So a coin that has supposedly been in development for months, but devs can't say anything for the last 5 days because it's a holiday weekend.

Devs fuck original investors by asking for 2nd IPO, which drops price from 800 to 200.
I was an original investor. Not fucked, I got way more profit than I asked for. However people pissed dev out so I got out when prices were high, which is why I think dev give up on this. Officially I think this coin is Dead .
Seems like a repeat of the Aircoin fiasco run by a group of students from Chicago School of Economics.
They had big plans but couldn't handle the FUD and didn't have any funds behind them to keep their promises.
Ran away and left all the investors out of pocket.
These students have no skin in the game and drop it like a hot potatoe when things don't got the way they expected.
If I see another coin that even mentions a US University I'm staying well clear of it.