I agree with you. When the project starts with such a lies, think that spending time and money on it is a silly idea.
Understand that all developers want to make money in such a market, but there must be some limit.
Hi Syndrome,
Our project has been publicly available since early march and been promoted since then too.
we've had coverage from national fintech organisations and from twitter accounts with over 4000 followers.
As mentioned to CJ, the stats in the block explorer reflect the addresses directly interacting with the network.
Our sagepool address ends in "6d" and under that there has been over 15 individuals participate in mining since launch before using the bitcointalk forum.
We had an initial community forum page on cryptocurrencytalk but unfortunately we didn't have much interaction which is why we moved here.
Hope this helps clear up the situation,
Adam