Unfortunately I believe you are correct.  It appears that the ICO investors were duped in what was likely a cash grab.  The developers posted a promising roadmap and made claims that they were already making plans with the big exchanges to be listed directly after ICO.  However, as soon as they got the ICO funds, they became extremely vague with all their answers and continue to be that way with every communication.  Even after encountering unexpected problems, an honest and legitimate project would provide an updated roadmap with a general timeline of new anticipated actions.  However, they clearly have no intention of doing this and it should be obvious to everyone by now that you will most likely not be able to trade this coin or cash out this year, and possibly never.  I would love to be proven wrong regarding all of this, but I don't think that's going to happen.  My condolences to all of those people who invested in this ICO like I did and have now realized that most of the promises that were made were lies.