To keep the smoke screen up, they had jody seemingly post that orders were going out. They had everyone agree that they wanted their order or a refund. Then they kept people in the dark about how many orders were going out each day. This is what is called blowing smoke up a customers ass.
Josh was forced to acknowledge that the [total] stream of 35 prototype orders came to a grinding halt no sooner than it started.
Now they tell people (new false hope) that they have an incredible 100 chips coming in "soon". Followed by unspecified "hundreds" "next week".
OMG, how people can be strung along with hope...
Excellent summarizing...
This is typical behavior of fraudsters. They spend peoples money to keep the appearance up that they are for real with prototypes or other parts etc. and at the point everything is starting to fall apart (i.e. too many refunds or not enough preorders) they disappear.
Acutally they used customers money to design and develop another Bitcoin hardware. The BitSafe hardware wallet. Who knows what's in that wallet. Maybe someday in 1-2-3-x years your money will just vanish from it