I can't respond to where the money went as only the founders have this information.
What I can point out from the extract of your most recent post below is that, what was later renamed Ek Labs, is supposed to serve as a research and demonstration facility. After being open for over 6 months, it clearly is not being used as a demonstration facility and actually appears to be operating, if you want to call it that, in great secrecy. If Frisbee is not an insider (and I don't know one way or the other which he is), he will discover this for himself.
Extract from LTE Post:
<<In January 2015, Central Florida Institute
of Science and Technology, Inc leased office and
warehouse space in Longwood, FL, which will serve
as its research and demonstration facility.