Don't know from where you get the 100% premine

19.5% is in the IPO, 0.5% premine and 80% mining using the X11 algorithm.
this is 100% premined coin...20% for IPO and you still keeping 80% of coins in your hand?
ARE YOU KIDDING FOOLS AROUND?
This had to be FUD, but you never addressed it. I believe it was even mentioned more than once in this thread.
A proportional split of remaining coins probably would benefit investors more than the 1st option, and even more than destroying remaining ipo coins, since there will still be 80% of the coins left to be mined. Of course that is based on the idea the ipo won't sell out.