I think the new leads in this project owe the public an explanation of the things that went wrong in the previous "iteration", and, more importantly, what steps were taken to ENSURE that this will not happen again this time.
I am yet to see this, just deleted posts and blog entries on THEIR OWN WEBSITE.
It's never going to happen. The fact that they delete posts is extremely suspicious. The fact that they attack anyone who questions them is even more suspicious. Guilty conscience, probably.
The new dev is anonymous just like Lannister, so he could disappear at any moment too. Major exchanges don't like to list coins with anonymous devs, so the price will probably never go up.