Hi, folks,
I sent these guys a support ticket asking for more information about what's going on. It seems strange to me that if they were bought that there wouldn't be an announcement on their top page, not just a message in their support center. Got no reply. Googling reveals nothing about the company that made the purchase or Ron James.
If it walks like a duck and quacks like a duck, it's a duck. this is a weird scam to be sure, but scam it is. Please don't put any more money in with these guys and warn anyone you know who's thinking about it.
If this was even a little legit, then they would be giving us updates - particularly about how long it will take them to release our funds. Poor customer communication, especially in time of transition, loses customers. Lack of interest in keeping us informed a) says they don't really care about us since they're not really an arbitrage business, and b) they're counting on us to keep hoping so we don't go ballistic.
I'm sorry for anyone who has lost funds, but I just don't think it's realistic to think that these guys are legit.