1.9% premine of 26,300,000 = 499,700
9,990 blocks at block reward 30 TEX = 299,700
The next 13,333 blocks at reward 15 TEX = ~ 200,000
The premine equates to 23,323 POW blocks which will take just over 16 days of mining to reach.
Use your heads people...
The vast majority of the premine will be used to recruit merchants. This will greatly increase the value of the coin and lead to wider distribution.