Usually people go towards nice images. My opinion about this project:
- this announcement looks pretty bad,
- coin logo is just a nightmare to be honest,
- it
looks like they just want to get ETH and run away with it (send us ETH, we give you our worthless, coin),
- their pool, linked on their page, is not working right now,
- you pay 1 ETH for 10000 of their coin - it means you pay $0.065 for virtually nothing,
- "we collected 8 ETH so far but spend 6.6 ETH for marketing so far." - what is that 'marketing' they are talking about, because they didn't even 'invest' in this announcement,
- no pool seems to be interested in this project,
- they want to sell tokens in April, and start creating the 'real' (as they wrote) coin in the same month - I just simply don't like that,
- they want to get on exchanges in August, start the marketing campaign in September and get the price of this coin to $50 in December (wow?)
- company`s logo - holly molly,
- their company`s main page - HOLLY SH... MOLLY.
On a final note interesting thing from their coin explorer:
Wealth Distribution:
Amount (RECO) %
Top 1-25 7354900.09800000 203.46
203%? Absolutely legit!

Your points are legitimate if you've never heard of cadkas. If I didn't know of the company previously I'd be thinking exactly the same thing. They have been in the software development business for years, small team and yes the site is certainly outdated. I've used their PDF Editor for years and and recently purchased their latest version - note I rarely buy software because I can code most things I need (plug PeerHash) - however this is so useful for annotation and merging splitting pages it was a no brainer for me.
I believe this is their first foray into blockchain technology and personally I think a reference line does have merit for the tracking of crypto payments if you so wish. The wallet has a built in miner and I tried it on my Virtual Machine PeerHash test bed and mined 100 coins on a 3 CPU allocation in about 15 minutes. i wish cadkas success with this product however @cadkas listen to people's feedback here as there is an incredible community at BitcoinTalk that will support active Devs.
@cadkas the blockchain explorer has some issues and the mining pool is not allowing people to register