Speechless.
Actually I'm not. I'd love to say I'm amazed by their attitude, but it's been clear for quite some time that original backers were becoming less and less of a priority and frankly this is consistent with the attitude (in public at least) of a certain individual in that company. The excuse that the Pulse "fizzled out" because it took too long to get to the market is disingenuous imho. If they'd come out with a decent product, with a decent design, at a competitive price then it could have easily had a mature lifespan in the market of many years as plenty of other devices do. The fact is, as a retail proposition the Pulse looked like crap compared to the competition, was overpriced, suffered too many failures, and was prematurely replaced with a new (slightly improved aesthetically) chassis. This was all compounded by the marketing-led approach of the company such that the Pulse was billed as the Second freakin' Coming when in actual fact it's just an ok sounding 9018 DAC just like the other two hundred on the market, except this one costs too much and looks like schiit.
God help those people who've bought into other LHL campaigns.