Monday, April 13, 2015 7:02:06 PM
I agree with what you stated that changed, but there is one additional thing interesting that I caught in it that may be significant:
On page 4 and 7, they have removed the statement that they are a "development stage company".
Perhaps the reason that the SEC is now requiring more info is due to the FASB Accounting Standards Update No. 2014-10 concerning Development Stage Entities (Topic 915). The new S-1/A also added:
Since the company is now effectively declaring that they are no longer a development stage company, they are required to be a bit more transparent and give more info. I look forward to see what has happened recently that brought the company out of their development stage.
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