I read through a bunch and just picked a few to quote where many others should be quoted.
Yes the circus is back. My guess is that Craig's latest upgrade offer resulted in more refund requests than upgrades. I like what I hear from Ed about covering Craig's pre-orders (of all types) based on the plan. I would assume that Craig's company would have more financial interest in all the tooling, NRE, etc which must be transferred at FMV or be subject to a look back period. Just leaving Craig out to hang with most of the pre-orders makes the entire project look bad. I've also heard the reasons for having different companies, so one can survive to help out. The opposite could also be done where you plan on one going under if something unfortunate happens at the start up as did with the pandora. I'm not saying this was the plan or is really what happened. I think the question of where the more recent pre-order (1GHz) money went in Craig's shop would be more telling. I assume this was some type of scheme to front load that would help in the long run. (Scheme -- plan, not implying unethical behavior).
It looks like Craig has been taken out of the the path for customer cash flow as someone noted that his shop is no longer listed. I think this was happening anyway just based on forum responses. I would question how Craig is going to do refunds if the company has no method for inflows of cash.
Ed, a couple questions for you
1. how are you getting addresses, address updates, precise orders, etc from Ed's open orders?
2. are you planning on covering refunds for any of Craig's pre-orders?
Upgrading does help. However, a refund would be better than waiting on the pre-order if it is truly below cost. The upgrade is better overall.
Someone also posted questioning the Below cost statement based on chip content, etc. I have not tried to analyze it, but one must include low volume manufacturing costs, shipping (mfg to OP), case, nubs, piece parts, parts shipping cost (to the CM), pcb, shipping materials, and warranty cost just to name some of the expenses.
Lastly... posting all the queue info and status. This could really be helpful or depressing depending upon the size and speed of progress.
The circus is back in town! At this point, the community has a pretty good grasp of what's happening behind the scenes.
I think ED needs to focus on clearing out his batch1/2 queue and get his orders inline. Craig needs to be dedicated to paying for his queue and selling units to fund this.
ED can be a gentlemen as much as he wants.. but I think in the long term, getting his queue down to zero is better than balancing both.
Yes the circus is back. My guess is that Craig's latest upgrade offer resulted in more refund requests than upgrades. I like what I hear from Ed about covering Craig's pre-orders (of all types) based on the plan. I would assume that Craig's company would have more financial interest in all the tooling, NRE, etc which must be transferred at FMV or be subject to a look back period. Just leaving Craig out to hang with most of the pre-orders makes the entire project look bad. I've also heard the reasons for having different companies, so one can survive to help out. The opposite could also be done where you plan on one going under if something unfortunate happens at the start up as did with the pandora. I'm not saying this was the plan or is really what happened. I think the question of where the more recent pre-order (1GHz) money went in Craig's shop would be more telling. I assume this was some type of scheme to front load that would help in the long run. (Scheme -- plan, not implying unethical behavior).
It looks like Craig has been taken out of the the path for customer cash flow as someone noted that his shop is no longer listed. I think this was happening anyway just based on forum responses. I would question how Craig is going to do refunds if the company has no method for inflows of cash.
Ed, a couple questions for you
1. how are you getting addresses, address updates, precise orders, etc from Ed's open orders?
2. are you planning on covering refunds for any of Craig's pre-orders?
I can add that preorders who do not upgrade are waiting to get a product shipped BELOW COST to them. I can only encourage them to UPGRADE and pay the extra to allow OPT to stay viable.
Upgrading does help. However, a refund would be better than waiting on the pre-order if it is truly below cost. The upgrade is better overall.
Someone also posted questioning the Below cost statement based on chip content, etc. I have not tried to analyze it, but one must include low volume manufacturing costs, shipping (mfg to OP), case, nubs, piece parts, parts shipping cost (to the CM), pcb, shipping materials, and warranty cost just to name some of the expenses.
Lastly... posting all the queue info and status. This could really be helpful or depressing depending upon the size and speed of progress.