Copy/pasta from Reddit:

I have chased the elusive TekSystems a third time, as I have yet to receive confirmation. At this stage I'd say it's safe to say they aren't willing to divulge the information directly, and we must rely on blind faith.

Personally, if it were my face on their website - I would want to make certain that people were aware it was a legitimate project, as to not be guilty by association. That said, as they're hired help they certainly aren't at liberty to provide me any details unless instructed to do so. That's not to say that the project is an out-right "scam", but just another one of many "holes".

Throughout there have been many inconsistencies, dubious happenings and a complete lack of professionalism; given the current state of play and regardless of what the team thinks of my views/attitude - I still firmly believe the onus is on the team to diffuse the situation, but alas thus far their attitude has been "FUD Campaign" muh!

When in actual fact, it's more a case of concern and highlighting the holes that the team created all by themselves. Moreover, the holes have been so glaringly obvious that it was inevitable that someone was going to call them out on it.

I've relayed these thoughts to Edward the team "advisor" in private, and I know there's a few dedicated people still holding the team in high regards - but genuinely this campaign as they like to refer to it, has been nothing more than your own doing. Regardless of your cavalier attitude stating "investors" don't matter, we have no say etc etc - the contempt you hold and clearly demonstrate for any potential users of your project has been evident throughout - so it is no wonder that when you make mistakes people are quick to point the finger.

Which is why you should be squeaky clean and cut the crap - instead you appear to have gone dark/stealth i.e. website/blog has been cleaned of all traces of previous wrongdoing and instant bans for basically anyone who dare question your project in any capacity.

There were numerous comments made in December 2017 by your own admin team regarding legal teams, MSB licenses, trademarks, Venture Capital funding which never came to fruition and when push came to shove it was absolutely clear that little of that was true.

The team created this atmosphere of contempt whilst luring people with statements of grandeur, so you cannot blame us for being frustrated when people are let down by your (in my opinion) half baked reveal and announcements. When you make promises and statements like you have in the past, which then turn out to be misguided and false you create problems only for yourselves.

EDIT:

In addition I note your new whitepaper states "privately funded" - quite comical considering yes you were, by naive prospectors like myself buying your token. I guess the crux is that you were for all intents and purposes an ICO by any other name i.e. you dropped tokens, played the market to up the price, sold tokens on the back of false hope and promises and only when you had the funds from "investors" did you suddenly acquire a legal team and actually begin the motions of setting up an actual company.