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Author Topic: Sinden Lightgun Kickstarter date revealed!  (Read 85213 times)

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Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #80 on: May 14, 2019, 09:59:00 am »
Less than 48 hours and hes over 800%!!

Thats some serious backing!!

Now the question that arises is will the manufacturing process he has chosen be able to scale production up 800% and still deliver in a timely manner without running into to quality problems/cost overruns that cause him to be unable to deliver as promised without taking 8x the time !

Over 900% now though!

The funny thing is its now pulled in nearly the amount he was after with the original KS.

Obviously though he has worked very hard to show the product, Improve on criticisms  and gain the trust of the community.


Mike A

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #81 on: May 14, 2019, 10:05:41 am »
I don't see how he can gain any trust until someone has a light gun in their hand. He needs to deliver on over 1900 units with only 300 thousand dollars minus whatever income tax he has to pay on that money. Kickstarter funds are considered income. This is a pressure cooker in the making.

JDFan

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #82 on: May 14, 2019, 10:11:55 am »
I don't see how he can gain any trust until someone has a light gun in their hand. He needs to deliver on over 1900 units with only 300 thousand dollars minus whatever income tax he has to pay on that money. Kickstarter funds are considered income. This is a pressure cooker in the making.

And don't forget the Kickstarter Fees (5%) and their payment processing fee (Stripe ( 3-5%)) etc. which takes about 30K of that 300K right off the top !
« Last Edit: May 14, 2019, 10:13:46 am by JDFan »

Mike A

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #83 on: May 14, 2019, 10:18:36 am »
I just noticed he formed a LTD. That would fall under corporate taxes first. SO (income - allowable expense)* .19 = UK corporation tax.

I am not familiar with UK allowable expenses, but in the US you can wipe out a lot of your corporate tax liability with expenses and losses.

The trouble would come when he tries to take money out of the company. Then he gets hit with individual income tax. Double whammy.

This stuff gets complicated fast and it is where many people fall flat. Unexpected tax liabilities can kill a company fast.

Cash flow is probably the biggest hurdle. It is great to start with gobs of money but the flow is more important.

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #84 on: May 14, 2019, 10:38:50 am »
Agreed its a hard slog, But he has stated on more than one occasion that he wants this to just be the beginning of something bigger.

This is phase 1 (as he has named it).
Phase 2 he wants to go wireless and look at making it compatible with other original consoles.
He has already got it working with PSX so that is a good start as PSX and PS2 are the biggest lightgun systems out there.

The fact he has a 900% backing shows that people want this and so if he nails it then there will be no shortage of customers to buy his product so cash flow should not be a problem especially with future updates.

And when I said he has been trying to build trust thats all he can do. Admittedly you cant say 100% until the product is shipped out to customers but he has tried hard to get it into the hands of people to try it for themselves and give criticism of it.

Obviously I had a day of playing with it and several others have to as well as that you tube guy.

Apart from that I dont see he could of done anything else to show the product works and get community backing.

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #85 on: May 14, 2019, 10:40:47 am »
Yeah, well, if that other thread is any indication, this dude better hurry the ---fudgesicle--- up.


Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #86 on: May 14, 2019, 10:43:55 am »
Yeah, well, if that other thread is any indication, this dude better hurry the ---fudgesicle--- up.

Cant rush a quality job dude you know that :p

ZTylerDurden717

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #87 on: May 14, 2019, 10:49:20 am »
Yeah, well, if that other thread is any indication, this dude better hurry the ---fudgesicle--- up.

Cant rush a quality job dude you know that :p

The YT link you posted earlier I was hoping the host would provide his conclusive opinion or at least some more perspective.  Obviously you've been optimistic after your experience--but this guy was like  :blank:

Mike A

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #88 on: May 14, 2019, 10:49:50 am »
Those are the famous last words of companies with great ideas that have crashed and burned.

A bird in the hand..

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #89 on: May 14, 2019, 10:56:40 am »
Those are the famous last words of companies with great ideas that have crashed and burned.

A bird in the hand..

What mine? Maybe is I aint a company though :p
But its a sentiment I hold true all the same, I am willing to pay for quality but I dont want to drop good mullah on shite.

Yeah, well, if that other thread is any indication, this dude better hurry the ---fudgesicle--- up.

Cant rush a quality job dude you know that :p

The YT link you posted earlier I was hoping the host would provide his conclusive opinion or at least some more perspective.  Obviously you've been optimistic after your experience--but this guy was like  :blank:

To quote that bloke "I think a PC hooked up with this and a shed load of emulators and roms you are going to have a great lightgun experience I think"

Not sure how much more positive you would expect?

Mike A

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #90 on: May 14, 2019, 10:58:28 am »
Its okay Titch. You don't have to defend this guy. I hope he succeeds. I just know how this stuff normally works out.

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #91 on: May 14, 2019, 11:01:49 am »
Its okay Titch. You don't have to defend this guy. I hope he succeeds. I just know how this stuff normally works out.

I dont need to defend him mate, I am invested same as everyone else who has donated to the KS.
But my point is he has done all the right things to make me believe in him.

You will remember when this got originally announced I was the big critic who brought it here with skepticism but he won me over so I feel it is fair to give him a chance and obviously many others have to.

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #92 on: May 14, 2019, 11:02:03 am »
Yeah, well, if that other thread is any indication, this dude better hurry the ---fudgesicle--- up.

Cant rush a quality job dude you know that :p

You’re really putting your rep on the line with this project. I have no reason to doubt the guy’s intent, but I hope the points JDFan made don’t become an issue.
***Build what you dig, bro. Build what you dig.***

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #93 on: May 14, 2019, 11:03:37 am »
Yeah, well, if that other thread is any indication, this dude better hurry the ---fudgesicle--- up.

Cant rush a quality job dude you know that :p

You’re really putting your rep on the line with this project. I have no reason to doubt the guy’s intent, but I hope the points JDFan made don’t become an issue.

Me to bud, Like I said I have my hard earned invested in this to.

ZTylerDurden717

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #94 on: May 14, 2019, 11:15:56 am »

To quote that bloke "I think a PC hooked up with this and a shed load of emulators and roms you are going to have a great lightgun experience I think"

Not sure how much more positive you would expect?

Ah, British enthusiasm lost in translation then  :cheers:


Mike A

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #95 on: May 14, 2019, 11:17:18 am »
Its metric enthusiasm.

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #96 on: May 14, 2019, 11:18:11 am »

To quote that bloke "I think a PC hooked up with this and a shed load of emulators and roms you are going to have a great lightgun experience I think"

Not sure how much more positive you would expect?

Ah, British enthusiasm lost in translation then  :cheers:



LOL dont think we are quite that bad but yes something like that :p

opt2not

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #97 on: May 14, 2019, 02:49:24 pm »
I didn't end up backing this.  I'm curious, but I don't usually take that kind of risk on a KS for the money he's asking for the unit.  I'd like to see how these turn out, or if anyone else comes up with a similar solution for cheaper. Or if he eventually puts out a DIY kit that is cheaper, I might spring for that. We'll see. 

ryoken

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #98 on: May 14, 2019, 03:18:37 pm »
Half year of waiting is what kill my hype.

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #99 on: May 14, 2019, 03:21:11 pm »
Half year of waiting is what kill my hype.

Thats always the killer.....

I have a few things I am waiting on from KS atm and 2 pre orders that I cant wait to get hold of....

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #100 on: May 14, 2019, 05:45:25 pm »
Yeah decided not to back it right now because I don't want 400 dollars tied up for months. I'll wait until he has everything going and purchase then. 900% backed is going to be tough to deliver. I really hope he succeeds.

JDFan

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #101 on: May 14, 2019, 08:28:58 pm »
Yeah decided not to back it right now because I don't want 400 dollars tied up for months. I'll wait until he has everything going and purchase then. 900% backed is going to be tough to deliver. I really hope he succeeds.

THat's where he should have had limited Qty's of each support level with extended support levels with later fulfillment dates as the thing sold well - So those that initially supported got the first batch etc. instead of just taking all backers on the same delivery dates.  :dunno

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #102 on: May 15, 2019, 01:39:42 am »
Yeah decided not to back it right now because I don't want 400 dollars tied up for months. I'll wait until he has everything going and purchase then. 900% backed is going to be tough to deliver. I really hope he succeeds.

THat's where he should have had limited Qty's of each support level with extended support levels with later fulfillment dates as the thing sold well - So those that initially supported got the first batch etc. instead of just taking all backers on the same delivery dates.  :dunno

Must admit this did surprise me also.

But I guess it will bring the costs down the more he orders in 1 batch.

Mouldings especially.

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #103 on: May 15, 2019, 06:47:03 pm »
Yeah decided not to back it right now because I don't want 400 dollars tied up for months. I'll wait until he has everything going and purchase then. 900% backed is going to be tough to deliver. I really hope he succeeds.

THat's where he should have had limited Qty's of each support level with extended support levels with later fulfillment dates as the thing sold well - So those that initially supported got the first batch etc. instead of just taking all backers on the same delivery dates.  :dunno

Must admit this did surprise me also.

But I guess it will bring the costs down the more he orders in 1 batch.

Mouldings especially.
He may just not have thought of doing it that way.  Hopefully KS gives him the dates each backer pledged on so he could send out things in batches with early batches going to early backers. Not that I am an early backer or anything like that.  <walks away whistling.....>

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #104 on: May 17, 2019, 04:59:43 am »
I pledged this very early on and also hope they get shipped via the date they were backed

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #105 on: June 08, 2019, 04:34:07 pm »
Looks like Sinden licensed the technology to Polymega for their new “multi-console” machine. Looks like it could be a cool matchup...

https://www.polymega.com/2019/06/05/light-gun/

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #106 on: June 08, 2019, 04:36:41 pm »
Guess they will just have to re-gain the trust of the masses then as Polymega is a bit of a laughing stock atm.

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #107 on: June 08, 2019, 05:42:40 pm »
If he sold out to them I find it unlikely that the agreement allows him to make a competing product.

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #108 on: June 08, 2019, 05:48:33 pm »
If he sold out to them I find it unlikely that the agreement allows him to make a competing product.

I would imagine he has just licensed the use of his tech rather than the product itself.


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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #109 on: June 08, 2019, 05:52:16 pm »
It would be a dumb agreement if they paid him and then allowed him to sell a product that directly competes with them. It never works that way.

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #110 on: June 08, 2019, 05:57:33 pm »
It would be a dumb agreement if they paid him and then allowed him to sell a product that directly competes with them. It never works that way.

Its not really competing with them though.
The poly mega (if it ever actually becomes a thing) Is a FPGA hardware emulation machine to play real games on plus it looks  like it is having its own style gun.

Andys is (currently) aimed at DIY software emulation on PC and Rpi’s.

Besides that after his kick starter success hes in a better position to negotiate a deal that benefits him.


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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #111 on: June 08, 2019, 05:58:54 pm »
It would be interesting to hear from him about it.

Titchgamer

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #112 on: June 08, 2019, 06:02:02 pm »
It would be interesting to hear from him about it.

For sure.

I wouldn’t bank on hearing anything from him any time soon though.

I know hes up to his eye balls trying to get it off the ground as promised.

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #113 on: June 08, 2019, 06:06:28 pm »
I freaking hate that excuse for lack of communication. I seriously doubt he is working more hours than I do and I still have time to impart my vast wisdom and knowledge on you guys. I see that excuse all of the time with this hobby. It takes very little time to respond to people. Especially the people like you who gave him money.

Mike A

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #114 on: June 08, 2019, 06:11:12 pm »
I guess we can just wait and see. Hopefully everything works out.

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #115 on: June 08, 2019, 06:41:07 pm »
I wonder if Polymega will help him with manufacturing his own version of the gun as part of the deal? As Titch said, they are licensing his technology for their unique gun that works with their proprietary system. A gun from Sinden that is sold for Windows or other systems wouldn’t really compete with Polymega’s product.

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #116 on: June 08, 2019, 07:20:46 pm »
“Great news, guys, instead of a light gun you’re gonna get a $20 coupon towards a polymega....” in 5...4...3...

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #117 on: June 08, 2019, 07:30:45 pm »
pbj gets it.

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #118 on: June 08, 2019, 07:58:46 pm »
Hopefully they aren’t both vaporware. LOL!

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Re: Sinden Lightgun Kickstarter date revealed!
« Reply #119 on: June 09, 2019, 01:52:05 am »
Straight from the horses mouth :)

“Separately the company behind the upcoming Polymega console have been in touch and we have agreed a partnership to get the Sinden Lightgun working on their console.  It's a multi system emulation console that works with original game cartridges and CDs and includes PS1, Saturn and NES support plus others.  I'm quite excited about the potential of the combination because those systems have such great lightgun games. 

We have agreed that they will use the same hardware and software being developed for the Sinden Lightgun Kickstarter but they will manufacture it themselves in their own custom designed shell.  So it won't create a distraction from my most important project which is delivering the Sinden Lightgun to all you guys.”