What is it that prevents the altcoin guys from finishing the web wallet?
Obviously it has to do with their contract being extended, whatever that might mean.
Does it mean they don't have the time anymore or is it that they are forbidden to continue?
That is all speculation. I can not tell you. But it is the truth. And to the comment above... A third party first needs to check what is done and how... That needs as much time as starting from scratch and is perhaps even more difficult. We can not say what is the status and is everything correct. (security etc..)
But we found a really good dev that seems to be very good in what he is doing and he already has experience in webwallet... Especially security aspects.