I'd hate to bring water to the mill but I'd like to respond to concerns.
This isn't or wasn't a scam. We aren't anonymous guys. Funds were spent where they appeared required.
And we were INVITED to "those fancy events" they didn't incur huge expenses. I almost regret sharing the pictures the events, but I don't (:
The project got industry attention. Delivery is what is missing. Luckily Troopeers has started being demo'd. We'll soon have the metrics (users, income, eyeballs) required to move onto the next phase.
Ben is correct I'm not at the helm, I initiated the project and a week later, Daniel introduced me to Eddie, PeerTracks CEO... possibly reptilian.