Since Steve's website remains unchanged and his v. 11 of ULTRA has been postponed for years, I assume he was unable to accomplish his objective -- possibly for health reasons that prevent him from meeting obligations to provide data and version updates. However, you would think he could at least have someone take his website down with an announcement and apology. I strongly doubt there is anything remote to an intentional scam. Steve may simply be the victim of his own unrealistic expectations -- especially due to the SEVERE completion from big outfits, free brokerage software and limited software programming skill.
Besides, I could never find one of his systems or composite systems that backtested as well as the one I offered subscribers to my defunct business.
After data failed to download three times in 2012-13, I emailed Steve and someone fixed the problem that couldn't be fixed by following his directions. On the fourth failure this Summer, I gave up asking because I no longer need the data to backtest my system for subscribers and find little or no value in his systems. (He wrote to tell me he had to keep his poor systems in the software because some people might be using them. I offered to sell him my system but he declined, telling me that "all systems fail." I beg to disagree, using a few of the best intermediate term price trend systems since 1976 having proven to beat the market averages very well in any given five year period.)