SONM ICO FAQ says:
SONM tokens will be issued automatically via Ethereum smart contract. ICO smart contract code on GitHub will be public and available for audit by anyone.
unfortunately i think there is nothing more. there aren't any milestones they have to reach before they can use the collected ico-money.
investors get their tokens. thats it. they don't have to deliver anything. and i am quite sure that they won't.
i learned my lesson. i won't invest in ICOs without something like this in the future.
Escrow milestones
The release conditions process will be 30% release at the end of the crowdsale.
30% at the delivery of the beta wallet and first API Cluster.
30% At the delivery of the beta validator.
10% at the delivery of the plugin system
investing in an ICO without escrow is a suicide. they had to oust him in order to get their lambos