I do find it amazing that we are having issues with the fact that this coin is pre-mined. If anyone who has quoted the pre-mine amount had some comprehension of what is going on here, the issue as it were would not be an issue. but that is the problem with something new. people will fight to understand it or opt not to understand it at all. You can not back a coin without pre-mining it. you can not back something unless you HAVE it first. It is really not that complicated. The other part of the problem would be very few people have even read above. they log in look at the pre-mine and wig out. little do they realize what this coin is or the amount of money they can make by owning it. before you post at least read what the coin is. If you are ranting about pre-mine it simply means you don't get it. 
Where have you been the passed two months?
Sadly even tho I believe a slight premine is required to maintain the coin, 94% is just too high. The potential of scam is way to risky given the current situation in altcoin industry. Also the claims made by the devs are pretty much loose, see below..
How can the dev claim the coin is worth 2.X $? "It's back by silved" or so he says.. It's not even being circulated yet, and AFAIK I don't think the developper bought enough silver to back this up.. a total of 120 000 000 coins at 2.83$/coin would mean there needs to be 339,600,000$ worth of silver to back this one up.. nonsense.
PS: By the way you have 7 posts.. I think you are the one that have no comprehension of what is going on here..