Though pretty predictable, some of RM's responses are quite concerning:
1) TWIP: What are the biggest hurdles you have to get past before launch?
RM: Staffing. It has been very difficult getting qualified candidates (in TX and UT) that will fit our pipeline.
2)TWIP: Is there any concern at deeproot that the launch may never happen?
RM: Zero concern. We are spending over $750k a month now on this project, and that will increase through launch. That is unsustainable without a launch in the short term.
3)TWIP: How many people are now employed by deeproot’s pinball division?
RM: From my best guess, we have more non-line, non-temp staff than all the other pinball companies put together. And that will only increase over the next few months.
4)TWIP: Do you still plan to launch in 2019?
RM: We will launch when we are ready. I certainly hope it’s in 2019.
1) No shit. You chose your main base of operations as Texas, and not in Dallas, Houston or Austin. How many people are going to move to Utah unless they really like winter sports?
2) Zero concern, but then follows up by saying they're spending an annualised $9M per year, which is continuing to rise, and that it's unsustainable without a launch (income). I wouldn't be unconcerned about that admission if I was an investor.
3) Might be right, since Stern appear to rely quite heavily on contract work. But see 2).
4) In light of 2) & 3), if they don't launch in 2019, or launch without immediate and significant revenue generation, how long before it starts getting hairy, given that he's already said it's unsustainable without it.
Maybe everything's under control, but if people start leaving in the next few months, watch out ...