I agree, LCC will be pretty much worthless after everything is dumped and it won't recover.

The only people who made profit out of this except for the devs are the guys who held their LTC on YoBit at fork time
and therefore had their LCC credited directly to YoBit. These guys were able to sell it at a good price, up to $ 9.99
absolutely, to have held any credibility at all, the devs would have kept that pre-mine (not that that would have been anyway less shady as the way they are doing it) in a single address and not moved it.. the longer it sat there, the more confidence it would have instilled in the community who are interested in adopting it.
for the record.. I have mined a small amount and I have a few in the LCC wallet, so even though I am not entirely optimistic about the project, I have invested in it.. and therefore my questions and concerns should be taken on board by the development team, and answered.
rather than 'i'm too busy atm'
shady.