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SEC Comment Letter for AIxCrypto Holdings, Inc. (AIXC) (CIK 0001460702) (FFR) — Jan 12, 2016

AIxCrypto Holdings, Inc. (AIXC) (CIK 0001460702)
Date: Jan. 12, 2016 · CIK: 0001460702 · Accession: 0000000000-16-061149

AI Filing Summary & Sentiment

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Urgency
Document Type
Confidence
SEC Posture
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Summary

Reasoning

File numbers found in text: 333-208818

Date
January 12, 2016
Author
/s/ Mary Beth Breslin for
Form
UPLOAD
Company
AIxCrypto Holdings, Inc. (AIXC) (CIK 0001460702)

Letter

Mail Stop 4720 January 12, 2016 Michael D. Step Chief Executive Officer Ritter Pharmaceuticals, Inc. 1880 Century Park East #1000 Los Angeles, CA 90067

Re: Ritter Pharmaceuticals, Inc. Registration Statement on Form S-1 Filed December 31, 2015 File No. 333-208818

Dear Mr. Step :

We have limited our review of your registration statement to those issues we have addressed in our comment. Please respond to this letter by amending your registration statement and providing the requested information . If you do not believe our comment appl ies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewi ng any amendment to your registration statement and the information you provide in response to this comment, we may have additional comments.

Executive and Director Compensation , page 90

1. Please update the disclosure required by Regulation S -K Item 402 for your recently completed fiscal year ended December 31, 2015. For guidance, refer to the Regulation S - K Compliance and Disclosure Interpretation 217.11, available on the Commission ’s website.

We u rge all persons who are responsible for the accuracy and adequacy of the disclosure in the filing to be certain that the filing includes the information the Securities Act of 193 3 and all applicable Securities Act rules require. Since the company and its management are in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made.

Notwithstanding our comment, in the event you request acceler ation of the effective date of the pending registration statement , please provide a written statement from the company acknowledging that:

Michael D. Step Ritter Pharmaceuticals, Inc. January 12, 2016 Page 2

 should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does no t foreclose the Commission from taking any action with respect to the filing;

 the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and

 the company may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

Please refer to Rules 460 and 461 regarding requests for acceleration . We will consider a written request for acceleration of the effective date of the registration statement as confirmation of the fact that those requesting acceleration are aware of their respective responsibilities under the Securities Act of 1933 and the Securities Exchange Act of 1934 as they relate to the proposed public offering of the securities specified in the above registration statement. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement.

You may conta ct Scot Foley at (202) 551 -3383, Mary Beth Breslin at (202) 551 -3625 or me at (202) 551 -3675 with any questions.

Sincerely,
/s/ Mary Beth Breslin for

Show Raw Text
Mail Stop 4720
January 12, 2016

Michael D. Step
Chief Executive Officer
Ritter Pharmaceuticals, Inc.
1880 Century Park East #1000
Los Angeles, CA 90067

Re: Ritter Pharmaceuticals, Inc.
  Registration Statement on Form S-1
Filed  December 31, 2015
  File No.  333-208818

Dear Mr. Step :

We have limited our review of your registration statement to those issues we have
addressed in our comment. Please respond to this letter by amending your registration statement
and providing the requested information .  If you do not believe our comment appl ies to your
facts and circumstances or do not believe an amendment is appropriate, please tell us why in
your response.

After reviewi ng any amendment to your registration statement and the information you
provide in response to this comment, we may have  additional comments.

Executive and Director Compensation , page 90

1. Please update the disclosure required by Regulation S -K Item 402 for your recently
completed fiscal year ended December 31, 2015.  For guidance, refer to the Regulation S -
K Compliance and Disclosure Interpretation  217.11, available on the Commission ’s
website.

We u rge all persons who are responsible for the accuracy and adequacy of the disclosure
in the filing to be certain that the filing includes the information the Securities Act of 193 3 and
all applicable Securities  Act rules require.   Since the company and its management are in
possession of all facts relating to a company’s disclosure, they are responsible for the accuracy
and adequacy of the disclosures they have made.

Notwithstanding our comment, in the event you request acceler ation of the effective date
of the pending registration statement , please provide a written statement from the company
acknowledging that:

Michael D. Step
Ritter Pharmaceuticals, Inc.
January 12, 2016
Page 2

  should the Commission or the staff, acting pursuant to delegated authority, declare the
filing effective, it does no t foreclose the Commission from taking any action with respect
to the filing;

 the action of the Commission or the staff, acting pursuant to delegated authority, in
declaring the filing effective, does not relieve the company from its full responsibility for
the adequacy and accuracy of the disclosure in the filing; and

 the company  may not assert staff comments and the declaration of effectiveness as a
defense in any proceeding initiated by the Commission or any person under the federal
securities laws of the United States.

Please refer to Rules 460 and 461 regarding requests for  acceleration .  We will consider a
written request for acceleration of the effective date of the registration statement as confirmation
of the fact that those requesting acceleration are aware of their respective responsibilities under
the Securities Act of 1933 and the Securities Exchange Act of 1934 as they relate to the proposed
public offering of the securities specified in the above registration statement.  Please allow
adequate time  for us to review any amendment prior to the requested effective date of  the
registration statement.

You may conta ct Scot Foley at (202) 551 -3383, Mary Beth Breslin at (202) 551 -3625 or
me at (202) 551 -3675 with any questions.

Sincerely,

         /s/ Mary Beth Breslin for

Suzanne Hayes
Assistant Director
Office of Healthcare and Insuran ce

cc:  Michael Sanders, Esq.