I get that you deem it a gambling dice game, great; BUT do you have any evidence to support any claims you have made in this statement other than "just sayin"?
Obviously you're not cool with that, which is quite fine with me as my rep is not at stake here with this; we all have gut feelings but why the need to bash with no evidence whatsoever?
So what constitutes "blindly throwing money" other than perception? The business model is simple and is not interest free at all, not to me anyhow. What is the interest? How am I as an investor repaid? The product, at the agreed upon price point. Does this "bankroll" his business? Sure seems to cover the startup fees over at ivogo and I'm cool with that.
Ugh...okay, let us analyze the facts here:
-First video Oct. 17th with "the idea" and asking basic feedback
-Second video Oct. 26th (six days mind you) getting IVOGO, Shenzen, whatever you wanna call it, for my sake I will from here on refer to it as Oreo's and Nabisco from here on out...more feedback asked for...
-Third video Oct. 27th (by his own admission "20 hours" after last video) Nabisco has already "hired designers and engineers for this project" and three mock ups appear out of nowhere with the third one looking EXACTLY like finished project (with a USB port on it that 65% voted against)
-Fourth video Nov. 4th USB has been put at top for "cupholder" purposes and gunmetal gray has been picked due to it being "the perfect mix of grey, black and silver" and when he explains that the 510 will be flush mounted but does not appear that way because "MY photoshop skills are not that good" ....huh??? I thought that Oreo and Nabisco were sending these to him, not him at home with "photoshop" He also goes on to talk about price and went off of what "people" told him...according to him the "people" said that 140.00 USD was fair
-Kickstarter was supposedly "against e-cigs" so indiegogo was selected over congravapes....whatever...just throwing that in there too
-Fifth video Nov. 20th Indiegogo was obviously selected for his crowdfunding and he informs everyone how "perk purchases" are in fact "non-refundable" and "once you put in money for a perk that money is gone"...these are all quotes from him btw and bear in mind that paypal refund policy also bears heavily on the "sellers" refund policy which he has already put out there as and I qoute "non-refundable" and he also goes on to say (but this is nowhere in writing btw) that "he will take care of you" if you have a warranty issue
-Video 5.1 Nov. 23rd He starts out by saying that "I want to put everyones mind at ease" and also states "I have not gone into detail with the DNA 40 chip"...at this point there is already almost 10,000.00 in the bag and people don't know what they are getting???? He starts going into how he has a "youtube career" and how "indiegogo takes 9% off the top and I have to pay federal taxes" and how after he pays for the mods he has only "29 dollars" for shipping and handling and magnetic doors and a usb cable...hmmmm, sounds like he is claiming no profit here to me...take it as you will...and once again he talks about how if anything goes wrong with the unit he will "personally take care of you" but yet still nothing in writing on his site or anything legally binding...
-Video 5.2 Nov. 28th he states he is selling this item to you "pretty much at cost" and how the color being released in first run "will never, ever be made again" to signify the "first run" and how he already has "concerns" about how this mod may not be considered a "great mod" due to it being designed as your average vapors "all day beater" and basically "reassures" everyone participating in his crowdfunding that it will be an "immaculate mod"
-Video 5.3 Nov. 29th is all about the previous thread on this exact topic....if he is not hiding things why must he address one person on a forum???
-Video 5.4 (who cares about the date anymore) is all about money and how he is "losing" even more to California state tax and blah, blah and blah...
and a couple other facts...
-there is still no PVA 40
-Nabisco is manufacturing this product with no prior experience with this chip
-no reference to built in safety systems I remember hearing (I just watched them again and it is never happening again...ugh, I can not take anymore peggy)
-Oreo's are still a good cookie
-and putting money into a product that does NOT even exist yet is being "financially blind" IMO (maybe not a fact to everyone, but it is to me)
-he claims he has experience in creating projects...where??? Can anyone show me another PVA project???
-we all know he edits his youtube channel comments and it may be just to keep a "positive" flow going but that is still questionable if nothing else...
To wrap up this monstrosity let me just say that there is no "evidence" that this will be a bad box but IMO there is enough circumstantial evidence to deter alot of people from rolling the dice on a project with no R and D already in place and from a "project manager" with no previous original merchandise and a "head master" of a school that he has been talking about for what, 6 months, that is STILL not up and operational the way he claimed it would be....just saying lol