I am not ready to call it an outright scam, but this is extremely frustrating and exactly the reason why I started cryptocheese. This is very unfair that bitcointalk pretty much lets anyone announce an altcoin without any sort of checks. I am sure there are some people who are down thousands of dollars and are anticipating a new wallet but as soon as release is imminent there is a delay of some sort.

I urge everyone to join my forum to hopefully get this mess of seemingly most alt coins being a pump and dump and then abandoned. It is harmful to the crypto currencies out there that are trying to build services and a solid community around their work.