Yes, bad things happen in both enterprise and open source projects. Yes, it can happen we all know that. There is no answer to that problem even at huge corporate institutions.
Having witnessed the growth of this project over 1.5 years, I strongly believe in it.
Also, I think my posts are very witty and intelligent. Not spam at all. I am honestly just excited and finally have time for this project. Thank you.
Wow Joe, really pumping out that spam! Keep up the good work!

Is this what you're trying to hide with all your spamming?
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.Or maybe all this:
Status of Lannister and the ICO funds http://archive.is/zoyYa
April 15, 2017 by Unvoid
Lannister is gone. ICO funds are gone. We dont know why. We dont know if we ever see him again. Its not like he took all the funds and run away because before disappearing he rewarded some of community members with some BTC for their work. He mentioned that he have some health problems also. Thats all we know now. Now they have ANOTHER anonymous dev (surprise!) who could just as easily do the same thing. For all we know it may be the same guy.
Their original launch was also extremely suspicious and the creator of that thread has disappeared mysteriously (noticing a pattern here?):
Agreed this is one of the clearest examples of a scam I've seen in recent times. Well done for trying to warn people about it. It started with a newbie account whose real-life name was supposedly "Lionel Keys" posting as ElasticCoin. Immediately a few of us pressed for some kind of info to verify his identity (given it was an ICO without escrow), which he said would be coming soon. In the mean time I began finding Evil-Knievel's behaviour in the thread extremely suspicious. He wasn't (publicly) in charge of the probject at this point but from the start was shilling hard (talking about how much he'd invested) and answering the bulk of the questions that were intended for the dev. It was obvious to me he was involved with the project whilst pretending not to be.
Every post from the ElasticCoin account was subsequently deleted from that thread (presumably when they realized they'd messed up and that there was no way to hide how shady the whole thing was), Lionel Keys disappeared (abandoning a project he'd supposedly spent months working on and preparing) and Evil-Knievel suddenly emerged as project lead.
I haven't enough time to dig through it, but here's the original thread. Evil-Knievel has also deleted every single post he made in that thread, though enough of his and ElasticCoin's original posts have been preserved in quotes in replies to show you what's going on here.
Deleted original ANN:
https://bitcointalk.org/index.php?topic=1362006.0 Actually, the answer is simple: Transparency.
Anonymous devs = no accountability. They can dump all their shares, take all the donations, and disappear any time. Then they can do it again with the next coin.
That's why exchanges like Bittrex don't list coins with anonymous developers anymore.