They have not given an update on the app as the appetite said. So, that is not surprising.
As far as the company is concerned, if you believe the company is going to be bankrupt, you can sell at 2 or even 1 at a loss. Otherwise, it is worth the waiting because it is going to explode.
Also, CEOs are not supposed to tell precise information for individuals about the stock. They can give hints but not precise information.