MS is still operating. They have lowered their expenses. As long as they are providing a service to their customers we don't see any reason why the MS fund should be closed.
Any proof they're still operating?
You're an incredibly shady exchange. No vetting of new IPOs, no recourse for fraud (NEOBEE), and no de-listing of failing businesses (MS).
MS is in constant contact with us by phone the same way you can contact us by phone. We answer all phone calls and concerns. Judge us as an exchange not for companies that are start-ups and have a very high rate of failure in the real world and in the Bitcoin world. Havelock is a crowd funding platform denominated in Bitcoins. We do our best to protect both the companies which list with us and the users of our platform. If you feel that we can do better please feel free to contact us and provide us with your input.