Hello, i am Alt-alarm, to alarm people from scam.

Premine is before the public are able to mine a coin, the coin can be mined by some people or group. Before the public can mine this POS PND (less than 2 billion coin left), a small group already premined almost 30 billion POW PND, before the annnouncement of the POS PND, this is why it has premine.

With such high premine, this PND is a scam comparable with the recent premine scam in Asiacoin.

As a conclusion, i suggest forum member do not touch this coin, after this pump, they will cash out, and the value will decrease fast. Some good POS coins with little premine or even no premine exist these days, i recomend to look at those coins.