Thanks for bringing this to our attention. While we were ok with the original offer, we're not ok with them not following through and have pulled the ads for now. We'll let them know this is unacceptable.
EDIT
We looked into this some more on our end, and found that the landing page changed yesterday. Before that it was http://www.ppsg.us/mobile-developer-discussion-session-registration.html which is in line with the ad. We haven't yet spoken to the advertiser so don't know why they made the change without changing the creative. When we speak to them we'll also ask about the process through which they will reward people that participated in the discussion.
EDIT 2
We've spoken to the advertiser and have received the following clarification: Anyone that signed up through the original landing page will be contacted to participate in a discussion. As part of that process you will be asked to also fill out a short survey. The discussion itself will take about 45 minutes. So far 30 people have participated in the discussions, invitations to everyone else will go out in the next two weeks. Incentives for those that have participated will go out this week or early next week, and those that will participate will receive their incentive within a number of weeks of participating.
If you filled out the survey following the new link, which did not offer a way to sign up to participate in the discussion, and you would like to do so, email us at ads dot stackoverflow dot com and we will pass your info along.
Having verified all this, we think the offer (whether you want to take them up on it or not, much like any other advertisement) checks out as long as the old landing page is used. As such we've decided to reactivate the campaign, using the original landing page, and let it run its course.