As someone waiting for a few GB's from them, what is the recent drama with Mechs and co people keep bringing up? Should I be worried about it?
In a nutshell, they were in charge of two keyboard GB's that went to GB several months ago (Loki65 and Saveus Cor65xt), and after collecting everyone's money that bought into both GB's, they failed to ever pay the manufacturer any money at all to start any work on either project. The designers and other vendors that were involved with both projects reached out more times than I can count to get updates, and they were all strung along by M&C giving them lots of false promises such as "I'll pay them by the end of the week", or "I have to check with the team on the status of things". However, most of the time they didn't receive any responses at all, especially in the last month or so, and both GB's had to be cancelled as a result. To date, M&C has only refunded a handful of people from both GB's to my knowledge, and the overwhelming majority of all others that joined those GB's haven't received a penny back or even a response to their messages or emails. I know because I'm one of the buyers in the Saveus Cor65xt that requested a refund well over a week ago, but haven't heard a single word back yet. I also have several other keycap GB's I bought through them, which I'm now very concerned about as I'm wondering if I'll ever receive any of them.
All of the above is pretty much what very publicly transpired recently, and while I don't have any physical proof of this, It seems like they have some serious cash flow issues going on there and possibly some serious mismanagement of money collected for Group Buys they're running, and they got caught in a situation that they couldn't get out of since they seem to not have any cash left in the business to pay the manufacturers, refund customers, or use for anything else for that matter. It's unfortunately not looking good at all, and I'm worried I'm going to end up losing all the money I paid to them if they end up going under.....