I'm not sure how quoting another poster who is no longer with us is supposed to prove anything, but I'm sure whatever reason the company chose not to move forward with their original plan/timing re releasing the S-1 (as this poster obviously felt confident about) was a good one.
Could it possibly have anything to do with the former CEO (who was dismissed) and/or the fact that the OPA was much slower to release contracts than anticipated ? Situational contingencies my dear Watson - an inherent part of any business plan for those who have never been in business for themselves.
Our thoughts and prayers go out to all those impacted by the tragedy in Connecticut