The coin is not dead, it will just attract new miners as the price rises, assuming the dev team continues development.

With a max total of a billion coins, and entry points this low, there will be huge room for growth in price, as the alt-coin market is growing exponentially and they have not started their media campaign.

Basically, this coin just flash forwarded, and only the people investing and mining now will get the bottom floor prices, then it will go up. It can't go much lower than 3-6 sats, right? So why not buy them while they are available and keep hitting the vote button on Mintpal. Dev team keep up PR and marketing alongside charity campaign.

This has already happened in various ways amongst other coins.

The other suggestion I saw that made sense, if we were to Re-launch instead of hard-fork, was to set a pre-mine with the new coin aside to re-compensate early investors. Increase total coins by X amount to compensate for pre-mine allocations, and start over again.

When coins give you lemons.....