Bravo, you should be approved.
The song begins with a very BIG feel, and loosens up into a rather relaxing feel when the high melody carries over. This would be more effective if the bass was tuned down a bit throughout this bit. Also, the drums eventually got really repetitive.
The piece is wonderfully done, and sounds good, but lacks variety in terms of substance.
Good easy listening, but needs to go somewhere. (A solo? A bridge? A break? A pre-chorus?) It just feels too repetitive, that's all.
P.S. You're too good to be unapproved. Keep it up, there is some serious potential here!