Author Topic: The Airing  (Read 80438 times)

0 Members and 1 Guest are viewing this topic.

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #75 on: July 15, 2015, 11:07:44 pm »
There are 8 hours to go.... $883,000 funded.

Interestingly, all comments of any questionable nature have disappeared... either deleted or pushed down into being hidden. The top comments are all much more tame and mostly positive or simple questions. I wonder if both Airing and Indiegogo are monitoring the campaign comments now very closely to quickly eliminate anything that casts any doubt.

I predict they will reach $900,000 based on the rate they are going. Wouldn't be surprised.

Still no mention by Airing of the promised clarified "update" on the timing and funding that confused people. I predict that we will have NO update at all until after the campaign has finished. Airing doesn't want to post anything that will screw up their "strong finish".

Some people seemed to suggest based on his deleted "update" that they were going to raise the other $7 million from venture capitalists, showing them that he has already close to $1 million from an eager backer base...

As far as believing Stephen Marsh will use this money (which is a commitment and validation of the need for such a product by users) to leverage any investment capitalist funding... One only has to look at his failed previous business venture with  "Encite LLC" and the dubious premise of this product to actually work. I believe his days raising venture capitalist funding are over. No venture capitalist who does any due diligence will give this man any money. Hence his reason for turning to crowd-funding. I think it was because there was no other means to secure funds.

That only means this project is even more doomed than everyone believes. Even if he needed another $7 million, who in their right mind would give it to him? At least the lady who started uBeam had no history of bankrupting a company, nor did she have a court case involving venture capitalist shenanigans. The Solar Roadways people also didn't have any history of this kind of stuff. Won't any venture capitalist investor with any brains dig up the history, or are they incompetent and irresponsible at playing with other people's money?
« Last Edit: July 15, 2015, 11:12:42 pm by edy »
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline mikerj

  • Super Contributor
  • ***
  • Posts: 2103
  • Country: gb
Re: The Airing
« Reply #76 on: July 16, 2015, 12:17:17 pm »
No venture capitalist who does any due diligence will give this man any money. Hence his reason for turning to crowd-funding.

It doesn't seem to make any difference, VC's appear to want to throw money at even the most obviously ridiculous and impractical schemes going.  You only need to look at the uBeam funding for proof of this.
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #77 on: July 16, 2015, 12:51:01 pm »
So the campaign ended hours ago yet the funding keeps on increasing?   :wtf:

Look at these screen shots I took over the past hour showing the roll-over to over $900,000...How is this possible?
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline rs20

  • Super Contributor
  • ***
  • Posts: 2150
  • Country: au
Re: The Airing
« Reply #78 on: July 16, 2015, 12:56:11 pm »
edy: Google "Indiegogo InDemand". Essentially, the campaign never ends.
 

Offline tom66

  • Super Contributor
  • ***
  • Posts: 3472
  • Country: gb
  • Electronic Engineer & Hobbyist
Re: The Airing
« Reply #79 on: July 16, 2015, 01:00:09 pm »
Campaign scam never ends!

It really is only a matter of time until IGG get their arses sued off for not performing due diligence on those allowed to fundraise on this platform.

 

Offline mikerj

  • Super Contributor
  • ***
  • Posts: 2103
  • Country: gb
Re: The Airing
« Reply #80 on: July 16, 2015, 01:50:25 pm »
Campaign scam never ends!

It really is only a matter of time until IGG get their arses sued off for not performing due diligence on those allowed to fundraise on this platform.

I probably need a tin foil hat, but has anyone checked whether IGG and the people that run these scampaigns have any connection?
 

Offline Richard Crowley

  • Super Contributor
  • ***
  • Posts: 4310
  • Country: us
  • KE7GKP
Re: The Airing
« Reply #81 on: July 16, 2015, 03:38:09 pm »
I probably need a tin foil hat, but has anyone checked whether IGG and the people that run these scampaigns have any connection?
IGG doesn't need to create or even encourage scammers like this. I'm quite confident that they will show up on IGG's doorstep completely of their own initiative.

I thought you had coined a great word there with "scampaign", but searching Google for it revealed this interesting website:

http://www.crowdfundinsider.com/
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #82 on: July 16, 2015, 05:09:56 pm »
I'm all for free economy but as far as crowd-funding goes, to preserve the health of the system and make sure criminal elements don't run wild (which can be used as a slippery-slope to other illegal activities) I believe some sort of REGULATION will be needed.

Perhaps it will mirror some of the same regulations as with securities and investment. Some kind of risk assessment, or the need for explicit disclosure. Maybe INSURANCE to be purchased (good luck with that one... we will have insurance fraud) or a shared liability with the common carrier "crowd-funding site", or a combination of all of these.

Unfortunately, without some regulatory involvement, there will be more and more victims for years to come. It will ruin trust of this funding mechanism and spread doubt to other sites (Kickstarter and so on).

All you need to do is LEAK A STORY to CNN or some other news outlet that ISIS Terrorists are using IndieGogo to crowd-fund scams to fund terrorist activities and you will see them getting so much heat from the government in 5 seconds that it will turn the entire industry on it's head. Watch that one unravel!
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline Kalidor

  • Regular Contributor
  • *
  • Posts: 113
  • Country: ch
Re: The Airing
« Reply #83 on: July 17, 2015, 11:01:42 am »
@edy, you should give a look on this https://www.indiegogo.com/projects/nanoplug-the-world-s-first-invisible-hearing-aid/x/10280792
It's one of the fastest IGG scamms I ever seen, after 2 1/2 months they wrote in the update: "As we said, everything will be solved at the mid March. New and required design from CE is here."
After that they started shipping a useless $20 device, the perk for a Nanoplug was around $400.

Or this one https://www.indiegogo.com/projects/neo-neural-efficiency-optimizer-neurophone/x/10280792#/story
Collected $1.2M, for a device that makes what? "Neurophone is famed inventor Dr. Patrick Flanagan's profound time-tested techno-meditation device that uses blissful ultrasonic waves to soothe and center your mind and allow the possibility to make you smarter."

Medical and health care devices, great for scamming the crowd!
In questions of science, the authority of a thousand is not worth the humble reasoning of a single individual.
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #84 on: July 17, 2015, 12:34:42 pm »
Wow! My 3-year old son has hearing aids and I have done a lot of research to know what goes into one. That NanoPlug is so obviously impossible and impractical yet with such a deviously designed sales pitch and renderings that you know from the start it is a scam. Since when is it ok to have something lodged so far into the middle ear and user-inserted? And a nano-battery? Once again Star Trek fantasy. But a lot of people would honestly believe it.

As far as NEO neurophone goes, I am not so much bothered by it because it isn't really treating a medical condition and is more like those gem-stone crystal copper bracelet magnet pressure point "power of suggestion" devices. As long as he delivered the product to his backers, no matter how useless it may be, he has fulfilled his obligation. Any effect claimed would be placebo effect. To buy those "enhancement" devices you already have to believe in that type of stuff, so it will tend to work on you.

This also undermines the health professional community. Patients have to be able to trust their doctors and scientific research. When these scams start targeting medical issues and prey on a vulnerable group of people, it is a whole other level. That is another reason for some regulation.

By the way, Airing is up to $924,000... They raised another $25,000 in 1 day? After the campaign "closed" due to InDemand... or " InDeScam" more like it.

We need to start a CHANGE.ORG campaign.... I'm surprised there is no public rally against Indiegogo to change their policies regarding MEDICAL-CLAIM crowd-funding campaigns. It should be in their policies, that would at least stop the most despicable of scams. If they are not to completely remove it, there should at least be more rigorous proof before one gets approved to be crowd-funded.
« Last Edit: July 17, 2015, 04:24:52 pm by edy »
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #85 on: August 04, 2015, 01:18:35 am »
On the verge of surpassing... (in Dr. Evil voice)...1 mmmmillllionnn dollars! Muhahahahaha!  :-DD

A little bit of more news:

http://burlington.wickedlocal.com/article/20150724/NEWS/150727677
« Last Edit: August 04, 2015, 03:24:22 am by edy »
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline will9twl

  • Contributor
  • Posts: 13
  • Country: sg
    • Bazinga - Your technology partner. From ideas to gadgets.
Re: The Airing
« Reply #86 on: August 04, 2015, 06:14:35 am »
i'm eager to see their quarterly report out in oct.
let's see if there's a functional prototype for demo then~ :popcorn:
I sell on Tindie"width="200" height="55
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #87 on: August 09, 2015, 11:46:26 am »
The only update they posted is that they reached a million and that they are printing paper vouchers. What about the product research and development?

Here is their time line:


« Last Edit: August 09, 2015, 12:45:22 pm by edy »
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline Richard Crowley

  • Super Contributor
  • ***
  • Posts: 4310
  • Country: us
  • KE7GKP
Re: The Airing
« Reply #88 on: August 09, 2015, 03:33:35 pm »
Well, they now have 2 years to spend the money before they report failure. FDA approval makes a nice cover for the scam. They estimate 9 months, but that seems wildly optimistic.  I predict many reports of delays in "testing" and "approval" before they break the bad news.
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #89 on: September 08, 2015, 04:07:46 pm »
I have added http://www.fundairing.com/  to the website page-change tracking site known as https://www.changedetection.com/. Here is the change log which will be updated weekly:

https://www.changedetection.com/log/fundairing/index_log.html

If anything happens on the main page, I should receive an email. I didn't want to track IndieGogo because it is always changing with comments and such.
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #90 on: September 23, 2015, 08:31:22 pm »
Got an update today :

http://www.fundairing.com/journal/2015/9/21/airing-update-92115

They printed up vouchers to buy their products at discounted prices... if and when they will ever exist.
« Last Edit: September 23, 2015, 08:33:34 pm by edy »
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline Jay_Diddy_B

  • Super Contributor
  • ***
  • Posts: 1793
  • Country: ca
Re: The Airing
« Reply #91 on: September 29, 2015, 02:15:22 pm »
Hi,

The interesting thing about these vouchers is that is ALL they are committed to deliver to deliver as a perk in the IGG campaign.

The vouchers are only usable if all these other conditions are met:

1) They have to become available

2) They have FDA approval

3) You have a prescription for the device from a doctor.

4) The device meets any local regulations.


They have so many outs, but they have delivered on their promise, of giving you a worthless voucher.

Their projected retail price of $3.00 is totally unrealistic for a medical device.

Jay_Diddy_B




 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #92 on: September 29, 2015, 05:10:41 pm »
The interesting thing about these vouchers is that is ALL they are committed to deliver to deliver as a perk in the IGG campaign.

Exactly! They promised vouchers to provide Airings... with the assumption made by backers that one day Airings will be available so that the vouchers are good for something. Either way, from a legal perspective I don't think it even makes a difference. This "loophole" is not needed, due to the unfortunate fact that *even* campaigns that PROMISE YOU A PRODUCT don't have any issues skirting the law and running off with all the money. The voucher thing may have been a calculated "legal" move, or maybe just a way to appease backers with something to keep them happy that they have something in their hand while this entire sham continues to unfold.

There is at least a backer or two posting in the COMMENTS section which I will post here in case it gets deleted:

Quote
david.kovanen 16 days ago
Does anybody think it’s odd that we’ve heard nothing from Airring in more than eight weeks? I mean, ever since the money was released to Airing we have heard nothing at all. That strikes me is a bit odd in a few ways. Sometimes when we so much want something to be true we ignore the little red warning flags…

Quote
david.kovanen 16 days ago
Stephen A. Marsh founded a Company to develop micro fuel cell technology that, if perfected, would have replaced batteries in cell phones and laptops. The Company failed to develop the technology or generate a consistent stream of revenue. It subsequently decided to terminate all employees…and cease operations.

Marsh appears to have an established record of being a good promoter and has some legacy of failed start-ups. Google Stephen A. Marsh for interesting/worrisome reading. I’m worried.

Quote
david.kovanen 10 days ago
They don’t seem to be working on certification or anything else for that matter, as far as I can determine. FDA certification for this type of device typically is just a very few months. there is a fast track that CPAP manufacturers consistently get approval for.

My concern is that this project may just be a big scam. There seems to be very little happening…apparently no business licenses or full time staff or any prototypes of the micro blowers. The founder’s track record is not encouraging.

Quote
david.kovanen 10 days ago
Indegogo claims they have not done any vetting or due diligence, and they now refuse to provide a phone number or even a mailing address for Airing. A million dollars seems to have just gone into thin air with little accounting.

Nobody—not even me—can say with certainty that there is a problem here. But there is a lot that just doesn’t add up. My opinion is that we should be somewhat worried.

Should a company that took $1-Million fro. 10,000 people remain anonymous?

YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #93 on: September 29, 2015, 05:18:03 pm »
If you look at their recent update, it looks to me like they are trying to position themselves perhaps to look good to V.C. funding and gather up the other $7-8 million of support needed to start up the R&D labs for this thing:

Quote
That visible enthusiasm has generated calls from several potential partners (many of which sought us out) that could accelerate our development timeline.

It's looking a lot like Batteriser but only in reverse.... whereas Batteriser gets V.C. funding and then uses IGG for promotion, Airing LLC starts with IGG with a prototype rendering and over-promising a "Star Trek" device with absolutely no working prototype, gains a lot of support from desperate people looking for a solution to their awful CPAP devices... and now looking for V.C. support for the 3-5 years worth of R&D which will keep Marsh and his team of executive busy.

More corporate-speak that really tells us nothing:

Quote
We have been actively screening a wide range of manufacturing and services suppliers that can provide equipment and expertise to complement our in-house resources. Finding the right blend of outside expertise with our own expanding staff will be a critical element in our development program and remains a dynamic process.

And some more garbage:

Quote
We have formed a Technical Advisory Board to give us access to select experts in the field who can share their expertise and contacts to further complement our efforts. We plan to formally announce our first board member in the very near future and are thrilled that he has agreed to join our team. We think you’ll be as impressed as we are.


What ever happened to that "micro-blower" patent Marsh was all excited about that was shown in the computer renders? When are they going to make a single protoype? No doubt the board member they announce will be somebody from a V.C. firm that is going to pitch in another few million... Otherwise, why would they bring anyone to the board unless they are investors?
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #94 on: October 01, 2015, 11:22:20 pm »
Update: Audio-only interview with Stephen Marsh:

http://www.massdevice.com/airing-the-story-behind-one-of-medtechs-most-successful-crowdfunding-campaignsdevicetalks-podcast/

And the short link:

http://bit.ly/1LN3v66

I heard snippets only, seems like only talking about how he got the idea, how successful the campaign and funding was... Nothing about any of the actual engineering or "hard questions". But if somebody has the time to listen and wants to summarize it (or knows how to feed it through a speech-to-text translator), please post a summary.
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline Jay_Diddy_B

  • Super Contributor
  • ***
  • Posts: 1793
  • Country: ca
Re: The Airing
« Reply #95 on: October 02, 2015, 01:37:31 am »
Hi group,

Listen to the recording from 28.00 onwards. He talks about the IGG money being a donation at 28.30.

Jay_Diddy_B
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #96 on: October 02, 2015, 04:21:57 am »
From his audio interview, near the beginning he says he developed the Airing as a consequence of trying to come up with better airflow for his Fuel Cell Power Chip....which was being developed when he was under the V.C. funding umbrella of now-defunct technology startup Integrated Fuel Cell Technologies, Inc. and Encite LLC. He also says he has a non-compliant brother (doesn't wear CPAP machine although he has Sleep Apnea).

So what happened with the Power Chip? I see his patents, just Google "Stephen Marsh Power Chip or Fuel Cell" and you'll notice a bunch of patents.... But are they good for anything? Is this like the Roohparvar Brothers patents which are just paperwork and really don't amount to much except lawsuit armament for future patent trolling? Any practical application? If anything actually came to fruition from his Fuel Cell company, wouldn't the company still exist and not have gone bankrupt and ended up in court (http://www.potteranderson.com/delawarecase-185.html)?

He talks a bunch about how he is an inventor and putting together "disparate" technologies. You have to wonder, how do "inventors" and "engineers" differ? One has to obey the laws of physics?  :-DD  The other just has to come up with something and then hire the engineers to somehow make it work?

His "Aha!" moment may have been the answer to the question "How Do I Keep Sucking In Money Now That My Fuel Cell Company is Bankrupt". He invented a microblower system that has no working prototype at all, is just a concept with no characterization on the power utilization, efficiency or actual performance.... and as far as I can see there is no patent either (http://patents.justia.com/inventor/stephen-a-marsh). It is pure vapour at this point, yet he made A HUGE LEAP FORWARD and already created an APPLICATION for this non-existent micropump that it may not even be good for at all.

So the process he seems to be conveying in the interview is that...  he "got good feedback, was encouraged by all the people showed this" (who have no friggin' clue as to what is going on)... So he "decided to march ahead and launch the Airing" on IndieGogo. He was happy to accept this "donation" from users who would have the most stake in this thing working and also the most disadvantaged by current solutions. Hmm... did the backers really understand the "risk" and did they treat it as a "donation" or were they thinking they are actually buying Airings?

In the interview he is talking about how he came up with the design, and answering questions about how it is working (air flow, battery supply, pressures) like he somehow knows it with absolute certainty. That's complete B.S. because there is no actual prototype of the working hardware yet. He only created the rubber outside moulding design that fits on the nose, but with empty internals. He mentions the micropumps are electrostatic types. I am glad that he has such a clear concept of how it is supposed to be performing without having any idea how much power is required, and whether a tiny battery can do this work, and many other features.

By the way, the best way to listen to the speech is to throw something like this in the background:

http://tunein.com/radio/Limbik-Frequencies-s2225/

... While listening to the interview on Sound-cloud. It makes a good mix and keeps the 45 minute interview from boring you to death. At least the background instrumental ambient psychadelic goa trance music matches the state of delusion surrounding the entire campaign's promises.

He also talks about the funding... somewhere from 28 minutes onwards. Traditional funding (i.e. from major companies) comes with a lot of "baggage" or "Strings attached".  :wtf:  Yeah, it's called accountability Mr. Stephen Marsh..... He said he'd rather get the money from crowd-funding because it is directly from the people who are going to use it. He wanted people to support him on a "proof of concept" level and that there is "a lot more risk".

At around 35 minutes he talks more about "proof of concept" and being "half way through the market" and "FDA" and "pilot studies". Marsh says definitively NO, they are not there yet. He says he still needs to build an example or prototype, to characterize it and understand how much air is blowing and what pressure and determine that it actually works with airflow and pressure. He then says at that point the prototype can be put into the "appearance model" which is the rendered images you see on the website, that you stick in your nose, to see if it works. He says they have built the physical prototypes (the rubber things you stick in your nose) to show that it is comfortable to stick in your nose and wear at night are done. However, he says the micropumps have not been made and that he has to make sure it can actually fit in to the physical rubber model and does what it is supposed to.

I can guarantee you that most backers of the campaign probably thought they were way further along and that it was pretty much proven and just needed more engineering refinement and core manufacturing capital to set up production. I highly doubt they would have obtained over $1,000,000+ of "donations" if people knew it was all based on fluff of an idea that has not been proven at all and which is relying on pie-in-the-sky risks.

At about 40 minutes the interviewer asks about the ADDITIONAL monies that needed to be raised over and above the IndieGogo funds, since Marsh even admitted to needing close to $8,000,000 to build it. So Marsh reminds people about InDemand on IGG and to encourage more funding. He denies having raised other private money, except from friends and family. I guess he doesn't want to deal with the nuisance of accountability from a V.C. firm with all their lawyers and stuff.

I give him credit in the last 5 minutes for at least addressing the seriousness of Sleep Apnea. He says that until he makes this Airing product that people use whatever existing CPAP solutions exist, however uncomfortable they are. He says bringing the device to market from concept is a "Difficult, long and expensive process". He says Resmed (makers of CPAP machines) complain that awareness of Sleep Apnea is one of their biggest problems, and many people don't get diagnosed who have it. The Airing does raise awareness, that may be the only benefit of this entire campaign.

I hate being a pessimist here. It would be great if it worked. My beef with this campaign on IGG is that there was a deception from the inception of the campaign to give the appearance that it was a done deal EDIT:  it was more certain to be realized. Perhaps I didn't read between the lines well enough, but it sure sounded like the tech behind Airing was well ahead in development. If they had emphasized how rudimentary their work was, and how much more money they would need to actually meet their "perks" (which are just pieces of paper actually... nice loophole by the way), and really people understood how much of a leap they will need to take... I really don't think it would have received anywhere close to $1,000,000.

Let's keep Stephen A. Marsh accountable and continue to follow this very long journey and where things take us.
« Last Edit: October 02, 2015, 04:43:38 am by edy »
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline helius

  • Super Contributor
  • ***
  • Posts: 2851
  • Country: us
Re: The Airing
« Reply #97 on: October 02, 2015, 04:35:18 am »
Quote
If anything actually came to fruition from his Fuel Cell company, wouldn't the company still exist and not have gone bankrupt and ended up in court?
Not necessarily. Sometimes innovative companies have bad management, sometimes they are killed by shareholder disputes, and sometimes they are simply too early for the market to be ready. Entrepreneurship is hard.

Your point about accountability is a good one. When you seek V.C. funding, you immediately start to dilute the ownership of the company. And most funding arrangements have stoploss provisions that make the penalties for screwing up very severe. With "crowd-funding", you can approach a vastly larger pool of suckerssupporters, who don't need any qualifications as competent investors. They get no equity, and no say whatsoever in how the company is run or how the money is spent. What are the penalties for screwing up? Dunno, LOL. Start another campaign!
« Last Edit: October 02, 2015, 04:42:37 am by helius »
 

Offline edy

  • Super Contributor
  • ***
  • Posts: 1937
  • Country: ca
    • DevHackMod Channel
Re: The Airing
« Reply #98 on: October 09, 2015, 09:07:56 pm »
Latest update!

http://www.fundairing.com/journal/2015/10/9/airing-progress-update-10915

Here is my analysis (text in red bold is my commentary):

Quote
Hi Airing Supporters,

As a company born of the crowd (you), we place enormous value in communicating our progress to everyone who has contributed to the development of the Airing prototype. (we want to make sure you don't start a mob attack on us so we are stringing you along for as long as we can).  Airing is a lean and mean team (there is really nobody working for us, we just wanted to steal your money) and we are determined to keep you updated on our progress while we execute our primary mission of meeting or exceeding our timeline to get this device into your hands.

We are delving into uncharted territory here and couldn’t be more excited. As far as we know, we are the first to develop a breakthrough technology from such an early stage with this large of a supportive community behind it. (we are the biggest ever scam of this type in IndieGogo history)     As you know, the technology in Airing has never been assembled in this way before. (because it is impossible)  The form factor of Airing–from the nosebuds to the micro-blowers–has never existed before. (because they are  not possible to do with today's technology and your relatively small $1 million in funding)    The price-point we’re targeting would have been laughable even a few months ago. (and it is still laughable)    Therefore, the ultimate existence of Airing may very well be seismically disruptive to the sleep apnea treatment industry. (it will be, because nobody believes it is possible and if you actually manage to pull it off it will truly be a miracle of biblical seismic proportions)

Given this anticipated disruption, it will not always be in Airing's or your best interest for us to publicly announce many of the trade secrets or specifics of our development. (we wish to not update you as much because you annoy us with silly questions like what we are doing with your money) As excited as we may be to share which engineers we work with, materials we incorporate, or equipment we consider utilizing at certain stages, doing so could breach contracts, impede our progress, and significantly delay Airing's release to the public. (and it would also show everyone that we are simply clueless as to what we are doing and actually have nothing to show)     That’s something we cannot risk.  (we want to make sure we have lots of time to hide the money away before anyone starts pressing us with too many questions as to how progress is going)

But you don’t need to worry. (we have your money safely in our off-shore bank accounts)   We intend to find the right balance between protecting our technology and sharing important progress with you. (we will keep using these excuses not to share too much information with you)  Today, we want to give you a few updates on the early stages of Airing's proof of concept prototype, straight from the keyboard of Airing inventor, Stephen Marsh:

 

As a direct result of Airing’s crowdfunding campaign, we have been introduced to a number of significant companies (we have the possibility of getting venture capitalist funding) and have engaged in several very promising technical discussions  (experts told us we are completely out of our mind) . These conversations have led us to an alternative approach to prototyping that should accelerate the proof of concept process. (alternative because the original microblower design is impossible)

We are now under contract with several specialty engineering firms, all of which are busy helping us facilitate prototyping the proof of concept micro-blower devices. (we are paying them a good buck to try to solve the impossible task we gave them)   We have also identified a set of materials and processes that will allow faster prototyping of the proof of concept micro-blower devices.  (we identified how to prototype a proof of concept of an actual device that still we have no idea will perform anywhere close to what is needed for this application)

We are evaluating the possibilities of several major equipment purchases that could give us more control of our schedule and timing. (that new Lambourghini in my driveway will help me get to my appointments on schedule and in good time). :-DD

We are eagerly expecting important results from some of our material processing experiments that will help us select which of the parallel paths we have designed is most appropriate to pursue.

We are continuing to work on many of the various aspects of the prototype in parallel (including micro-blower construction, nosebud and case design improvement, and sustainability options) to reach the testing phase as efficiently as possible.

Of course, the creation of a technology this new does not happen overnight. (or in 2 years when we promised delivery to our backers)    But we are making significant progress and remain on schedule. We will continue to keep you posted in the coming months.

Stay tuned for more. (but don't hold your breath because remember, we don't want to give you important details since our competition might steal it)  


 :palm:
YouTube: www.devhackmod.com
"Ye cannae change the laws of physics, captain" - Scotty
 

Offline bigdawg

  • Regular Contributor
  • *
  • Posts: 98
  • Country: us
Re: The Airing
« Reply #99 on: October 09, 2015, 09:19:36 pm »
Latest update!

http://www.fundairing.com/journal/2015/10/9/airing-progress-update-10915

Here is my analysis (text in red bold is my commentary):

Quote
Hi Airing Supporters,

As a company born of the crowd (you), we place enormous value in communicating our progress to everyone who has contributed to the development of the Airing prototype. (we want to make sure you don't start a mob attack on us so we are stringing you along for as long as we can).  Airing is a lean and mean team (there is really nobody working for us, we just wanted to steal your money) and we are determined to keep you updated on our progress while we execute our primary mission of meeting or exceeding our timeline to get this device into your hands.

We are delving into uncharted territory here and couldn’t be more excited. As far as we know, we are the first to develop a breakthrough technology from such an early stage with this large of a supportive community behind it. (we are the biggest ever scam of this type in IndieGogo history)     As you know, the technology in Airing has never been assembled in this way before. (because it is impossible)  The form factor of Airing–from the nosebuds to the micro-blowers–has never existed before. (because they are  not possible to do with today's technology and your relatively small $1 million in funding)    The price-point we’re targeting would have been laughable even a few months ago. (and it is still laughable)    Therefore, the ultimate existence of Airing may very well be seismically disruptive to the sleep apnea treatment industry. (it will be, because nobody believes it is possible and if you actually manage to pull it off it will truly be a miracle of biblical seismic proportions)

Given this anticipated disruption, it will not always be in Airing's or your best interest for us to publicly announce many of the trade secrets or specifics of our development. (we wish to not update you as much because you annoy us with silly questions like what we are doing with your money) As excited as we may be to share which engineers we work with, materials we incorporate, or equipment we consider utilizing at certain stages, doing so could breach contracts, impede our progress, and significantly delay Airing's release to the public. (and it would also show everyone that we are simply clueless as to what we are doing and actually have nothing to show)     That’s something we cannot risk.  (we want to make sure we have lots of time to hide the money away before anyone starts pressing us with too many questions as to how progress is going)

But you don’t need to worry. (we have your money safely in our off-shore bank accounts)   We intend to find the right balance between protecting our technology and sharing important progress with you. (we will keep using these excuses not to share too much information with you)  Today, we want to give you a few updates on the early stages of Airing's proof of concept prototype, straight from the keyboard of Airing inventor, Stephen Marsh:

 

As a direct result of Airing’s crowdfunding campaign, we have been introduced to a number of significant companies (we have the possibility of getting venture capitalist funding) and have engaged in several very promising technical discussions  (experts told us we are completely out of our mind) . These conversations have led us to an alternative approach to prototyping that should accelerate the proof of concept process. (alternative because the original microblower design is impossible)

We are now under contract with several specialty engineering firms, all of which are busy helping us facilitate prototyping the proof of concept micro-blower devices. (we are paying them a good buck to try to solve the impossible task we gave them)   We have also identified a set of materials and processes that will allow faster prototyping of the proof of concept micro-blower devices.  (we identified how to prototype a proof of concept of an actual device that still we have no idea will perform anywhere close to what is needed for this application)

We are evaluating the possibilities of several major equipment purchases that could give us more control of our schedule and timing. (that new Lambourghini in my driveway will help me get to my appointments on schedule and in good time). :-DD

We are eagerly expecting important results from some of our material processing experiments that will help us select which of the parallel paths we have designed is most appropriate to pursue.

We are continuing to work on many of the various aspects of the prototype in parallel (including micro-blower construction, nosebud and case design improvement, and sustainability options) to reach the testing phase as efficiently as possible.

Of course, the creation of a technology this new does not happen overnight. (or in 2 years when we promised delivery to our backers)    But we are making significant progress and remain on schedule. We will continue to keep you posted in the coming months.

Stay tuned for more. (but don't hold your breath because remember, we don't want to give you important details since our competition might steal it)  


 :palm:

 :-DD :-DD :-DD great analysis edy!
 


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf