Bitsyo has explained the situation very well. Ark tokens should not be confused with shares in an equity investment, such as voting shares in a company. They are use tokens to gain access to a network, and the Ark TEC was an exchange for these tokens. This is similar to a crowdfund for the presale of a product, like the Pebble Watch. Those who placed orders for the Pebble did not expect to be able to make demands on how the funds were used to produce the Pebble, or for transparency reports on how the funds were spent. Their sole interest was to receive their Pebbles according to the schedule and design specifications presented during the presale. Likewise, the primary obligation of the Ark Team is to deliver the product, a functioning network, according to the schedule and specifications announced in the exchange. Community updates on how the project is progressing, and even how the funding is used, are very good for public relations and keeping the community engaged, and we are providing them as developments warrant, but they should not be seen as something to be demanded as part of the conditions of the exchange.