This whole unfortunate affair should stand as a cautionary tale for ANYONE who prepays for a pinball machine. This affects not only the Aussie's, but every person that has entrusted JJP with pre-payment for WoZ, and more frighteningly, TH.
The exact same thing could very well happen to everyone sitting on a smile and a promise for their Hobbit pinball machine. You are all unsecured creditors. In other words, you will be standing LAST in line for a share of any moneys owed should things get ugly.... and potentially left with a total loss on your pre-payment.
JJP, like any startup, is likely in a precarious financial position as a new company trying to build itself up. The JDA investment seemed like a good step to shore things up, but the status of that is unknown....
The main problem seem to to be they are addicted to pre-order money to fund the operation. The longer it takes to build/ship machines, the costlier and riskier things get. I suspect SOME of the massive delays are production/supply-chain related, but many others *seem* to be their need to line-jump any and all new money orders to get the funds coming in.
So, lots of trustworthy folks invested for WoZ.... but now, hard to believe they will have as much patience with buyers for TH. I believe they are at a riskier point now than when they started. People have learned the "play first - pay first" promise was false. They've also learned that nearly ANY promises made around production have ZERO credibility. How ANYONE can still make pre-payments after the last 90-ish debacle is inconceivable...Anyways, all those add up to a potentially more fickle buying group.
Excited as I am to see TH, I'm personally shocked ANYONE is still a pre-payer for TH, but I'm assuming there are still a lot of faithful in on it. However, if those folks start bailing and and demanding refunds, this could have a snowball effect on JJP's financing model. If I had made any paymentsd towards TH, Id have long ago called to cash out while I still could. The fact that pre-paid WoZ shipments have nearly stopped in the last 5 months HAS to have sane people worried.... The tragic Australian issue is another big question mark.
i think people would understand a "deposit model" simply for planning purposes (ie, $1000 down, balance due prior to shipment), but this Pre-payment Model is incredibly risky... especially given whats transpired.... Buyer beware!