I agree - it seems like a good holding strategy to keep our hopes alive and forestall more aggressive action.  

In the circumstances I do not understand this forgiving attitude from other people posting on this forum.  
I do not see any future for BIPS / Kris in the bitcoin community unless our balances are restored or at a minimum he comes totally clean and offers some recovery or a way to recover.  

These are our bitcoins. We trusted BIPS/Kris when they provided a consumer wallet.  BIPS were listed on bitcoin.org.  I do expect redress or at the very least a frank and open statement of the full position, something that has been notably absent.  

Just tell us the full unvarnished truth and set out a roadmap for recovery or recourse. Spare us all this smoke and mirrors stuff.  If the bitcoin are all gone and there is no hope of recovery Kris can at least have the courtesy be totally honest about this, provide full disclosure on what happened (including logs so we can all check where the coins went) and if he wants any future in the BTC community he can offer us shares in BIPS as partial compensation, fiat or some of his own bitcoins.