Where did the money go?

Office rental for office that Mark doesn't appear to have anymore
Wages for various staff at above offices
Multiple unnecessary monitors for various staff
Living expenses and wages for Mark Lyford
Dividend payments to existing Banx holders (taken from capital/investment funds rather than profit)
Foolish early investments i.e. physical coins (before the demand had been established) and Bitcoin mining equipment
One solitary ATM collecting dust somewhere
Trips to Web Summit
Payment to Web Summit organisers in return for Remittio award

Also someone should ask Mark who he reimbursed because some people did have their Banxshares repurchased.