I removed that post for technical reasons, the block explorer we had at the time was having trouble with the number of transaction inputs, it has nothing to do with dumping the premine, which I wouldn't need to do, because my personal holdings are significantly larger than 1.2M. That's what happens when you mine, buy, and build services around Rubycoin for 6 months. I actually purchased 250,000 today as well.

If this makes you uncomfortable, don't invest. If you decide that this isn't a deal breaker for you, welcome to the community, and come hang out on IRC with us.