Jamparii - so, was it a scam, or what?

One year ago, I wrote about my thoughts on Jamparii, and I asked if it was just another scam.

Back then, Jim Tuffin, the CEO and founder, claimed that this would be the next great success within social networking. In a comment to my blog post, he also said that he did not want to involve professional venture capital, as they would require a high number of shares in exchange of their cash. Who would blame them?

Anyway, I would be very interested in knowing what happened to Jamparii, and their founder members. Do you know anything? Did you join? What are the prospect of getting your cash back? If you did not join, what where your reasons not doing it? Any news you have, please share!