Agreed, the utter silence coupled with the lack of any solid evidence that work is being done sure doesn't make an investor feel very secure...
If this truly is the solution to avoiding PR problems, it frankly isn't working.
one click on anything that's not labeled as "BitShares" or "Master" , you'll see the code .
"BitShares" is only part of the "Bitshares Wallet" . "BitShares wallet" contains QT-wallet , web-wallet , Bitshares , FC ...
Also in every single repo , "master" is only one of the branch , those on-going process is on different branch such as develop , test , etc ...
And I've seen some proof that work is being done this week on the forum , guess you missed the thread .
An 5K USD bounty was issued by Bytemaster to solve a high profile feature regarding encryption , and a developer named PC is making good progress on it .