Also...

In the words of our pig, Dan:

"Yes I estimated 99k premined - but it was 130k coins - these coins will be used for bounties, and coin development .. 130k out of 17Million....

wallet addres of pre-mined blocks - XQXEFhfWZLTczMSwXWnhJ5y36KodfSnGCm
"

After a while the fucker shrinked the total amount of coins from 17M to 5M because of some bullshit excuses... while keeping the same 130k premine. What a great way of tripling your money, heh ? Anyways, these things added up and made me think multiple times before putting my hard earned money into this shitclone.