This period is the very foundation building of the

This period is the very foundation building of the company, it has to be done right for the long term protection of all concerned. There is no lack of candidates to partake in the funding but the question is are they the right ones. Overly aggressive investors will only cause havoc later on as the company grows beyond the phone app. Funders are often egotistical unrealistic sharks that expect everyone to do it their way, that is not going to happen in this case. Dr. Chalk has a well laid out plan for the future and someone can either join in with the terms that are laid out or they can move on. These are busy days of negotiations and meetings and if the right group is found (if not already found) it will be announced. Not sure where the June 20 deadline came from but from what I can gather the future seems bright for the people working with the company.
Faith trust and patience is required, we are at the forefront of the cyber security revolution in my opinion.