Hi.
We have been advised to only start with the application once soft cap has been reached as if we do not reach that point the project will be a failure and then time with SEC would have been wasted.
That is why we will be distributing voucher token in the ICO and this gets sent to investors during ICO to have something to show for their investment rather than doing it like many other ICOs that only distributes something after the ICO has ended and you have nothing to show for your investment.
We are doing the voucher token as this is legally allowed when planning on regsitering the actual security after the fundraising event.
Once we reach soft cap the new chain and new DLX security coin will be created and with that we will go to SEC and apply and then once our application is approved we will distribute DLX at a 1:1 ratio with the voucher coin

Hope this answers you and thank you for the question.