Oh man people are actually paying for shares of this? Really? Another POS (Piece of Shit) PoS-only coin? 4 days of IPO purchases and distribution? I wonder which scam this dev just finished up before starting this one. Silkcoin, perhaps? Yellowcoin?
if there are people actually buying the shares, its only a select few people, probably with the money to blow. other than that, its sockpuppets, and fake investors.
You can verify the shares issued with the IPO BTC address.
Very fair concern all things considered though.