Quote:
Originally Posted by delphidb96
Please, you tell me. I'd really like to know.
Derek
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Ok you asked for it. First let me say that I truly believe that the NAEB board is trying their best, but yes, I have some issues.
1. I've asked before but never really got an answer. Who on the board has experience dealing with an OEM in matters like this? I have, and frankly it's a PITA. You have to have very detailed contracts that spell out both milestones and penalties for missing those milestones. You may not get your product any sooner but the OEM's milestone estimates become a lot more accurate.
2. The decision to keep this a "Family Business" and only look for funding with the Barflies. 1.5-2.0 million in financing would have let you place an order for at least 5,000 units and would have given you a lot more leverage with the OEM.
I have no problem with what NAEB is trying to accomplish or their dedication. I do have problems with some of their decisions and the consequences that came out of them.