I think the issue or legitimate complaint some could make was that the presentations of Surge made it appear that it could always be converted to $1.00.

When the hype train was in full swing, the hype-men never pointed at the fine print. That is under certain conditions, if LeoStrategy is dissolved, then holders nominally have first right to convert Surge.

That conversion process does not exist in any code, or hard baked mechanism. To the best of my knowledge there has been no white paper detailing security procedures, or even wallet holders. To date LeoStrategy is operating on "trust me bro" procedures.