Quoted from cpr9999:Lots of investment.
What’s the return on investment?
[quoted image]
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Alice in Wonderland
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Celts
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Magic Girl
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Bermuda Triangle
Madison, WI
I highly doubt the $41 million is all for pinball. It's the deeproot fund not deeproot tech/pinball.
Also, yes, please explain how there aren't investors? Who is buying this fund? There's finders fees, which means someone is getting paid for convincing someone. Unless it's the fed printing funny money it has to come from somewhere.
RE parking lots... I think Spooky is up to 30 full time employees? But that's with good sales. They made 150 AMH with like 3 people.
As I've mentioned before there's no point in spinning up a line to make 130 games. Unless there's a second title ready to go you'll have to shut down the line and lay everyone off when done. A line is a vicious beast that you have to keep shoveling games into.
If they build their paltry, laughable, embarrassing 160 games and then shut down the line it means they have to rehire and retrain another group when Food Truck is ready, which will sell even worse BTW.
Quoted from Zablon:That was the monthly 'grift ideas' meeting.
lol! It was an all hands to troubleshoot JPop’s latest ramp concept.
Quoted from benheck:I highly doubt the $41 million is all for pinball. It's the deeproot fund not deeproot tech/pinball.
Also, yes, please explain how there aren't investors? Who is buying this fund? There's finders fees, which means someone is getting paid for convincing someone. Unless it's the fed printing funny money it has to come from somewhere.
RE parking lots... I think Spooky is up to 30 full time employees? But that's with good sales. They made 150 AMH with like 3 people.
As I've mentioned before there's no point in spinning up a line to make 130 games. Unless there's a second title ready to go you'll have to shut down the line and lay everyone off when done. A line is a vicious beast that you have to keep shoveling games into.
If they build their paltry, laughable, embarrassing 160 games and then shut down the line it means they have to rehire and retrain another group when Food Truck is ready, which will sell even worse BTW.
Logical lies!
@ benheck
Agree - if the number is even a legit 160 games, and I think that number is inflated, they will just build the games by hand probably a half dozen maybe 10 people if they have them. It will take them all year to get Raza built, provided they actually get or have parts to fully build units - which seems in doubt with the pinbar stamping which would cost bookoo bucks. They got some real problems, even just to build them by hand. Doubt they will have a real line or be able to tool one up.
Quoted from benheck:RE parking lots... I think Spooky is up to 30 full time employees? But that's with good sales. They made 150 AMH with like 3 people.
That would explain the cars at deeproot Ben.
3 building the machines and 15 design heads watching and making judgement calls. Wait, there is one guy doing tshirts i heard.
Quoted from NoQuarters:@ benheck
Agree - if the number is even a legit 160 games, and I think that number is inflated, they will just build the games by hand probably a half dozen maybe 10 people if they have them. It will take them all year to get Raza built, provided they actually get or have parts to fully build units - which seems in doubt with the pinbar stamping which would cost bookoo bucks. They got some real problems, even just to build them by hand. Doubt they will have a real line or be able to tool one up.
And even after that all happens you have a mediocre game with no flow
Quoted from Scandell:And even after that all happens you have a mediocre game with no flow
Thus the limited order window to create FOMO so people are locked in with deposits.
Quoted from frolic:So... almost another $10 million raised December 2020? How is this explained to "investors"?
And for the curious, I added the numbers on that page:
$41,431,834
Bottom line that you guys are missing
The investors don’t give a flying F about pinball per se
Pinball is simply an “underlying investment” of the 575 fund
Look up what 575 stands for. That is WHY they invested and how they get their “return on investment”
Furthermore, it was mainly investment advisors selling their clients on this Reg D investment for the purpose of 575!
Quoted from denoument:What ever happened to the pinball lift accessory deeproot was going to unveil?
I came across this:
And remembered Deeproot...
Pretty clever
Quoted from denoument:What ever happened to the pinball lift accessory deeproot was going to unveil?
I came across this:
And remembered Deeproot...
That's too simple. It needs a touchscreen, tension clamps and of course purple powder coat.
Quoted from iceman44:Bottom line that you guys are missing
The investors don’t give a flying F about pinball per se
Pinball is simply an “underlying investment” of the 575 fund
Look up what 575 stands for. That is WHY they invested and how they get their “return on investment”
Furthermore, it was mainly investment advisors selling their clients on this Reg D investment for the purpose of 575!
Whaaat? Deeproot in an alternative investment.
Quoted from iceman44:Bottom line that you guys are missing
The investors don’t give a flying F about pinball per se
Pinball is simply an “underlying investment” of the 575 fund
Look up what 575 stands for. That is WHY they invested and how they get their “return on investment”
Furthermore, it was mainly investment advisors selling their clients on this Reg D investment for the purpose of 575!
No, please explain how this works. Far as I can tell 575 fund is simply an LLC. How does hemorrhaging money get anyone an ROI?
Quoted from benheck:That's too simple. It needs a touchscreen, tension clamps and of course purple powder coat.
This plus it needs to cost the same as the pin
Quoted from toyotaboy:No, please explain how this works. Far as I can tell 575 fund is simply an LLC. How does hemorrhaging money get anyone an ROI?
"About the575 Investment Fund
the575 Fund by deeproot Funds offers hybrid Preferred Equity Class C Shares, backed by insurance policies and affiliates, with a 5 year term, and choice of 35% lump sum return (i.e. 7% internal simple deferred per annum growth), or 5% annualized periodic (monthly) payments. the575 also features a large account bonus option."
This is the RETURN that the "INVESTOR" receives for investing in the fund.
That's the Deeproot575, LLC fund that raised another $4.4 million or so, out of a total new offering of $37,500,000 available, per sec.gov, as of the most recent filing, 12-21-20?
The previous offering of $35,000,000 appears to have funded from prior sec filings.
The fund is "backed by insurance policies and affiliates".
One of the "affiliates" i'm assuming is Deeproot pinball.
What other investments are supporting the fund? Who knows. Has the pinball venture been a good investment to date? I think the answer is obvious thus far.
Quoted from frolic:$41,431,834
Do you want INNOVATION or do you want to count pennies?
Quoted from iceman44:"About the575 Investment Fund
the575 Fund by deeproot Funds offers hybrid Preferred Equity Class C Shares, backed by insurance policies and affiliates, with a 5 year term, and choice of 35% lump sum return (i.e. 7% internal simple deferred per annum growth), or 5% annualized periodic (monthly) payments. the575 also features a large account bonus option."
This is the RETURN that the "INVESTOR" receives for investing in the fund.
That's the Deeproot575, LLC fund that raised another $4.4 million or so, out of a total new offering of $37,500,000 available, per sec.gov, as of the most recent filing, 12-21-20?
The previous offering of $35,000,000 appears to have funded from prior sec filings.
The fund is "backed by insurance policies and affiliates".
One of the "affiliates" i'm assuming is Deeproot pinball.
What other investments are supporting the fund? Who knows. Has the pinball venture been a good investment to date? I think the answer is obvious thus far.
That doesn't really answer how they're making money so I dug deeper:
https://www.bizjournals.com/sanantonio/news/2016/08/23/local-investment-fund-betting-on-life-insurance.html
Sounds to me that they weren't doing that well betting on life insurance polices (which sounds like a terrible way to make money), tried to sell 50 million in debt in 2013 but weren't successful, but somehow they raised 41.5 million of investment for Pinball the past 4 years?
Quoted from denoument:What ever happened to the pinball lift accessory deeproot was going to unveil?
I came across this:
And remembered Deeproot...
My back and arms want one of these badly!
Aaron
FAST Pinball
Quoted from fastpinball:My back and arms want one of these badly!
Aaron
FAST Pinball
I do as shown in the video then lift the back end and place it on the back of a folding chair. Time to buy some wood and a jack. 
Quoted from fastpinball:My back and arms want one of these badly!
Scrounge around Pinside. Somebody made one of these and posted pictures and instructions.
LTG : )
Quoted from denoument:What ever happened to the pinball lift accessory deeproot was going to unveil?
I came across this:
And remembered Deeproot...
"Hey, when lifting heavy shit, use your legs, not your back."
This guy: "Fuck that. I'll use my brain."
Quoted from Jvspin:I do as shown in the video then lift the back end and place it on the back of a folding chair. Time to buy some wood and a jack.
Same. I have a small stool I use. I just love a simple, novel solution.
Aaron
FAST Pinball
Quoted from LTG:Scrounge around Pinside. Somebody made one of these and posted pictures and instructions.
LTG : )
I think I found it
https://pinside.com/pinball/forum/topic/easier-way-to-set-up-flip-a-pinball-machine#post-4817097
Quoted from toyotaboy:That doesn't really answer how they're making money so I dug deeper:
https://www.bizjournals.com/sanantonio/news/2016/08/23/local-investment-fund-betting-on-life-insurance.html
Sounds to me that they weren't doing that well betting on life insurance polices (which sounds like a terrible way to make money), tried to sell 50 million in debt in 2013 but weren't successful, but somehow they raised 41.5 million of investment for Pinball the past 4 years?
You do understand what a “fund” means I know
What you reference in 2013, old news, has zero relevance to this particular “fund”, it’s a totally different “offering”
It could be that they have investments in bitcoin, Apple, Tesla, green energy and who the heck knows
As for how YOU or I would invest our money it’s besides the point that they have raised almost $40 million into the 575 fund “somehow”. It’s a mystery right?
IF you would really like to “keep digging” and find out the details I suggest you fill out the “accredited investor” form and set up a time via their website to get an explanation
Report back what you find out. Lol
Quoted from Mr68:Slap a Deeproot logo on it, call it the Pin-Pod Pal and charge $900.
shutupandtakemymoney.jif
Quoted from Fulltilt:What fun would that be?
Haha, well from what I've heard so far the guys that have asked for refunds have gotten nothing but excuses. Refunds were supposed to be paid out within 30 days and from what I've heard they are way over that period of time. I hope it works out for everyone and for deeproot but this sounds like its getting a little sketchy.
Quoted from PoppyCock:Haha, well from what I've heard so far the guys that have asked for refunds have gotten nothing but excuses. Refunds were supposed to be paid out within 30 days and from what I've heard they are way over that period of time. I hope it works out for everyone and for deeproot but this sounds like its getting a little sketchy.
Lol, its been sketchy since day one, and only gone done hill from there.
Quoted from Roostking:Lol, its been sketchy since day one, and only gone done hill from there.
I heard Robert is going to get into pontoon boats next. Has Andrew on speed dial.
Quoted from PoppyCock:No reason to joke about all this. I am hoping everything works out for everyone!
Trust me, everyone wants to see more competition in PB and more importantly, those who got ripped off get reimbursed one way or another, but its not "us" making this a joke, we are just the audience laughing at the mic holder. Have you read this entire thread?
We expect to receive parts through the first week of March at this point with the first RAZAs leaving mid-March.
I was trying to remember where the current goal posts are. Reposting for clarity.
Quoted from frolic:I was trying to remember where the current goal posts are. Reposting for clarity.
How can you put a Deadline on INNOVATION?
Flensburg
Man does not seek God so much as miracles. And since man is incapable of being happy without miracles, he will create new miracles for himself, miracles of his own, and will bow down to the miracles of sorcerers and witches (Dostojewski).
JPop is the sorcerer. RAZA is his miracle to bow down to.
Quoted from Makakka:Man does not seek God so much as miracles. And since man is incapable of being happy without miracles, he will create new miracles for himself, miracles of his own, and will bow down to the miracles of sorcerers and witches (Dostojewski).
JPop is the sorcerer. RAZA is his miracle to bow down to.
Wow that's deep.
...deep poop or something that almost rhymes with it
Quoted from PoppyCock:Haha, well from what I've heard so far the guys that have asked for refunds have gotten nothing but excuses. Refunds were supposed to be paid out within 30 days and from what I've heard they are way over that period of time. I hope it works out for everyone and for deeproot but this sounds like its getting a little sketchy.
Friend of a friend of a friend told me blah, blah, blah - is that it?
Really?
Let's cut the BS and hear directly from one guy - one actual Zidware Goodwill claimant who requested a refund in December 2020. Till then I'm gonna reserve judgement.
Quoted from woodworker:I'm so close to a BINGO!!!
[quoted image]
Did they officially have the "Five Days of Deep Root" yet?!
Wow, and upvote is not enough for that post. Well done!
This company is nothing but a joke. RM owes Cointaker a ton of money as well. I do not trust those who don’t pay their debts.
Quoted from woodworker:I'm so close to a BINGO!!!
[quoted image]
I think you can mark off "Create FOMO for huge RAZA sales"...
Quoted from waveman:I think you can mark off "Create FOMO for huge RAZA sales"...
You missed the word 'huge'
Anybody out there really interested to see what cool "ground breaking mech" Barry Oursler is planning to unveil in his Black Hole inspired game? I know I am. I hope this company does well so I get to see whatever he is planning.
I'm thinking of all the cool ways someone could open a large hole in the playfield to reveal a lower playfield.
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