Quoted from Multiball1:
I know we're all on the same team and want the same thing, and you're aces in my book, but I have to respectfully disagree with you gentlemen with regards to the above.
1. It's not simply a live and learn thing.
He F'd it up, he bares the brunt of that mistake. JPOP doesn't get to live and learn with my money, he eats it. If a commercial construction company wins a contract from the state to do a set job for a set price, and then they go over budget or learn half way through that something they did needs to be amended, they don't get to live and learn at the state's expense, the construction co. takes the hit. I don't want to hear how that's a big corporation and he's essentially a one man operation. He has taken in well over a million dollars...that's big boy money, and JPOP needs to be treated like a big boy and suffer the same setback any larger company would.
2. Original 25 MG owners should want 50 or it's not going to get done. That's not true either.
Look I know it's a good problem to have, but if Lamborghini announces they are going to create 25 collectors edition vehicles and once they sell out of them on pre-order they announce they are going to double production to cover unanticipated costs, those original 25 owners don't necessarily still want it. Well 3 years ago a $17k pinball was sure as hell the collector's Lamborghini of pinball...it still is. JPOP has immediately diminished the value of my machine by producing double the amount. I don't care if it sounds like boo hoo there are now 50 of my precious machine it will be worth less.....as great as he is his work doesn't make it a $17k pin. Why is RAZA only $10k and it's being produce by the same "artistic pinball genius?....because 100 units of RAZA are being made vs. only 25 units of MG. Is MG going to have $7k more worth of toys, NO. That means if the difference between a 100 unit production and a 25 unit production machine is worth $7k, then upping that production number from 25 to 50 should entitle the original 25 to a $2,300 discount. AS ONE OF THE ORIGINAL 25 OWNERS I'VE IMMEDIATELY TAKEN A 14% LOSS IN VALUE TO MY MACHINE EVEN BEFORE THE FIRST ONE LEAVES THE FACTORY.
3. He's gonna need the money to complete them. We should hope he produces hundreds or thousands so there's actually money to get them done. HE OBVIOUSLY DOESN'T NEED THE MONEY.
If as you've said Iceman he hasn't asked for any money from the additional 25 MG owners until the reveal, he clearly doesn't need the money to stay alive, he wants the money to maintain his profit margin at the expense of my 14% loss. Let's also be direct here, and I don't mind saying it because I'm a RAZA owner as well. Zidware is the one single entity (corporation) for MG, RAZA, and AIW. Unfortunately for all, that means from a credit standpoint all the money is commingled as one. So the truth is if he goes over budget on MG then he has to spend RAZA money....which he is...which is the exact reason he doesn't need your MG money yet; He's supporting MG development cost buy dipping into RAZA funds. Sure when it's revealed he'll take your money so his profit is there. When it comes time for RAZA, AIW funds will need to support him if he goes over budget.
*** WHAT THIS MEANS IS THAT THE ORIGINAL 25 MAGIC GIRL OWNERS DON'T NEED 25 MORE MGs TO BE PRODUCED SO THAT THEY GET THEIR MACHINES....RAZA OWNERS NEED THE ADDITIONAL 25 MGs SO RAZA OWNERS DON'T GET F'D...AND AIW OWNERS NEED IT BECAUSE IF RAZA NEEDS ADDITIONAL MONEY, AIW OWNERS GET F'D. LAST MAN STANDING IS TAKING A HIT ***
With all that said Iceman, I don't fault you for signing up for MG. I know you've paid money towards RAZA and AIW, but when it comes to Magic Girl you're smart, you know you have a free option. If MG looks great at the reveal, then you pony up for a machine you know already looks great and exists, if it sucks or never happens you lose nothing. All reward, no risk. I'd take that option all day long on MG, RAZA, AIW, and the next 100 titles he wants pre-orders for. The problem is the first 25 owners don't have a free option, we've already paid the $17k in full. In finance isn't it supposed to be the initial investors that get rewarded because they've taken the risk and second round investors pay a premium for less uncertainty?
So you are saying you are a little unhappy?
I'm sure he absolutely DOES need the money and I believe he is seeking it with 3rd party financial partners. If he didn't need the money why do you think he went to 50? He loses his ass building 25 pins of anything at 17k, per John himself, he's NOT trying to maintain some profit margin, TIME has destroyed that. Thus, it is now a "live and learn" thing for him. If he has to do 50, which he does, then he is going to do them, he has no choice, like it or not. That said, for me now, with this whole experience turning south, at this point I wouldn't pony up 17k to be one of the 50 and I highly doubt anybody else would be dumb enough either until they see a major update and a definitive schedule.
It's been 39 months since MG and 32 months since RAZA, what do you imagine the "cash burn" is on the operation? It's a catch 22, how can you ramp up production/completion when you can't afford the "cash burn" and you have to do everything yourself.
AIW, I'm not sure, even though I'm stupidly in on the project right now, initially just to support him, how he could or should be spending any time on that one BEFORE the other two pins get made? $$$.
Like you said, without RAZA, you have/had zero chance of ever getting a MG completed with 17k worth of stuff in it much less 1,700. Those dollars are going to help get MG finished, if any of those dollars are left. At this point, it looks like MG and RAZA are a combo deal in terms of ordering parts and getting these done. Btw, where are all the parts, cabs, etc. for 175 pins, or 150 for that matter.
What you are saying in effect is that John is running a Ponzi scheme, RAZA dollars pay for MG and AIW dollars will pay for RAZA, as long a they exist. Maybe so. Thus, as a RAZA owner, I'm not too concerned about a 14% loss for the MG buyer, I just hope you get your pin.
Were you part of the original 13, 17 or did you come in when it got bumped to 25? What's the difference on those bumps? I recall them like it was yesterday, just shows how 3+ years can fly by.
I hope this has a happy ending for all of us! If not, it will be a "live and learn" moment for me.