This topic is still an exploration phase to find out how much support there is for a LTC to X11 hardfork.
Scam? We don't accept money or LTC, there's no IPO and we cannot be bribed.
Our team is heavily invested in LTC and we want to secure the future of our investment, either by making progress for LTC or by encouriging the original developers to do so.
This is not a hostile takeover, without community support this will not happen.
But we want to make clear to the current developers that LTC is an open source cryptocurrency. They may hold a nice domainname or github, they don't own the blockchain.
put your time and effort into getting LTC bigger and more mainstream rather than wasting time to make it ASIC resistant for a bit longer. Dont fight ASICs, just focus on getting LTC to be THE currency.