This thread has been created back in Nov 2014, so its basically 4 years old. Alot could change in 4 years.
My guess is back in 2014, the admin was single and now he most likely is married with 2 kids and doesn't have the free time anymore for this site. From the discussions here, he isn't scamming anyone, just makes you wait a very long time to get your withdraw to get sent.
This reminds me of a vehicle a friend of mine has bought, he bought a vehicle with a bad transmission and it actually came with a replacement transmission with the deal. The guy asked why don't you just install the new transmission and sell it that way, and he said he had a bunch of kids and has virtually no free time anymore.
So this is my guess what is going on with the admin.