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  #27  
Old 02-28-2018, 07:27 AM
NYCfixie NYCfixie is offline
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Join Date: Dec 2015
Location: 10065
Posts: 928
Quote:
Originally Posted by Llewellyn View Post
Passing the hat around every so often is not a viable business model.
Unless you want to be the best - and last - buggy whip maker.


Quote:
Originally Posted by oldpotatoe View Post
Little surprised he's so open about the $..I wonder if it has tax repercussions.
Probably not until someone makes a purchase and Riv ships product. Those credits are like gift cards, a debt to be paid in the future on the balance sheet. The 215k is not free money but I am sure you already know that.


P.S. I wish them well no matter what happens but this might be the last time he can throw a hail mary or pass the hat around. This was very public and very different compared other times when he has just asked for orders.