The BNK price plunged as expected. It is a short term trend, until people find the small yet steady trickle of ETH dripping from the coin, which is a bonus in itself.

I do believe that the project is poorly managed. I do not know how do they call it in business circles but it basically suffocated when expanding. Exhibit 1 - number of spectrocoin emplyees  https://rekvizitai.vz.lt/imone/spectro_finance/darbuotoju-skaicius/ (You will see the exact point when this project lost its proper social media support). Expansion is one of the most difficult business cycles and I do believe Bankera is suffering from a string of horrendous decisions. Why did they list the coin on hitbtc prior to launching their own trading plaform? Why is social media so poorly managed. It does look like a company managed by engineers, who are a bit optimistic about their own abilities, and very bad at communicating with the public.

On the plus side - a new law on electronic money is in the pipelines in Lithuania, it will be both very liberal and transparent (so - it will be not a garage type operation, but an entity working within a legal framework, which will give people who invested in the company reassurance.). Kegal grey areas will be no longer there. Which is good for any long time investor.
Sooner or later Bankera will bring their exchange to life. It will boost the ETH trickle to BNK holders. And I do hope that Bankera/Spectro management will learn from their mistakes (one of which is paradoxically - to give very precise dates of their future plans, not rushing to please the anonymous and libelous commenters). Actually - with the capital you have, you can afford a seriuos business model audit from pwc or whatever big auditing company you choose. That would give confidence, which is lacking at this moment.