I actually decided to read the terms and conditions for once.
Not only does the app permissions list All Device information(they don't state how much exactly? phone #? IMEI?, Your Google Login?), it wants complete access to everything on your SD card. Store photos on SD? they have permission to collect and upload that.
In the T&C's it states:
1) They may change the T&C's anytime, and your continued use of the app is your agreement to whatever changes they make, even without having you re-read and accept. mod edit, masked profanity removed
2) What made me uninstall the app instantly... they can collect pretty much anything on they device they want in order to "improve the app". mod edit, masked profanity removed
Perhaps my tinfoil is on too tight, however I'm sick of companies pushing you to accept to give them your private information that likely has nothing to do with their service (app) so they can better track and possibly sell MORE marketing information about you.
You bet your ass that they sell your purchase histories to marketing companies.
My opinion: Avoid this app.