Light Harmonic Geek Wave

Apr 15, 2019 at 8:17 PM Post #5,192 of 5,946
Jarek, you stated that "campaign funds stayed within respective campaigns" and Hercules then queried, if that is the case, why have other campaigns (eg Vi Dac, Source, remaining Pulse, etc) stalled along with the Wave campaign.

His question appears to be a valid one and I'm sure there are many people reading this thread who are waiting on those other components along with Waves.

Can you please address the question or ask Larry if you don't know what's going on with the other campaigns?
 
Apr 15, 2019 at 8:46 PM Post #5,193 of 5,946
@cecil

They have not stayed within their campaigns. We already know the wave and source were comingled...IGG no longer permits this.

I would bet that if one had access to the cash flows that all spending was done via one pot of money. Jarek won't have answers for you as Larry has kept his to himself. Surprise surprise!
 
Apr 15, 2019 at 9:30 PM Post #5,194 of 5,946
@Bill2112

Jarek has stated this several times and appears to believe it is the case. I assume the information came from Larry and if it is true I think an explanation as to why the other campaigns are not progressing needs to be given.

If as you think it is not true then Larry should clear this up with Jarek. Otherwise Jarek is being put in a position where he may be making false representations to hundreds, if not thousands, of people.
 
Apr 15, 2019 at 9:34 PM Post #5,195 of 5,946
@cecil

I know he's said that...but we do know wave and source were raised together. Jarek has said that. In terms of the other stuff, I am not even sure Jarek has met Larry in person. At this stage without proof I don't trust anything we are told.
 
Apr 15, 2019 at 10:22 PM Post #5,196 of 5,946
Larry Audio File (2:34 min) on the Analog campaign which people have been asking about:

BTW, in case anyone asks, when he says "headphones" he means headphone amps. Not actual literal headphones.

https://drive.google.com/file/d/1O15cnjBKEuS6znLHmu45yW3xr2wfjsBh/view

The other campaigns are on-going and the previous updates remain as to "why" they haven't been completed yet.

@cecil you asked, you received.
 
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Apr 15, 2019 at 10:46 PM Post #5,197 of 5,946
The choice is close LHL and get nothing.
[merged]

What I was saying is that this isn't actually the choice, or not ours at any rate. There is no official LHL entity anymore. The only people who can decide to "close LHL" aren't we customers, but the people doing business as LHL. It's their decision whether or not to put up money in place of what they received from the backers, and their decision whether or not to use it for refunds or to build Waves. None of this is our choice, and since we don't have a choice, "would you rather" isn't a real question.
 
Apr 15, 2019 at 11:02 PM Post #5,198 of 5,946
Larry Audio File (2:34 min) on the Analog campaign which people have been asking about:

BTW, in case anyone asks, when he says "headphones" he means headphone amps. Not actual literal headphones.

https://drive.google.com/file/d/1O15cnjBKEuS6znLHmu45yW3xr2wfjsBh/view

The other campaigns are on-going and the previous updates remain as to "why" they haven't been completed yet.

Sorry Larry ran campaigns that had no chance of raising enough money...LOL...and he says it is "funny" Overall he says LHL is a bad business model and "burns out" LMAO!!!
 
Apr 15, 2019 at 11:09 PM Post #5,199 of 5,946
Sorry Larry ran campaigns that had no chance of raising enough money...LOL...and he says it is "funny" Overall he says LHL is a bad business model and "burns out" LMAO!!!

So, here's what we have here: people demanding Larry speak up and give an explanation. So he does, and he gets slammed for a) the content of the message and b) the language barrier. Exactly as I predicted, which is what I've stated multiple times: no matter what LH Labs or Larry says [regardless of content], people won't be happy, which is exactly why we have Submarine Larry in the first place.
 
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Apr 15, 2019 at 11:29 PM Post #5,201 of 5,946
I'm unsure OTHER backers would like to get zero updates (as in the past), but maybe they all back your play on this. I don't really know, but, again....it's up to the community to police itself, as I've stated multiple times.

We COULD have distilled this update into one or two sentences: "Analog campaign is still forthcoming pending additional funding." Done. Instead, Larry gave you a candid 2 minute conversation update which provided more information than the past 2 months have on that campaign.
 
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Apr 15, 2019 at 11:35 PM Post #5,202 of 5,946
Crowdfunding is not a Business Model, it just tools that helps bringing good ideas into reality, the bad are the one behind the crowdfunding platform that keep the comisssion and do nothing and allow such abuse and the one that execute the ideas without finance discipline, seeing the money coming in everyday while campaign running and received a large sum of money after the campaign, same money in the hands of difference people sure will have difference outcome, don’t blame the other for the failure!
 
Apr 15, 2019 at 11:42 PM Post #5,203 of 5,946
Giving update is campaigner duty as IGG stated, no excuse to avoid that, LH Labs should refuse the money if not going to abide and obey the crowdfunding requirement, even donation to charity organization will have finance report annually as law required for charity organization status.
 
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