It means that the ORIGINAL plan by the ORIGINAL dev was to distribute ALL those premined coins to the public for FREE.

Before we acquired the coin, the original dev had given away more than 1.5BILLION OZC to the public from the premine, and we have the rest of the premine still here. We have NOT touched the premine nor intend to. We are determined to do something with them, but yet to decide what. Consideration for the redistribution of ALL the premine, or the the sale of ALL the premine, or some other way of moving them has been discussed at length in the last thread, and internally. In fact, we are in the same boat as most with regards to the premine, and really don't approve nor like it either. One of the reasons we have not touched it.

We are ChainWorks Industries (CWI) - and Australian business that is in NO condition, legally or morally, to do use the premine for any other purpose than to keep locked away until a fair and equitable decision is made as to what the future will hold for this massive premine.

Once again though, if you are uneasy about the conditions set, don;t bother with it. We have had this premine sitting in the wallet for about two years now, and would have been VERY easy for us to dump the entire premine when the massive trading run started a week ago. We didn;t and we won't. We certainly DO NOT have any intention of getting the law involved here, especially since we are a legitimate registered Australian BUSINESS, and not just a bunch of fly-by-nighters.

Again though, if there is ANY doubt on your part, leave it be, as we have every intention to make sure that anything done, is done legitimately and legally. We cannot afford to do it any other way.

Have a look yourself at how long the wallet has been in cold storage - https://chainz.cryptoid.info/ozc/#!rich

#crysx