Ok, i thought of something,
Maybe Elphiaz Fimk has no idea that his partner can't deliver,
Maybe this Klerk guy is scamming Elphiaz Fimk & the community,
This could explain why Klerk is refusing to hire another developer as Klerk  doesn't want oversight.
I mean Elphiaz doesn't know anything about coding right?
How would Elphiaz ever know that Klerk is building a product as advertised?
How would anyone every know that Klerk is building a platform as advertised?
If these guys were actually building a 3rd generation codebase, don;t you think they would get a reputable and know 3rd party auditor to review the code? Zcash did that, Ethereum did that. Klerk knows that this would be standard procedure but he doesn't want a 3rd party auditor as it would foil the whole project. Instead he keeps delaying.
Klerk basically uses Elphiaz as a front man to deal with the investors & keep the project running as long as possible until it reaches a point where he will say that he failed in delivering but he tried & thats what a start up is about.
All the while, he is benefiting from a salary at the expense of investors.
Elphiaz could just be clueless about this all, he is being fed BS information by Klerk.

Its a possible scenerio.....


I am happy i bought through C-cex, we should be able to redeem our BTC.

It's been awhile since my last post.
I've been working on HEAT probably like I've never worked for something in my life before.

I guess I can just focus better and get more done by shutting out any and all distractions - which unfortunately at this time (with the current amount of tasks) also includes this forum.

Apart from the work for HEAT directly I've also been working on getting side projects up and running that built on-top of HEAT and are set to be used by our Heat Ledger Ltd joint venture partners.

The HEAT code base now consists of 3 very large projects already which have been completed in large part this last month.
More recently we've worked our asses off for the HEAT ICO redemption part of the HEAT wallet online but unfortunately could not get it to work by tonight, I simply need a couple more days.

I'm sorry for that and I apologize for anyone who was counting on this to be ready today.
What we can release within the next few days along with the ICO redemption is no small thing either, it's actually the bulk of the core of the HEAT open source trinity, which is made up of:

• Heat Testnet
• The server (the real-time, internet scale window into the ledger)
• The client (the generic real-time, ready for mobile client framework that does everything from browser cryptography to real-time updates)

We do everything we can to get stuff online on Tuesday. I'm pretty exhausted and need rest now.

Because otherwise he won't give one of course. He's a coder and genius at that, but not very adept in handling public relations. Just like me, but even worse

I must slightly correct that statement, as investors usually don't donate - they invest or as in the case of HEAT, they purchased pre-launch tokens. The amount definitely was nowhere near $1 million dollars worth of crypto. The amount is difficult to calculate because of high volatility and oftentimes lacking liquidity as in the case of FIMK. Using current, realized rates the amount raised in the first funding round of Heat Ledger Ltd lands somewhere between $300k and $400k - in motion as the value of the crypto holdings fluctuate and even surprises such as extra grant of Byteballs happen.

Of course I do, that's why I stepped in to describe what I know. I'm not coder, and I'm not Dennis, so I can't write on behalf of him about the technical details involved in the last few weeks' development. He'll do that himself.

What's happening is development, mixed with family handling and holiday season to put it frankly.

FWIK he's been working part time during the Christmas days, taking care of family where possible, the exact same that I've been doing myself. If you have a family to take care of, you'd know there are quite a few modes of existence between being sick and working 24/7 month after month

The code is on company premises where development happens, and needs to be cleaned before being deployed to Github. Also the server code needs to be edited or mostly removed from the public release because we're not going open source at launch time because of the obvious hazards of losing IPR and competitive advantage just like that. Client and some important parts will be open sourced, however there hasn't been reason to do that yet as HEAT core development is ongoing.

Of course we are. It needs to be reminded HEAT is a fintech business project, involving a lot of aspects that most crypto-only coins aren't bothered with in the slightest. Thus the execution of our business is also different from what you're used to - causing the delays in the first place as everything needs to be coordinated from technical features, applications and extending to the readiness to support partnership setups.

Six months - it's of little use to exaggerate, more like 4 and half months. No communication - I don't get that part but note taken

I hope I answered that to your satisfaction. Normal life and development, so nothing spectacular there to grow FUD on.

We're here and we're responsible whenever you'd like to have a chat f2f about which part of the company's crypto funding round you might have misunderstood, or any other similar issue there may be.