I have been a cloak supporter since PoW and the devs have been active here and the whole projekt sounded great. But now with this info I have sold of most of my cloak holdings: http://pastebin.com/3KzxJxFA MrRGnome made the audit. And "The development team has insisted in taking shortcuts at every turn. It's a mess" "I wasn't left with much choice but to whistle blow". I really hope the dev can come back, but I just cant risk my money... 

And now none of the devs is in the IRC to answer for this...