There are around 10-15 mil ELP coins minted at this time, and I have 10 BTCs to buy all that hit my price
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
You have to assume thisnewcoin is sitting on about 5,000,000 ELP at this point...and there's no way he's going to sell at that price. The guy is so greedy that he's willing to screw over everybody that has invested in this coin, including himself, before he'd give up his premined shares of ELP. He doesn't care about services or adding value to ELP; the only reason he even released this "updated" client was to make it appear as if he isn't completely useless and attempt to change the subject. As a result, ELP will never hit a price he's comfortable with...and he would rather take all of his then-worthless ELP to the grave before doing what's right and saving this currency in the process. The irony remains that by not giving away the premine, the ELP he premined will become worthless (it essentially already is at this point.)
I hope you ELP supporters are at least getting paid off to act okay with being (obviously) screwed.