if (!$2-) { can be replaced with if (!$2) { plus there isn\'t no need for the timer and the chan should be replaced by an variable, for example:
var %chan = #Mychan
notice $nick Processing . . . please wait.
timer 1 3 notice $nick Thanks for the report, it will be reviewed by an operator ASAP
msg $+(@,%chan) Report From $nick : Nick: $2 ||| Reason: $3-
}
Currently it\'s 3/10