Is LH Labs a big scam?

I have equipment that I pledged for on Indiegogo over 4 years ago and all there has been in the meantime has been countless delays, unmet promises, more delays, more unmet promises, a revolving door of one company representative after another after another on the forms, etc.  The list goes on and on.  Check out the Indiegogo Geek Wave or Geek Source pages, or heck even LH Labs' own forums to see what people who have backed their disastrous campaigns are saying.  If what they have done to their backers isn't a scam, it sure looks and smells like one.  Does anybody else feel like they have been ripped off by LH Labs?