Wrong, the proof is that it's non existent as in NO NEWS, NO PR'S, NO ANNOUNCEMENTS. That's the proof it doesn't exist. You don't have to speculate on the lack of funding. Had there been funding we would know about it. Funding is not some blackened operative endeavor, any company that gets any funding that's publicly traded informs the public of that funding. Get it ?
Remember that overlypromotional and hype statements from individuals and companies are illegal. If you feel investors are being "rooked" contact the SEC.