Currently we're finalizing the Asset Exchange implementation and its UI. We still expect to scrap the current testnet with a new mainnet-like temporary testnet for final tests and adjustments any time. The BTC gateway automation and all its related software are left for last, for which we'll have to see how far we get before the estimated Wed 18th night launch. We really want to launch the genesis on that date and need to make the necessary compromises so that launch and HEAT trading from the client can be arranged, whether full functionality of the related BTC wallet microservices is achieved by then or not.

Web site cosmetic makeup will be online any day before launch.

FY2016 is over and accountants are furnishing the Ltd company's balance statements and financial reports in the next weeks, in time to be available for the 2nd funding round planned for Q1 2017. Investor prospects of course require proper financial reports, and these need to be in line to prove a sustainable business model and budgeting. That's part of the transparent structure that was planned since the inception of Heat Ledger Ltd - having to comply with the regulations regarding company reporting can also be used as a benefit for the seed round (cryptocurrency) investors. It's somewhat unusual that official reports from a cryptocurrency operation are actually required by law, so in our setup we consider that an advantage for the investors to genuinely being able to see how and at which pace the received funds are being used. It also involves more complex accounting tasks than running sole proprietorship and "having expenses sheet" for instance, so the reports need to be prepared with the effort required and will be provided in due time.

I'll be posting a schematic outlining the various phases of the funding details (HEAT tokens, options, shares) soon for clarification regarding the rights and opportunities embedded with the receiving of the HEAT tokens.