It looks like a scam but I know it is not.
I was visit them 6 weeks ago and they have a problem hire a developer becouse the BTC rate was going down and only 50% in euro was left.
For the software was needed 75k euro so they make a mistake gambling that the BTC would go up after ICO.
This information is in the threat if you read it all.
I know they work on a solution but it takes more time then espected and the radio silice I think is that there is not a concrete plan they can present yet.
The value of 1 CKC based on 16M total coins is about
625 Satoshi if they give back the ICO funds, I keep my 500K coins and wait.
How can you say that? They assured they would have released a statement within the 20th of feb which they did not whilst they have not being active since the 8th of feb on BTCtalk.
They just disapperead with the funds left, you can consider the project abandoned: no progress at all since the beginning, they only released fancy pictures and CKC cakes. Plus you can't base your project on BTC fluctuations.
Just move on, the guys disappointed everyone here, CKC is a confirmed SCAM ran by amateurs.