... that posting a picture of a bunch of cut out newspaper articles spread out on the floor might be considered good PR for a lemonade stand, but is surely damaging to investor confidence in this thread.
When people demand updates before they are ready, this is what happens. No, you can't have your cake and eat it too.
Let the man work please.
I think this is an 'OK' interim update. But really, 'the man' should hire 'another man' to do their outreach/PR.
Hell, if I was a bitcoiner in Cyprus I might even offer to sign an NDA and do their PR for just a minor equity share, thereby costing them nothing pre-launch.