that year.
Split into simpler sentences: It was expected that Hot Country-CIMR would apply for a full licence from the BCI in 2008. However, the commission decided not to advertise the license due to the economic crash that occurred that year.