I see that this bounty thread is already closed. Don't know if they have enough applicants or something else is happening?

I agree that nobody should advertise questionable companies/projects/businesses and for sure before applying to such campaign, every member should do proper research, not only blindly look at the money offered in return for posting.

I found this account which belongs to Coinsclone, but from almost 2 years is not active (https://bitcointalk.org/index.php?action=profile;u=1347625).
We can clearly see that this account advertised Coinsclone.com very aggressive from the beginning in literally every published post.

It is not easy to find detailed info about the company behind this service and it should be easily available information if they indeed are working with so many exchanges around the world.
I wasn't able to find these exchanges which are running on their software either and it should be easy when there are more than 60 of them, as they say.

Even if they provide reliable info about the team and company, still this service is very questionable (at least security-wise) and reviews from established clients who are using this soft are needed to be able to confirm that this is not some sort of scam. Only this thread and what OP found about them is a big red flag and needs further checking for sure.