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Looks pretty scammy to me...no links to actual apps produced as far as I can see.

Update: via the "press" link you get to articles that show apps. Mostly free, low single digit total reviews...low ratings.

The tips tl;dr:

Know good people Don't waste resoureces

Plus interstitial ads? really?

also sounds like development was outsourced. How exactly do you do $400 worth of development.

some good advice otherwise