Bitcointalk really needs to regulate scams like this, it doesn't just hurt some people. It hurts the whole BTC community and its credibility.
BCT really's gotta get rid of fudders like you...
I'm not a FUDder, I've seen enough scams like this to know one.
I've lost BTC also because of scams like these, when OP stops posting and disappears don't say you weren't warned.
I know a lot of people are trying to get rid of their shares before it value goes down more, but reality is this was a scam all along.
^
He's not a FUDder. I've also seen just too many scams recently at BCT and the majority come from the so-called 'free distribution crypto' world.
Now free is no add-value (think Linux), so ask yourself where does this coin get its value from?
I've already said it; the distribution was more than haphazard. Some have coins, others have to wait and wait, some even buy it... and then a major developer drops the project. Why??? First of all who are these guys???
Its getting crazy in here.
Sadly, it is getting crazy and more since summer.
Confidence in altcoins is being hurt because of these types of things.
I hope no one lost too much on this.
I'm very disappointed that you now have resorted to FUD as you used to be a supportive member.
This forum has become so ridiculous that even when a dev gives a coin away for free, people still accuse him of running a scam.
How is this a scam exactly? Oh yeah, the dev has been dumping his shares. But I just read a post where the dev asked you to go check the balance of the original account which sent the RSUs to everyone? Did you do that? Of course not, that would require effort, while it is much easier to just make up stories.
ReserveShare is not to blame here. If you want to blame someone, blame Badam. As ReserveShare said, he cannot force to make Badam continue developing the wallet if he doesn't want to.
I can tell from the dev's description of the events that basically Badam got in over his head and was incapable and/or unwilling to continue working on the wallet. I find it hard to believe that he agreed to come onto the project just a couple of weeks ago and then all of a sudden work and life issues overwhelmed him. I have heard that excuse many times before and it just means that when faced with a challenge, he decided he couldn't be bothered, which quite frankly is par for the course nowadays.
If you don't want to be a part of this project then sell your stake and be done with it. Go invest in VPN coin or some other crap Scrypt clone coin.
The ReserveShare wallet is nearly done, I am confident he will find a new dev to finish it up and then it will be released. Whining and complaining in this thread and making accusations to which you have absolutely no proof will not speed up the process.
Listen, it's not a straight scam but it is some type of "Get Rich Quick Scheme".
I was supportive but I started seeing that when deadlines arrived there was a new excuse.
Now this is the excuse they have?
By the way, I sold and bought back in at 2 NXT at one point and even bought extra.
I've been through many of these "free coins" here in BTCtalk, I can't be mad at the OPs that decided to abandon ship once they made their profits.
Not at all because I made profits myself, and I can't be angry of someone who just gave me free money.
If anything I am here to warn other people not to invest their hard earned money anymore as a project is starting to end because OP has made enough BTC.
But if you got your shares for free, then by all means please support OP and maybe one of them will turn out to be legitimate.
One good example of these type of "free coins": GroupCoin (the guy even put up a picture of someone to provide "proof")
Remember SmurfCoin? I was there also, how about BTCTalkCoin?
The only one so far that has come through for me has been KTK, at one point I was skeptical but KTK's dev has shown himself to be reliable and that he actually wants to make it work.
Don't be disappointed, here in crypto world we need to watch out for each other and the newbies coming. We need to warn them of potential dead coins and dead investments. It's the right thing to do.
edit: I would like to remind everyone of the famous UtopianFuture who started NEM but later was found out to have multiple stakes spread accross multiple accounts. So even IPOs are not immune from someone making multiple stakes in order to not be found out.
surely Dev was trying to pump so he can dump his coins. 
