Ukyo has made a lot of promises. I've talked to him here and there about his plans for the ukyo.loan funds.
Like others, he has told me he is working on a big project but I know even less about it that other posters here seem to.
He has said he would be posting here soon with a status update. I can understand why he avoids these boards, but we, as creditors, need something.
The big question is how long are we willing to wait?
At some point his biggest creditors are going to sue him forcing him to pay up what he can and declare bankruptcy to get rid of the rest.
I hope it doesn't come to that, but it really is a question of how patient are we willing to be.
Does ukyo really have a big project that will enable him to pay off the debt by the end of the year (as he has claimed) or is he simply living off of all our bitcoins?
Personally, I think we deserve more information from him. I have had an awful hard time contacting him recently and have a lawyer on retainer if it seems like he has abandoned us. I am trying to give him the benefit of the doubt but I am about to start the legal process in the meantime as he his lack of communication is leaving me no other choice.
FWIW, ukyo owes me >250 btc presently. I might be his biggest creditor. I'm not entirely sure.