Can't find my backers section!

[MACADEMIC]

Glad everybody agrees this is not in any way directed against ED, and there are no pitchforks and torches ;) It's actually quite the opposite.

 

As for a refund? I dont know how that would work, the money wasnt given directly to ED (remember, this was RRG's project, we funded RRG, ED was just a partner), sure ED still seems to have what the money was used for (is the current state of the Me 109K-4), but its not like they have the KS money sitting in their back pocket.

 

We all understand the money's not there any more. As Wags said, it went into the development of products ED, no longer RRG, is bringing to market. The money would have been needed to develop these products, one way or another.

 

There are now a few choices.

 

1. Refund this money and you're just repaying an interest free loan (again, this money would have had to be spent anyways; since ED now owns what was created with the money, I don't see a problem if ED refunds on behalf of the founder), and you're free to market and price your products as it suits you - > good outlook for profits for each module

 

2. Assume all obligations from the Kickstarter. Big financial and organisational burden, ED is obligated to develop and release four additional aircraft and give six to backers under cost ($6.66 per aircraft in case of a $40 pledge) - > questionable outlook for profits for the modules, short term

 

3. Cut short obligations from Kickstarter. This may reduce your organisational and financial burden, but leaves the possibility of legal repercussions against the founder (these are not a joke, in the mentioned case a threat of $5.000.000 alone in civil penalties for collecting under $30.000 and not delivering as promised), with a chance of ripple effects reaching ED. Of course this only in case some people are not satisfied with changed conditions and take action, but it's almost impossible to exclude such a possibility - > slightly better financial outlook versus 2. for increased legal risk

 

As for 1. removing ED's obligation to produce WWII content, I wouldn't be too worried. This train is now rolling, there has been a lot of publicity, the aircraft are on the way, demand will be there for maps and content. It should be in ED's best interest, especially if there's a healthy financial outlook to do so.

 

Will be interesting to see what unfolds.

 

MAC

Edited June 29, 2014 by MACADEMIC

[MA_Goblin]

I do believe it's legal and atleast in my book even fair (i backed a lot of dollars) because it's not the same company. RRG went bust and the "contract" was with them not ED.

Edited June 29, 2014 by hakjar

[Wolf Rider]

 

~can we just relax and wait for that announcement before busting out the torches and pitchforks?

 

 

 

[rubblebeam]

I do believe it's legal and atleast in my book even fair (i backed a lot of dollars) because it's not the same company. RRG went bust and the "contract" was with them not ED.

 

The only people who know what happened to RRG is RRG and ED. None of us mere mortals know if they went bust or WTH happened. We do know that some of the guys who worked for RRG now work for ED. I don't think it was a matter of finances. As has been stated before

"The vast majority of funds needed to finance this project have and will continue to come from Eagle Dynamics (not Kickstarter)"

[NineLine]

The only people who know what happened to RRG is RRG and ED. None of us mere mortals know if they went bust or WTH happened. We do know that some of the guys who worked for RRG now work for ED. I don't think it was a matter of finances. As has been stated before

"The vast majority of funds needed to finance this project have and will continue to come from Eagle Dynamics (not Kickstarter)"

 

Still doesnt mean it was related to finances.... because the bulk of funds has and will come from ED might have been the issue in the first place... but you can read into things a number of ways, but of course its all still assumptions...

[MACADEMIC]

The only problem I could see with a possible full refund (except for a cash flow problem, which could be 'solved' by offering a full store credit, this could be acceptable to many) is if ED didn't just take possession of what was created with the backer's funds, but had to pay compensation for it.

 

MAC

[Merlin-27]

Hopefully we will be presented with EDs plan going forward in the July update. I agree with your listed possibilities, Mac. However, I think there has to be a happy medium where backers can feel they have contributed to the success of the sim without being refunded their money.

 

On second thought, a refund would grant me the ability to buy 62.5 P-51Ds during the summer sale! :lol: My very own airforce.

 

As long as it get addressed... then things have improved.

[MACADEMIC]

Hopefully we will be presented with EDs plan going forward in the July update. I agree with your listed possibilities, Mac. However, I think there has to be a happy medium where backers can feel they have contributed to the success of the sim without being refunded their money.

 

On second thought, a refund would grant me the ability to buy 62.5 P-51Ds during the summer sale! :lol: My very own airforce.

 

As long as it get addressed... then things have improved.

 

Outstanding! :lol:

 

MAC

 

Edit: I think I may have only now grasped the meaning of what you were saying. I understand that even a full refund may not be satisfactory, since the original value of the promised rewards may have been higher than what can be bought with the equivalent money or store credit (okay, 62.5 Mustangs still sounds like a pretty good fleet :smilewink: ). So perhaps, the credit shouldn't be all that interest free, there should be some form of recognition that people helped this project at the time they did, and should not simply fall back to the same level as a walk in customer? In my case of course I'd like to get 20 licences for $12.50 each as was the original deal, and will welcome it if they'd stick to it. But I could understand if they said it's untenable for them to honor such dealls, and the burden could jeopardize the whole thing. Perhaps a middle ground, a refund and a special discount status for backers depending on pledged amounts?

 

Let's see what July brings.

Edited June 30, 2014 by MACADEMIC

[Vlerkies]

I have written off my $200 for all intents and purposes. It was not a total loss, as ED have picked up the project now so at least something will come of the initial kickstarter effort.

 

Hey that was the deal and the risk. I'm not happy about it but it was a kickstarter project after all with no guarantees!

I am still waiting for the illusive P51 keys, I have little hope in receiving anything else that was on the list.

 

If ED can see a way to throw the backers a bone in appreciation in the future that'll be great.

If not I just chalk it up to a learning experience.