It's not a scam at all. It's that they never brought in enough money and there was not enough interest in the product. It ran it's course and they finally ran out. Now they need way more money than what they ever raised over the last 10 years to finish the project. Until they raise that much money, nothing will happen. Raising 25% of the required amount is a waste of time. They need 100%. best thing is they are in a position where they got plenty of time to get that money and thus the chances are much better than if they had a 2 year deadline to get it done or close up shop. Elio is doing fine right now.