Kik CEO Ted Livingston seems close to refusing to launch social messaging, created in 2009 after Monday's news that the app is shutting down.
In a report of misdemeanor sent at first sight under the influence of alcohol, Livingston said he intended to leave the project, citing concerns about his ongoing battles with US regulators.
"Will I know I drank, but that doesn't talk about drinking, I'm [fed] with this shit,"
The intended recipient of Livingston's message is unclear, though the text proposes to be a member aboard the Kik William Mugayar.
"We will talk more in the morning for a replacement, but I declined," he said, adding: "1
Livingston deleted the message after receiving it from this reporter, also named Will. to clarify his comments, Livingston responded "without comment."
Livingston seems to be continuing to talk about who will continue operations after his departure.
The latest message shows a clear divide between Kik's public language in terms of of the case and the perceived backstage problem.
Based in Ont Rio Kik has been in a protracted battle with the U.S. Securities and Exchange Commission (SEC) for the initial $ 100 million coin offering (ICO) in 2017. Claiming that dealing with the SEC cost the company $ 5 million, Kik launched a Defend Crypto cryptocurrency defense campaign in May 2019 that received support from a handful of key players, however, a pitiful SEC complaint filed in June paints the company's ICO as a last-ditch effort by Kik to stay afloat.
Earlier on Monday, Kik announced that regulatory procedures had taken its toll on the company and that its flagship messaging service would be shut down Livingston announced that Kik plans to downsize to 19 major developers to continue native development Kik sign, KIN.
Kik CEO Ted Livingston via YouTube / Kin Ecosystem Foundation