Whales Market founder: Future plans to transfer remaining pre-sale funds to the public wallet and partially compensate GM investors for losses

Whales Market founder dexter released the following statement on X: "gm.ai suffered a series of mismanagement, wrong (and unfortunate) timing, and most importantly, poor communication from the team. Today we take responsibility and promise to provide investors with a complete path. For the record, we have developed projects before, and all the funds raised from investors were used for development. In addition, at the same time, the team has hardly sold any team tokens from these projects-all of which can be proven on the chain. We even have such an example that when a failed project closed, we refunded seed investors "out of pocket". If you are one of our past investors, I hope you can at least kindly confirm this. The above is not an excuse to be disappointed with gm.ai, just a glimpse into our past behavior and emphasize the fact that we never intended to deceive anyone. Now, for gm.ai, in addition to the funds used to develop the project, the team or founders have not cashed out or "exit scammed" any pre-sale funds. To better solve this problem, we plan to transfer the remaining pre-sale funds to the public wallet at some point when we start the compensation process. The pre-sale was in 3 The launch of GM tokens in May, when pre-sale hype was at its peak, was admittedly a double-edged sword. Right at the end of the pre-sale, we started building, and over the course of 5 months, the team tried again and again to deliver on our promise - an AI project, and a potential SOL product ecosystem. We have built AnotherUs, Intent.Trade, gm.fun, and the gm core model that drives it all. None of these products found a PMF, which is one of the reasons we kept delaying the token launch. We were under a lot of pressure, so we hesitated. The token launch was a garbage show. However, it is a false accusation to say that we took the money and did nothing. Regarding the investor compensation plan, going forward, we believe there are at least some options to partially compensate GM investors for their losses. We will share the full details this Friday. ”