I agree with you.  Depending on what day of the week it is, I go back and forth between whether it's an outright scam or whether it's just a staff of 2 or 3 incompetent people who are way over their heads.  Either way, it's not good.  If the team can't deliver on the promise of an exchange by the end of this month, then they damn well need to set up a swapbot and refund the investors that want out of this thing.  Bitcoin has only gone up about 8x since we bought into this project in May/June.  I'm pretty sure you can afford to at least give everyone back their original amount of money.  Otherwise, just go ahead and shut everything down and quit pretending that this project is just as legitimate as all the others that are already on coinmarketcap.