Report

What did you do?

Run pod install with a problematic Podfile.

What did you expected to happen?

Get error Specs satisfying the MyPod (from ../) dependency were found, but they required a higher minimum deployment target.

What happened instead?

With 1.0.0beta4 I get the correct error message.
With 1.0.0beta5 and 1.0.0beta6, I get a different error: It seems like you've changed the constraints of dependency MyPodinside your development podMyPod. You should run pod update MyPod to apply changes you've made.
Running pod update MyPod keep displaying the same wrong error message.

Podfile

target 'MyPod_Example' do
  platform :ios
  pod 'MyPod', :path => '../'
end

(note: I know that I should have use platform :ios, '7.0', but the issue here is the incorrect error message)