Who are you? You seem to be somewhat emotionally invested in this organisation aside from your financial investment with them. How are you privy to all this insider info from Cointerra?
I can vouch that Jez is who he says he is. I'm an angel investor in CoinTerra and am in regular touch with him and the other angels. Based on all my sources I also have every reason to believe tape-out happened when announced. (My full name is Tuur Demeester)
For those that don't know much about angel investors:
http://www.go4funding.com/articles/angel-investors/the-pros-and-cons-of-using-angel-investors-for-your-new-business.aspxInvolved in high risk investments
An angel investors capital in a new business is considered to be a high-risk investment since the new company has not yet established a solid track record of success. Since they often provide the initial funding for a new company, it can be quite difficult to determine if their invested enterprise will be successful in the long run. Despite the fact that most new businesses fail in their initial years,
angel investors tend to be quite optimistic about their investment choices and often request a large amount of returns to counterbalance the risk.