Joe:

That's what I thought too.
What I've found is that it sounds like a banjo regardless.
It's likely to be "dissonant" to "real" 5-string banjo players or even "real" tenor banjo players, but I'm only using it in casual settings and it sounds uniquely "banjo-ish" enough so that it adds some flavor to the sound of all the guitars in jam sessions.

LLOYD S