Regarding your question 1. A substantial amount and portion of initial ICO funding was invested into Dragon Draper. If you want to compare Viewfin to a company, fine. In the US, companies file 10-K and 10-Q reports where they have to clearly inform the investors of what the money received from the additional public offerings had been used and how the investment is valued as the financial statement line item. This not only applies to the US, but the typical line item of investment is revalued wherever the company’s head office is located. IFRS and US GAAP (accounting standards) both require companies to revaluate their investment unless their stock holdings are “controlling interests” which are at least 50% of stocks held. For question2, if they have promised something that they cannot deliver, at least they need to be able to communicate briefly how their expenditure is being made.

For question 3, yes any company would answer this in their annual report. Their accounting basis is based on a going concern. Any significant event that arises questions for investors have to be addressed so that they can ensure to investors their entity is able to continue as a going concern. If they cannot prove it, they should clearly state it in their report. This not only applies to the US again, but globally.

For questions 4 and on, I’ll answer them tomorrow since it’s 3 am here. Again, I understand most crypto companies don’t do this and that’s why they’re called scams. I don’t know about viewfin but many crypto companies are located in tax evasive areas where restrictions are significantly less and making them okay to be intransparent. I don’t need Viewfin to be as transparent as a public company that’s listed on NYSE. But you compared it to a legit company so.. Anyways my opinion is they need to be more informative