Yesss!
THANK YOUUUU!
Not really. I have received only seven payments during the three weeks I have been collecting. The total I have collected has not yet broken $800 USD. Add to that whatever Ail has received and I think it is fair to say we still have a very long way to go.phinix wrote: ↑Just wanted to ask - how is the rest of the payments going?
New collectors - is it going forward? Are we getting there?:)
zslane wrote: ↑Not really. I have received only seven payments during the three weeks I have been collecting. The total I have collected has not yet broken $800 USD. Add to that whatever Ail has received and I think it is fair to say we still have a very long way to go.phinix wrote: ↑Just wanted to ask - how is the rest of the payments going?
New collectors - is it going forward? Are we getting there?:)
I always knew it would take longer than 180 days, but with 5 previous successful rounds I just assumed it would work out. I get the impression this round is different.infodroid wrote:It's really quite moronic to keep extending the deadline of a group buy beyond the PayPal dispute window.
Apparently there's no way of knowing which orders are unpaid until the collectors submit that info to 7bit. As I understand it, some money has been transferred to 7bit from the collectors but he does not have full information on who that money came from in the first place.infodroid wrote: ↑
1. Why not just cancel all unpaid orders from 180 days (or so) ago and put the items back on the market immediately to raise real funds? Anybody that actually paid can recover the fund from PayPal.
Judging by the info in the latest invoice I got, the stuff in Phase 2 that has actually been sold ammounts to about 15,300 USD. But I don't know how much is left unsold.infodroid wrote: ↑ 2. What is the final bill for Round 6 Phase 2?
I don't know what the total ammount is, but I guess 7bit is paying for it. And if he does not have enough money do do so, then no order is made. Hence the current situation. Prices are based on MOQ – if a kit is priced at so-and-so based on an order of like 25, and only a few people order said kit, then 7bit has to order 25 kits anyway and hope to sell the remaining ones as leftovers (or raise the prices for people who have already made their orders and paid for them). There is some leeway for things like these with the pricing model 7bit uses, but not that much.infodroid wrote: ↑ 4. What is the dollar total for all the unsold items in Round 6? Who is paying for these to be manufactured?
As far as I can see in the latest invoice, selling those kits have so far brought in a little over 1,000 USD. That's for the 17 kits sold – I don't know how many where produced and remain in the leftovers, but even if there where like 150 of them left there's not enough mods etc. to go with them and make for complete sets. So the answer is probably no.infodroid wrote: ↑ 7bit also stated that he paid $10,000 extra for the Space Cadet kits with the "too small legends" and that "this had not been planned for".
5. Will the sale of the new "too small legend" Space Cadet kits raise at least $10,000? (I don't think it will)
Presumably because SP didn't think it was their fault (as far as I know we didn't have to pay anything extra for the keys they screwed up, eg. those made using defective moulds they should have dicarded ages ago). I think it was due to that whole debacle with 7bit sending them .svg files and SP misinterpreting said files, but I'm not 100 percent sure – it's been a while since that whole thing went down. But no matter what the reason was, remaking the legends was probably the reasonable thing to do because the alternative could arguably have been lots of cancelled orders.infodroid wrote: ↑ 6. Why did 7bit agree to pay the extra $10,000? Did he have another plan to cover this amount?
7bot knows everybody who placed an order and who also has not fully paid up. This is my definition of an unpaid order.caligo wrote: ↑Apparently there's no way of knowing which orders are unpaid until the collectors submit that info to 7bit. As I understand it, some money has been transferred to 7bit from the collectors but he does not have full information on who that money came from in the first place.infodroid wrote: ↑ 1. Why not just cancel all unpaid orders from 180 days (or so) ago and put the items back on the market immediately to raise real funds? Anybody that actually paid can recover the fund from PayPal.
It is not clear that remaking the legends is the reasonable thing to do. For one thing, the Space Cadet "too small legends" look very good to me, and some people may prefer these legends or not care about the difference from 7bit's design.caligo wrote: ↑Presumably because SP didn't think it was their fault (as far as I know we didn't have to pay anything extra for the keys they screwed up, eg. those made using defective moulds they should have dicarded ages ago). I think it was due to that whole debacle with 7bit sending them .svg files and SP misinterpreting said files, but I'm not 100 percent sure – it's been a while since that whole thing went down. But no matter what the reason was, remaking the legends was probably the reasonable thing to do because the alternative could arguably have been lots of cancelled orders.infodroid wrote: ↑ 6. Why did 7bit agree to pay the extra $10,000? Did he have another plan to cover this amount?
And what then of the people who paid more than 180 days ago, and cannot get their money back from PayPal? And what about the money 7bit actually has received? Should he send that back to the (unreliable) PayPal collector and just hope they refund whoever sent it in the first place? I don't think there's a solution to this that does not involve the former collectors cooperating to sort things out, unfortunately.infodroid wrote: ↑ 7bot knows everybody who placed an order and who also has not fully paid up. This is my definition of an unpaid order.
If a person with an unpaid order sent money to the collector, and the collector did not update 7bit, and this payment was less than 180 days ago, then this person can recover their funds from PayPal through dispute resolution.
So 7bit doesn't need confirmation from the collector about whether they have sent money or how much. He can just cancel all orders from 150 days ago (allowing 30 days for people to file a dispute).
This works because if somebody in this situation actually paid a collector, they can get their money through PayPal. Several people have reported success with dispute resolution, even though it can take several weeks to complete the process.
This may raise some funds, but I don't know how much.
If the alternative was that people would start cancelling their orders since they got something else than what they paid for, remaking the keys seems fairly reasonable. And seeing how the main selling point of the Space Cadet kits was them being really accurate to what the original looked like, I don't think such a scenario is that unlikely. And if that were to happen, those Space Cadet people would have wanted to cancel mods etc. as well. I don't see how that situation could have been solved in a way where everyone got what they wanted. It still sucks, and I mostly agree with your points: it does not look that bad, consulting people here on the forum first would probably have been a better weay to go about it, and so on. But on the other hand, it is what it is – 7bit made that call, and the keys have already been remade and paid for. Us arguing the pros and cons of said descision won't change that.infodroid wrote: ↑ It is not clear that remaking the legends is the reasonable thing to do. For one thing, the "too small legends" don't look that bad to me, some people may prefer the legends or not notice the difference.
Another issue is that Phase 1 participants have received all their goods, while many Phase 2 participants may never receive either their goods or their money back.
So if the group buy is short $10000 for Phase 2, and $10000 is also the cost of remaking these legends, then 7bit has effectively forced the Phase 2 participants to foot the bill for the mistake, without any consultation.
Why is 7bit only asking Phase 2 participants to share the cost of this mistake?
People cancelling their orders is not a risk or a problem because SP kits have value and can be sold to other buyers easily.caligo wrote: ↑If the alternative was that people would start cancelling their orders since they got something else than what they paid for, remaking the keys seems fairly reasonable.
The goal of this proposal is to raise sufficient funds to produce Phase 2. If sufficient funds can be raised just by cancelling 180 days orders and writing off the remaining amount to the unresponsive collectors, then it is a viable option that should be considered. If it works, then everybody will still receive exactly what they ordered or all their money back.caligo wrote: ↑ And what then of the people who paid more than 180 days ago, and cannot get their money back from PayPal? And what about the money 7bit actually has received? Should he send that back to the (unreliable) PayPal collector and just hope they refund whoever sent it in the first place? I don't think there's a solution to this that does not involve the former collectors cooperating to sort things out, unfortunately.