We have a 100+ page thread at LitecoinTalk that is un-moderated and contains the entire history of operations: https://litecointalk.org/index.php?topic=3126.0

Feel free to research the company and offering, and decide for yourself if its a money grab or not. Better yet, visit your local Micro Center (if in the US) and ask for our products. See if you think that having a huge retail presence there and elsewhere is worthy of investing in the company.