Asphyxia, thanks a lot for your clarification. I think I got the point. But that doesn't set me at ease at all...
What about this:
Personally, I would feel more comfortable if the escrow held the funds until after the coins are released. If they aren't going to be moved until later after the coin release what is the point of releasing them earlier?
Can the escrow contract be changed, so the funds are released after both the Phase I-III completion and the coin distribution + 7 days?Why not to do that way? Whats the point of releasing the funds, if they are not going to be moved. Doing that you achieve nothing, but create one more dubious point.
If you do the way I offer above, people will feel themselves at ease much more than with current scheme, which implies blind faith in you doing the right things on every step. This approach also is not trustless at all, but is a bit more safe. The less blind trust needed, the better, especially after all that mess with Vidz. Maybe when we know you better, we might be less cautious, but for now... I think you got my point.
if this was said from the word go i may have also have suggested similar but the fact the sale is nearly 2 weeks in and has raised over 100btc. what you and i feel at this stage isnt really our personal business so close to competition. we either invest or we wait until after the sale and buy from the exchange if that is what we want. the terms were clear from the start and they are what i invested on.