I think the team behind the development of ethbits are unqualified for this job and they are trying to get things done, but they aren't able to.
IMHO, i feel this project is dead (:
It's dead because right I still cannot find where this new token being traded.
I have a big of it in my MEW and still holding it hoping devs will work hard to at least give us the ICO price of ETBs.
It's not dead.