The website also says 1-1,000,000...
I generally cringe at the people screaming scam if a coin is a second late on a launch, or if the slightest thing goes wrong.... however THIS is a blatant scam.
Agree on screaming scam, unless it's got some sort of IPO. I suspect the code didn't do what they wanted and instead of fixing/relaunching they are trying to change the specs to match reality. If they really premined .5% of the intended 100 billion then thats 2 years mining to catch up at 500/block.