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Oh really? So then why is there a giant list of ships with various prices on them? Why don't they just have a button on the site that says donate here to make your dreams come true? It would be so much easier wouldn't it?Erillion said:People are not buying ships.
The backers give money so that the game they always wished for becomes reality.
Constant stream of funding huh? They only have funding as long as people keep throwing money at them for something that doesn't exist yet. That stream can very quickly reverse flow if people start losing confidence in the project. This would actually be a great way for Roberts and his crew to eject from the project. Take out a huge loan, cash out, default on the loan and dump the entire company off to the creditors. Then he has the perfect excuse to disappear. The truth is no one really knows how much money they have raised or how much has been spent because they have no obligation to do so. Only time will tell, but the longer this goes on for, the bigger disaster this is going to be if it doesn't pan out.MaxBacon said:From FQ42's financials, they have taken loans since 2015. The difference between that and this last one is that the guarantees given to the bank are of the IP itself.
But that is highly irrelevant because they do have a constant stream of funding, independent of what they need the loan for, so they don't run the risk of failing the contract.