Just a suggestion: admit you based on Vertcoin. You're not going to fool anyone into thinking this is the first adaptive N-factor scrypt coin. What you can say, however, is that it's the first Vert clone.
As I already said, ALT is not based on vertcoin source code, but ALT uses vertcoin's adaptive N-factor algo, I don't want to fool anyone, but ALT just uses vertcoin's algo.