Litebar?

I know this isn't Litecoin, but what do you people think about this? It is based on Litecoin and seems like it is supposed to be an extension. 

litebar.biz

 

Litebar has no relation to Litecoin as far as I know. Litebar is a digital commodity (silver) where as Litecoin is a coin. It is similar to Bitbar which seems to be the digital gold commodity to Bitcoin. So in a way it makes sense to have a silver equivalence to Litecoin. Read more here: https://cryptocointalk.com/topic/4895-litebar-ltb-information