Just a thought but if they are converting VOX for equity, there's the liability to the investors? Seems like more hassle and risk than it would be worth for this to be a scam.
Vox is not a scam. It's just a project with poor communication that went downhill at some point. However, if Voxelus makes an effort to be more open with the community (they're admitting they have a problem at least, check out their latest twitter post) and deliver on their promises, I believe VOX has a future.