@ NakiRR
Where is this "rule", which makes it impossible to refund investors, coming from?
If until today they haven't spent a lot of the funds for their project, it should still be available on their wallets. And if they have full access to it, they theoretically could refund investors maybe by about 90%...i don't get it where the problem is.
Still waiting for an official giving a statement to this.
I'm not a lawyer, but as far I know now the refund depends only on their desire or perhaps, a collective lawsuit against them will force to do it.
SADLY, in german law there is no way for a collective lawsuit. Everyone has to set up his very own lawsuit on it's own....
But maybe there are other ways to achieve a somewhat similar case..
Dunno, i have ideas and hope to be able to get them up and running, exactly for this type of mess..
hacky
They should have agreed to refund those who want out right after their PR-Stunt. Now it may be too late and probably it would need a gathering of Investors to convince them. I don't believe they will ever agree, probably not even if 90% of their Investors would demand that.
But sure, it still would be the right thing to do and it would be in the Interest of all Investors, because those who would be refunded would not have to dump on exchanges. And Savedroid would have to burn refunded SVD's of course, to reduce the total supply that is overvalued either way and would also be overvalued if they wouldn't have done their PR-Stunt.
Question really is, why it should be right that they have the real money safe while those who believed in them sit on tokens after all that and can't even move them.