I would say it is not a scam. I completed the LAHO buyback process. The buyback process is extremely slow. After submitting my paper work, it took more than 1 year for me to receive the proceeds.
Posts on the LAHO discussion board and the MSSV discussion board both indicated that it took 3 months to 5 months for the first group of LAHO stockholders to finish the whole entire buyback process. In 2022 and 2023, people are having a completely different experience. It seems to take multiple months for the paper work to be moved from one step to the next step.
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