Update README.md

Updated version status

Author: donmendelson

README.md

@@ -10,11 +10,8 @@ SBE is part of a family of protocols created by the High Performance Working Gro
 
 ## Versions
 
-### Current approved version: 1.0 Release Candidate 4
-Version 1.0 RC4 was approved by the Global Technical Committee on Feb. 18, 2016. 
-The release candidate will be open for public review for a period of 90 days.
-Based on public feedback, a decision will then be made to either promote the 
-candidate to final draft or to re-open it as another release candidate.
+### Current approved version: 1.0 Draft Standard
+Version 1.0 RC4 was promoted to SBE version 1.0 Draft Standard by the Global Technical Committee in June 2016. 
 
 The RC4 specification is included here for reference only. Pull requests for this
 version will no longer be accepted. However, issues may be entered for corrections