RIP Philo

Self filling water bottle goes bankrupt

It only cost them $300,000 to decide they couldn't beat thermodynamics.
Permalink Virgil Tracy 
September 13th, 2018 8:30pm
Everyone who invested in this obvious boondoggle got exactly what they deserved.

As well as the other 99.99% of obvious Indigogo scams.

I've not seen the 0.01% that deliver, but I assume there must be some that accidentally fail to be a total scam and somehow deliver. Like maybe the guy offers to fart for $1 and then actually does fart at some point incidentally.
Permalink McCain's Tumor 
September 13th, 2018 9:09pm
Wee need $30,000 to make these water bottles! It's a sure thing! Risks are minimal! We already got it working, we just need to make the gosh darn things!

(raises $345,576)

(buys luxury cars)

(pays self huge salary)

... two years later ...

Sorry everybody, we ran out of money. We blame the haters! See ya!
Permalink McCain's Tumor 
September 13th, 2018 9:11pm
OH I LOVE THIS PART.

> The filing fee is Euro 23,00 and has to be paid directly to the bank account of the Insolvency Court IBAN  AT77 0100 0000 0546 0470, BIC BUNDATWW. This fee will not be refunded.


bavarian court system: HMMM... A BUNCH OF SUBGRADE MORONS SPENT $350,000 ON PHANTOM WATER BOTTLES. HOW CAN WE, THE BAVARIAN BANKRUPTCY COURTS PROFIT BY RIDING THESE DUMBASS MOTHERFUCKERS RAW?
Permalink McCain's Tumor 
September 13th, 2018 9:13pm
So you spent $165 on the bike water bottle early discount. (145/200 claimed.)

20% recovery max is $33USD.

But you have to pay a 23EUR filing fee, which is $27USD.

And you only get the 20% if they can find that much, after deducting court cost and legal fees from the company that has $0 left in the bank.

This is ONLY a fleecing of dumbshits by the courts. There's not even the slightest intention to get them a cent back. It's about saying wow these people are stupid. We, the courts, should fuck them over too!
Permalink McCain's Tumor 
September 13th, 2018 9:23pm

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