That was a rash statement on my part. Here is a more level-headed statement:

https://bitcointalk.org/index.php?topic=1319681.msg13542612#msg13542612

Btw, I didn't kill Iota. The fundamentals may (or maybe not and probably not in the short-term). That is not my fault nor decision. I stood ready to adopt their coin and stop my development work if it was sound to my expectations.