Development stage company definition

Development stage company means a company that is devoting substantially all of its efforts to acquiring or establishing a new business and either of the following conditions exists:
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Development stage company means any issuer devoting substantially all of its efforts to establishing a new business and either: (i) planned principal operations have not commenced; or (ii) planned principal operations have commenced, but there has been no significant revenue therefrom.
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Development stage company means any issuer devoting substantially all of its efforts to establishing a new business and either: (i) planned principal
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Examples of Development stage company in a sentence

  • Development stage company Pursuant to US GAAP, the Company would be subject to the disclosure requirements applicable to a development stage enterprise as the Company is devoting its efforts to establishing commercially viable mineral properties.

  • SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Development stage company The Company's activities have primarily consisted of establishing facilities, recruiting personnel, development, developing business and financial plans and raising capital.

  • The Company is a Development stage company and has created the MoneyTracTM prepaid Discover cards and international prepaid MasterCards and is in the process of acquiring recurring revenue through the deployment of the MoneyTrac Consolidated Payment Gateway.

  • Summary of significant accounting policies Development stage company The Company's activities have primarily consisted of establishing facilities, recruiting personnel, development, developing business and financial plans and raising capital.

  • Development stage company The Company complies with the reporting requirements of FASB ASC 915, “Development Stage Entities.” At January 31, 2013, the Company has not commenced any operations nor generated revenue to date.

  • Evidence that is required of anyone under the Plan must be executed or presented by proper individuals or parties and may be in the form of certificates, affidavits, documents, or other information that the person acting on such evidence considers pertinent and reliable.

  • Development stage company Pursuant to US GAAP, the Company would be considered a development stage company as the Company is devoting its efforts to establishing commercially viable mineral properties.

  • Development stage company The Company has disclosed additional comparative information in conformity with CICA Handbook AcG-11 Enterprises in the Development Stage.

  • Th e t e r m control ( i n cl u d- i n g t h e t e r m s controlling, controlled by an d under common control with ) m e an s t h e possessio n , di r ec t o r i n di r ec t , of t h e powe r t o di r ec t o r c au se t h e di r ec- t io n of t h e m ana ge m e n t an d policies of a pe r so n , w h e t h e r t hr o u g h t h e ow n e r - s h ip of vo t i n g s har es, b y co n t ra c t , o r o t h e r wise.( h) Development stage company.

  • Development stage company The Company complies with the reporting requirements of FASB ASC 915, “Development Stage Entities.” At October 31, 2012, the Company has not commenced any operations nor generated revenue to date.

Related to Development stage company

  • Development Plan has the meaning set forth in Section 3.2.

  • Development Program means the implementation of the development plan.

  • Development Project means a project for the development of land within a project area.

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

  • Development Plans has the meaning set forth in Section 3.2.

  • Development Area means that area to which a development plan is applicable.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Manufacturing operation means a process in which materials are changed, converted, or transformed into a different state or form from which they previously existed and includes refining materials, assembling parts, and preparing raw materials and parts by mixing, measuring, blending, or otherwise committing such materials or parts to the manufacturing process. "Manufacturing operation" does not include packaging.

  • Collaborative drug therapy management means participation by an authorized pharmacist and a physician in the management of drug therapy pursuant to a written community practice protocol or a written hospital practice protocol.

  • Development Work means the conduct of preclinical and clinical trials, the compilation of the regulatory dossier concerning Licensed Products and the conduct of other work necessary or useful for obtaining Regulatory Approval of Licensed Products.

  • Temporary clean coal technology demonstration project means a clean coal technology demonstration project that is operated for a period of five years or less and that complies with the SIP and other requirements necessary to attain and maintain the national ambient air quality standards during the project and after the project is terminated.