I have noticed that the press reports covering the OSSIC situation have been all over the map in regards to how much money was raised in support of the OSSIC X Headphones. So I went to the source to verify crowdfunded amounts. Here we go;
Angel investors $6,000,000. or more
Total $11,932,914. or more
In addition it has been reported that OSSIC was able to raise significant additional funds from “Angel investors” and that the crowdfunding represented less than 50% of the total invested.
Amazing numbers to be sure. Especially if you look back to the inception of the first Kickstarter campaign. The goal was $100,000. I bet those Angel investors are really mad!
Now, if they were not able to manufacture the product with nearly $12 million dollars, how were the planning to do it with $100,000?
It seems quite apparent that this was a scam from day one.
It is painfully obvious that these guys could not manufacture their way out of a paper bag, with all the money in the world…