Seems there is a string of new coins coming out that are all 5% premined. look at

http://www.shopcoin.info/
http://www.industrycoin.info/
http://investmentcoin.org/
http://www.pastacoin.info/
http://www.beercoin.info/

all are 5% premined. i guess make enough coins and if one is a success dump out for profit.

i'm not mining any coin that has 5% premined by default..

ooh and is this coin congen.io?