So let’s get this straight...you currently have a significant amount of money ($14,000) held up from one semi-public/private group buy and you intend to open up an unlimited quantity group buy for another design before you resolve the issues from your other buy?
Smells like the second coming of Tesletron.
So let’s get this straight...you currently have a significant amount of money ($14,000) held up from one semi-public/private group buy and you intend to open up an unlimited quantity group buy for another design before you resolve the issues from your other buy?
Smells like the second coming of Tesletron.
nah bro, they gotta take this gb money to fund the previous gb -- the forbidden gb tech
also nice pcb, where did you take it from?
As the uninitiated one, I know about the hate for Tesletron already, but what's this new stuff here? I'm a fan of this board but now I wanna know what I might be involving myself with.
The $14k thing... basically what happened was that there was, not sure what to call it, maybe an unadvertised soft launch, of the website where some early orders of the Cygnus and a different board were allowed. This was halted after a day, I believe the main reason was sales were higher than expected. It appears OP intended / expected just a couple of people to order and was not comfortable with too many orders.
Maybe a week later, the payment processing company (Square) locked and closed the account. According to OP, the Square account was not new and was used before, however the guesses given were either the larger amount of money, or the fact that there were several international sales that may have set off red flags. In any case, When this happens, Square locks the money for 90 days, no exceptions apparently, which would be February. OP has also stated that Square shuts off all customer service after locking the account, so there is no way to allow for refunds.
There are some Cygnus orders in there, however the vast majority of the funds are from the other board.
The payment processor was switched to a new one. OP has reported that they have discussed the business model with the new company before opening the account in the hopes to avoid the same problem.
Currently, it has been stated that previous Cygnus preorders are being honored despite not having access to funds (OP will front the cash until funds get released).
The other board is being delayed until the funds are released.
This is all according to what OP has said. There are some risks here of course, so it's up to you to decide.
