Well, I think you are 1000000% right on this.

I have been pulling small bits out over the last few days in hopes that I could recover the 5LTC I had locked up in this oubliette of an exchange.

I've hit the bottom it seems, the last .02LTC never made it out.  But, you know, if that is the price I pay for hanging in so long, so be it...

good riddance, coinex.  I really hope you, and those than still support you, make it out of this in a good way.