Yes, confirmed.  

I think about 60, but what matters is activity. Activity is the same as posts when you make on average 1 post a day.

Every two weeks since sign up, the maximum activity you can have increases. It can never be higher than the number of posts but if you make too many posts it can be lower than post number.

Same for hero member and other ranks. I don't know the activity number but I think for hero its about 450 or close to that judging from other accounts I see here

The share system is in the ANN:
Brand New - 1 share
Newbie - 1 share
Jr. Member - 2 shares
Member - 3 shares
Full Member - 4 shares
Sr. Member - 5 shares
Hero Member - 6 shares
Legendary - 7 shares

Early participants received x2 feature on forum rank shares.

The Current LCpS=3.67 LC per Block, with a total of 342 shares.

***General update on the Wallet - ANN update and prelease countdown will be released soon***
We have receive the wallet. We are currently checking the nodes to be running correctly.
Premined LC balance will get created/moved to secured addresses soon. Addresses will get public after LC transfer.

Here a short look at the first wallet version:

There will be an updated version 7 days after public release. Logo contest will be over then and we will implement the winning logo. Homepage will be ready soon too, we will link all the Logos from contest there. We want the community to decide which logo is the winner

This project have been abandon by his creator not enough participant and due the fact im not the create and i just admin here i cant have any source for the coin im really sorry maybe the dev gone comeback with good news who know

Mine it - it's like faucet at this moment.