Pegasus Vapor Academy PVA-40

[sikosam04]

Hard to tell what he's making, but everyone knows for sure at least $20/ea ($120 - $140) in the campaign and more for those doing the split payment option, but he's likely making a lot more cuz he's already stated that he's selling them "pretty much at cost"....which Randy also guessed to be at $30...which would be a very good guess. ($110/ea being actual cost?)

Plus, what you members are all forgetting....if he has 1000 of these boxes made and 200 are being released to everyone in the campaign leaving him with 800, who paid for the 800 boxes remaining?

This is what RandyF also brought up and why it's critical to know just how many are being made with the campaign funds. (1000 divided by $26K = $26/box) But if 200 of them are finished mods with dna's, then that price will drop even lower cuz you'd have account for the extra components.

If campaign funds paid for those 800, then technically speaking....everyone in the campaign would own those extra 800 boxes since your funds may have paid for them.

Peg explained that those "800" are not finished boxes. What does that mean exactly? Who knows...? No dna's maybe?

So he'll have a massive inventory of 800 "no dna" boxes that you paid for but he gets to keep for any future projects. And this where the $160,000 - $500,000 in speculation profits would occur....with Peg investing not one single penny of his own money up front. Cuz he'll use the profits that he gains from the campaign sales to pay for 800 DNA's to complete his remaining inventory...or at least that's what we're gathering from his latest video about the "800" extra boxes.

But like I've been saying since the beginning, I don't think that anybody would care as long as everyone knew that up front....and not near the end of the campaign and in a video trying to justify his plan.

So here's what you gotta ask yourself....are you okay with Peg gaining an interest-free loan from his "trusting followers" where he pays you nothing for your investment, he profits from the sale that you all purchased and helped to design, PLUS....he gets to keep an additional 800 custom boxes that you all also paid for which he'll make BANK on when they're completed?

If you're all okay with that arrangement, then great....but were you aware of it before you signed up?

Now, we can only speculate about what Peg's plans are for those 800 extra boxes, but he made it pretty clear that 1000 are being made with campaign funds, or at least that's how he made it sound in his response video.

Peg's already been invited to come in here and explain to all of you what's really going on....so where is he? Wouldn't you like to know what's really being done with your campaign funds?

Cuz he's the only one that gonna be able to tell ya....all that we can do is speculate based on his recent video responses.....since nothing "specific" about who's paying for what has been revealed yet.

and this is concerning you why??? you still don't get it, what if he has an extra 800 boxes and makes a profit as you speculate. we still get a box mod with a DNA 40 for $140.

 

[sikosam04]

I dont want to be rude,but we know your one of the 2%,so just be cool and wait for your mod,stop posting stupid stuff on here OK

really!!!!

 

[itskohler]

Why is everyone so concerned with someone elses profit margin? Unless that's not the point and I missed it somewhere...

 

[bigpineapple]

really!!!!

What you failing to see is not the fact he is making money,or that your getting (well we hope ur getting,we wont know for another 4 months) a cheap mod.
Its the fact that he is deceiving people saying its a family project - when actually its HIS project using your money,thats OK if your silly enough to fall for it but that Shinky dude is just trying to help people who dont like that,and im one of those people,I hate being deceived-understand?
Plus hell your one of the 2% who buy anything over the phone,people who dont research and just believe what the salesman says.
Why on earth wouldnt you wait and see the reviews first before handing over your money for something you havent even seen DUDE REALLY-JUST THINK ABOUT IT.
I dont even want to spend $10 on Fasttech until I see a few reviews.
PLUS PLUS PLUS by the time it arrives it probably will be outdated,Evolve has only been around a short time and already have DNA20,DNA30,DNA40 by April next year it could be DNA 80 with all the bugs fixed,what will that mod be worth then?
But there is no helping some people,thats why cold call salesmen make $200,000 a year selling rubbish,I bet they would kill for your phone number

 

[stanthemanchan]

Obviously his actual cost is not $140 or else he would not be able to do the bundle discounts. You guys are trying to make an issue where none exists. What he does with his profits is none of your business. The bottom line is that he offers a quality product at a fair price. If he sold the mods at actual cost, he would not be able to offer a 6 month warranty. Some of the money needs to be put aside for extra parts. Some of the money is going to pay for the time that he has spent working on setting this project up. Unless you actually believe he should be doing all this for free?

 

[itskohler]

If he makes an asston of money, and it helps his family, how is it not a family project? For all you know his kids picked the colors, his wife decided on the final design, etc.

All I see is chastising someone for their ability to make money. Pathetic.

 

[bigpineapple]

Why is everyone so concerned with someone elses profit margin? Unless that's not the point and I missed it somewhere...

Its NOT about profit its about honesty,being upfront,not praying the innocent who trust you and not being tricky saying you are helping the community,but really only helping yourself. Thats what we are seeing here.His channel started well and then after people start to trust he see's an opportunity to cash in.Thats NOT COOL.

 

[itskohler]

Have you ever tried to run a business, or anything remotely similar? A lot of companies shield their consumers from that information and for good reason.

 

[itskohler]

I haven't bought one, nice assumption though. I haven't seen you contribute anything of use either, I simply asked why everyone was concerned with what he makes, thinking I missed something. And I don't think that you are of liberty to say that this forum is for this, or for that, or whatever you want it to be. Forums are used for many different purposes. $140 isn't a bad price for a DNA40 mod, even if it isn't exactly what the seller says it is. I highly doubt that Evolv will be dropping a new chip as revolutionary as this for a while. And even if they do, it will be a while before it can get into the hands of the average consumer.

 

[bigpineapple]

If he makes an asston of money, and it helps his family, how is it not a family project? For all you know his kids picked the colors, his wife decided on the final design, etc.

All I see is chastising someone for their ability to make money. Pathetic.

mmmmmmmmm ok

 

[itskohler]

Sigh, I give up with you.

 

[Steelshade]

The box itself will be worth $140 due to the limited edition run even if the electronics are completely outdated. The next Evolv chip will likely be the same size because the 20, 30, and 40 are all the same size, thus the enclosure itself has value. Unless of course the box gets cloned perfectly. But clones usually have some visual indicator, some detail that is wrong if you look closely. That would matter to a collector who might wish to purchase it.

 

[stanthemanchan]

I don't see where he's preying on anybody. I think it's ridiculous to expect him to sell you a mod with zero profit margin. Even if he wanted to do so, he would still have to account for losses in shipping, faulty units, damages, etc.

You also forgot the part where he's offering a 6 month warranty. You don't actually think such a service comes for free, do you?

 

[bigpineapple]

The box itself will be worth $140 due to the limited edition run even if the electronics are completely outdated. The next Evolv chip will likely be the same size because the 20, 30, and 40 are all the same size, thus the enclosure itself has value. Unless of course the box gets cloned perfectly. But clones usually have some visual indicator, some detail that is wrong if you look closely. That would matter to a collector who might wish to purchase it.

Hell I give up,how can you even think an empty box is worth $140 that alone will ever be a collectors item,woo Peg is the best salesman in the World or he found the most gullible people to sell it tK after this one im going to bed,its giving me a headache,God now ive heard it all.How can anyone ever help guys like you.

 

[stanthemanchan]

Maybe you should put your tin foil hat back on. It will help to block the government's mind control rays and maybe it will cure your headache. Just make sure it's made out of organic japanese gluten free aluminum.

 

[stanthemanchan]

Its the fact that he is deceiving people saying its a family project - when actually its HIS project using your money,

That is the WHOLE POINT of a crowdfunding campaign. It's how they ALL work. The fact that he put it up on IndieGogo should have made this completely obvious to anyone with half a brain.

 

[supermansrf]

The box itself will be worth $140 due to the limited edition run even if the electronics are completely outdated. The next Evolv chip will likely be the same size because the 20, 30, and 40 are all the same size, thus the enclosure itself has value. Unless of course the box gets cloned perfectly. But clones usually have some visual indicator, some detail that is wrong if you look closely. That would matter to a collector who might wish to purchase it.

If it doesn't work, or blows up and takes off someone's hand what will it be worth then? What happens when the whole lot is DOA and there is no capital left to pay for shipping or repairs because his profit to start the business is supposed to be in the 800 additional unsold units? Then everyone has a unique limited addition paper weight or a really cool firecracker that eats fingers.

As someone else pointed out, I don't spend $20 on anything that doesn't have any real world experience. This is where companies send out beta models to reputable testers, let them try it out in exchange for their review. Work out bugs and then sell to the masses. This guy skipped the whole r&d process and preys on those excited to get something unique with promise of next to nothing. As it has been stated before several of us don't care one way or another what anyone else does. Merely pointing out a potential problem and hopefully save someone from spending their hard earned money on what sounds too good to be true.

Those of you who can afford to throw away $80-140 God bless. I personally would rather spend twice that on something that I know what I'm getting or know I will have some recourse if it doesn't work. If I was going to take a risk on something like this, the next thing I would do is weigh my options and become informed. So you start looking into what guy named Peg says and does and everything appears to be really shady. He claims that you are family but yet he's really willing to take your money. He gets defensive when he is questioned even though his own motto is "question everything" then there is the whole academy website. This isn't a reputable seller he's a dreamer. Way too much doesn't add up with any of what Peg is advertising. IMO he is preying on the vaping community and those who are less than informed and trying to get a bunch of strangers to build his business under false pretenses.

Truth be told had he come out and said "hey I'm trying to get something going here who's in with me" rather than be shady I probably would have jumped on board. Not I. I'll wait to hear what everyone else has to say come April. If it's not available then I guess it's my loss then.

 

[jsx821]

.... This isn't a reputable seller he's a dreamer. .

Well said. And I agree if he came out honestly, I probably would have bought two already. Instead.. I ordered myself two rdna40's few hours ago for $150 a pop . That $10 difference for an extra battery doesn't mean anything when I know that extra $10 will cover my {Moderated}.. Best of luck to all you peggies.

 

[Robino1]

ENOUGH!

Debate is good, attacking each other...NOT SO MUCH.

Keep it civil or the thread will be closed.

Reminder: http://www.e-cigarette-forum.com/forum/ecf-forum-rules/51178-forum-rules.html

8. Courtesy
a. Members must be polite at all times. When addressing another Forum user, you will be polite. Courteous discussion is welcome here but heated and abusive argument is not. If attacked you are not allowed to respond in kind. Instead use the Private Message system and try to resolve matters privately and amicably. If problems persist ask for the help of a Moderator.

 

[stanthemanchan]

As someone else pointed out, I don't spend $20 on anything that doesn't have any real world experience. This is where companies send out beta models to reputable testers, let them try it out in exchange for their review. Work out bugs and then sell to the masses. This guy skipped the whole r&d process and preys on those excited to get something unique with promise of next to nothing.

His R&D process was to crowdsource the design with votes from the users on his channel. If you don't like something on the mod, you had a chance to speak up at that time, or you have the option not to spend your money. The main features on the mod are known quantities. The buttons are the same as on the Sigelei 100W, the 510 is the Fatdaddy (or a reasonable facsimile thereof). Then you got a dual 18650 battery sled, a DNA40 chip, a USB charging port and magnets on the battery door. It really isn't rocket science here. It's a box mod. The only variables are the manufacturing quality of the box, the soldering / assembly and whether or not he can deliver it by April. He's working with a known manufacturer, so there's a reasonable expectation that they know what they're doing and he's not going to end up with a pipe bomb. Is there anything here that sounds too good to be true? You guys have shown that Peg stands to profit greatly from this deal and has plans to continue so it's obviously in his best interest to deliver on a quality product because his reputation is on the line and it's important to maintain if he intends to stay in business. Do you think he's going to be able to sell the remaining 800 boxes if the initial run of 200 ends up being junk?