Bob_McBob wrote: I'm curious to know whether Invergo has responded to backers, given the flurry of hidden activity on the private update.

Creator Cameron Hughes wrote: No one wants this to succeed more than I do. I have spent the last two years on this project and since the kickstarter has ended I have been working non stop. Yes of course I am requesting additional funding as many other kickstarter projects have just go to Angle.co or Fundable.com and you will see a myriad of other creator's projects. I am not saying progress has stalled because it hasn't it is just more work has to be done before we can start manufacturing.

From the Invergo Kickstarter Update Post wrote: Invergo has been selected by SXSW to speak at the south bites portion of the festival in March of next year. I included a link to it and also a description of what we will be speaking about.

Next Wave Coffee: Technology and the Way We Drink

For centuries, coffee drinkers have been chasing a better cup using ever-more sophisticated methods. Today, principles of chemistry and physics are informing ultra-high-tech solutions to the problem of how to extract the best flavor from beans. This panel will explore the next wave of innovative coffee gear, from a hardware-software package that uses light to diagnose brewing problems to a brewer that aims to mimic how the human hand pours water over grounds. Plus, we'll explain how people can brew coffee at home that competes with the best from any shop.

Speakers

Lawrence Marcus Food & Wine

Erin Meister Counter Culture Coffee

Cameron Hughes Invergo Coffee

SpromoSapiens wrote:Hey, maybe he's right, and his successful kickstarter ploy will attract the big bucks.

Mark Prince (in Kickstarter comments) wrote:Cameron, your response today doesn't instill any confidence or assuage any doubts. I think at this point you need to be crystal clear on what will happen to Kickstarter backers and their money should your attempts to get investor money from third parties fails. I note the only investor so far is a relative on your angel seeding website.

People invested in this product and you in good faith based on your Kickstarter campaign and your promises and schedule. At no point in your Kickstarter campaign did you say "this project is contingent on me raising $XXXXX dollars from third party investors after this Kickstarter campaign is over". People invested, expecting you to keep to your schedule and promises.

You'll need a lot more transparency at this point, including your contingency plans for dealing with your KS backers, before you'll gain some trust back.

Cameron Hughes wrote:Hello all, There have been some questions as well as some confusion and I would like to clear some things up. Progress Progress has not stalled because we have not yet secured a large investment. There is a lot more development we have to do before we start manufacturing. These are things such as securing supply chains for parts and PCB development and integration. We are currently still working on these as we are looking for investors. Why I used Kickstarter We had originally planned to get all the funding through kickstarter in our first project. However the first project failed. That gave us time to take a step back from our project and make a few changes to the machine as well as go with a different strategy. We used Kickstarter in order to further development of the prototype; to get it to the point where it would be ready to be mass manufactured. Another reason is it gave us the necessary traction to be accepted into a business accelerator and we are now extremely confident that we will secure an investment. We have a business plan together and we are confident in the viability of the project and the scope of the business. The reason we didn't tell you about the external funding is we honestly thought that because the goal was set relatively low that you would assume that the money from kickstarter would not be the sole funding source. This is our mistake and we should have disclosed the need for additional capital in the kickstarter. Money Funding as of now $7,500 of my own money as well as from family $32,000 from kickstarter after fees $29,000 is remaining. How the money has been spent $6,000 to build the prototype $1,000 for miscellaneous tools and equipment $500 to set up the Kickstarter $1,500 to CNC the master molds $1,000 on materials and equipment for slip casting ceramics $500 for legal fees If We Fail to Raise Additional Capital This is very unlikely but if we do, will ship everyone the ceramic set as well as refund all the remaining money. Regards, Cameron Hughes | CEO & Founder | Invergo Coffee

Product Development

Ideation: The idea for this project was born out of necessity. There are simply no good automatic coffee machines that can make a single-serving or a carafe.

Design: After developing a solution, we started sketching, building models and prototypes. This allowed us to further refine the details of the machine and ensure a beautiful design that can proudly be displayed on countertops.

Develop: This is the current step in the process. We a have a fully functional prototype and are translating it into a product that can be manufactured. This involves quite a bit of work but, fortunately, nearly all of the engineering and design have been accounted for.

Production: This is the next step in the process, it involves tooling, setting a supply chain for all parts and certification.

July 2014 We will begin by creating the electronics systems with all the finalized production parts. We will make sure all the parts work in unison and that they function properly.

August 2014 After all the internal systems are translated to a production worthy design we will begin creating all the plastic parts by rapid prototyping them. This will be done to ensure that all the parts fit within the casing correctly and that everything functions as it should. Once the pre production prototype is complete we will send off the final designs to be tooled.

September 2014 Tooling is the next process, this step includes the creation of injection molds and other manufacturing components. Also during this time any sourced parts will be secured for our supply chain.

October 2014 By this time we will have a fully functional production prototype. This prototype will then be sent off for certification for home use. During this time we will also create all the packaging and instruction. (Any problems during this process may lead to small design changes.)

November Once certification is completed, we will conduct our final production verification and start mass production.

December 2014 The final step is importing Invergo, and shipping it to your doorstep.

Risks and Challenges:

Almost all the final details of the engineering, design and internal components have been developed. The next stage is securing a supply chain, all the internal components and deciding on a manufacturer. Small hiccups in the supply chain and manufacturing are inevitable and could cause delays.

From the beginning of development, we at Invergo have been conscious of certification compliance and general safety. In accordance with these safety regulations we must submit our product to a certification agency guaranteeing its compliance. Successful production depends on rigorous testing and approval is contingent upon this certification. This contingency could result in small design tweaks that may delay production.