Now I guess we can look forward to another confused panic sell.
Why announce this now and what does it mean?

Will Invictus still retain the BTC donated?

What?

So this is a refund post snapshot. Basically AGS holders are still AGS holders and I3 will still receive the BTS from the snapshot while it was holding them. It doesn't change anything except all those who donated will receive their PTS back?

Weird ...

Does it help with some compliances?

Invictus would like to thank those that donated PTS to our Angel Shares campaign, but has concluded that we cannot accept them.  All 415,000 PTS will be returned to the original donors this month.

Invictus will still retain all BTC donated and has no plans at this time to return those funds.

Invictus has not been contacted by any government agencies, and this move has nothing to do with the legal position of AngelShares.