Vaultcoin is already in use, here. Bad luck by the sounds of it. The old saying goes "If all you had was a name you didnt really have much at all'.

With two exchanges in the pipeline and an earlier release suggests this vaultcoin team more far quicker and more efficient than a mystery Vaultcoin team who were unable to release an alt.

This is a reason for me to keep mining. These guys can do it quicker than someone claiming to have something coming.