I think that they are having bandwidth issues with their current hosting service provider. I do not think the outage is caused to defraud investors since it is far more profitable for them to keep the dApp running. However, what is unprofessional and worrying is the lack of communication on their part.
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I tend to agree, though other people are saying far worse than I am, I err on the side of caution, and good faith, time will tell, and I hope it works out for the better, unlike what others are saying, I still have faith, that what you say is the issue.