This is literally perfect play story for every bounty hunters around the forum. Yes, this is what happens and this is what the sequence is.

Currently there are more than 15 to 16 bounties in my pending list who are yet to pay me off but guess what its been ages since the ICO started and ended. Lolz.

These people will always lure you with quick rich money style and will never pay us. Sometime I start to feel that it is the same team who is running more than 100's of bounties and looting everyone on their campaigns. It's real shit man.