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Reply to "CPR Passenger Car Exclusive from MTH"

Originally Posted by gunrunnerjohn:

It's best to read what happens when crowd funding fails to reach it's targets, yet the money has been spent already on early engineering.  You're likely not to receive either the product or the refund.

 

I think I can wait for it to show up in a manufacturer's catalog.

 

I have a friend who used Indiegogo to raise funds for a project and am familiar with how it works. This passenger car project is a fixed funding campaign which means if they (Chinook and Hobby West) do not reach their funding goal by the end of the campaign period, then all the money raised is refunded in full by Indiegogo to those who contributed. All contributions are held by Indiegogo during the campaign until the campaign period is over. If the project reaches its funding goal, only then are the funds transferred to the campaign owner for production to go ahead. Unlike other projects, this one probably doesn't have any engineering hurdles to overcome.   

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