D5 Hammer Project - Financing and Sales Task

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healyje

Trad climber

Portland, Oregon

Topic Author's Reply - Dec 31, 2009 - 06:23pm PT

Ed, pretty busy of the past month and missed his post, thanks for the catch. I'll get ahold of him.

healyje

Trad climber

Portland, Oregon

Topic Author's Reply - Dec 31, 2009 - 06:43pm PT

Hi All,

I would consider financing the project, if we can get some idea on production time, current funding that is in the bank, confirmed number to be purchased, detailed costing broken down into separate line items and some form of written production schedule.

I am happy to cover the production costs for the entire number ordered as well as a written form of intent to purchase from those that are currently listed on the purchase schedule. If interested in the up front cash please email me at directord@overwatchgroup.com

Dave

Edit: I have the money in the bank and am happy to finance the first production run to save getting finance through an organisation. I will do this with some further discussion or email by the designers.

Dave, sorry I missed your post above and appreciate your interest in the project. To answer your questions,

We have no money in the bank at all

Looks like we have 180 folks or so interested in buying one

A presently unknown number of those are willing to prepay

Here's a link to estimated costs (x a quantity of 250)

Theron will be doing the production schedule which will have time built into it to [re]create/workout the heat treatment, jigs, finishing and assembly John went through with the original (he's been helping us from his new home in Tasmania)

Theron is already producing hangers, Tomohawks, and Leeper Cams out of his otherwise non-climbing oriented metals business and selling them through Mountain Tools and I've asked him if it might be possible that they could sell any remaining hammers from the 250 that we don't sell through Supertopo.

I'll send this in an email as well.

Acer

Big Wall climber

Jan 10, 2010 - 12:08pm PT

Well I would like to have one too.

5 years in the making.

MOsucks

Mountain climber

Generally MO but I get out of here every chance

Jan 10, 2010 - 12:47pm PT

Sounds like we need a count of people to prepay and maybe a new count of those still interested...

Acer

Big Wall climber

Jan 10, 2010 - 01:38pm PT

Looks like money is the only hold up. This project could be done already.

Reading the posts, the Project managers have asked for help but are NOT taking it. I am sure they have had multiple offers to fund the hammers.

I will right the checks tomorrow.

250 hammers will be made.

180 will be sold ASAP if not all. If not, I guess I bought a few more.

Costs covered. Lowe Fund is supported. Moses corp paid. Ajax paid.

Maybe I should get 10% as the Silent Partner.

dangry

Trad climber

the bay-sierra complex

Jan 11, 2010 - 04:51pm PT

ready to prepay just let me know where to send the funds. With the lack of snow the valley is calling.

bluering

Trad climber

Santa Clara, Ca.

Jan 11, 2010 - 04:55pm PT

I am ready to prepay as well...

squishy

Mountain climber

sacramento

Jan 11, 2010 - 05:12pm PT

Me too...

Studly

Trad climber

Jan 11, 2010 - 05:13pm PT

Ready to prepay.

and I'd pay twice as much if Bridwell autographed it.

I just finished reading The Stonemasters book by John Long and there is one incredible photo of Bridwell and crew top of El Cap after the first ascent of the PO Wall. It captures such a moment in history, and shiver my timbers if Bridwell doesn't look like a pirate in that photo with the rest of his motley crew chilling after a wild ocean crossing. Aye lads!

healyje

Trad climber

Portland, Oregon

Topic Author's Reply - Jan 11, 2010 - 05:31pm PT

Appreciate it. The schedule, call, and payment approach will ultimately be up to Theron who will be carrying the majority of the risk - it's still in play and we'll keep you posted.

SteveW

Trad climber

The state of confusion

Jan 11, 2010 - 07:11pm PT

As I said before, let me know where to send my dinero!!!

Thanks for the work, guys!!!

couchmaster

climber

pdx

Jan 11, 2010 - 08:20pm PT

Acer said:
Jan 10, 2010 - 10:38am PT
Looks like money is the only hold up. This project could be done already.
Reading the posts, the Project managers have asked for help but are NOT taking it. I am sure they have had multiple offers to fund the hammers.
I will right the checks tomorrow. 250 hammers will be made. 180 will be sold ASAP if not all. If not, I guess I bought a few more.

Costs covered. Lowe Fund is supported. Moses corp paid. Ajax paid. Maybe I should get 10% as the Silent Partner.

Excluding the last line, there is no risk to Theron is he takes up one of these fellas on the funding of the project.....

....Theron? I will prepay to get it rolling as well if you don't want to accept the entire funding outright as offered of course.

healyje

Trad climber

Portland, Oregon

Topic Author's Reply - Jan 11, 2010 - 09:21pm PT

Acer,

Theron and I would love to talk with you, the issue is money, but the previous offers have all appeared to have some investment expectations which we simply can't provide or offer in this case. I'll email you and please get back with me by email or phone if that's not the case.

Luke Malatesta

Big Wall climber

Moab UT

Jan 11, 2010 - 09:33pm PT

ready to prepay as well

dangry

Trad climber

the bay-sierra complex

Feb 11, 2010 - 02:21pm PT

BUMP...any new updates?

T Moses

Big Wall climber

Paso Robles

Feb 11, 2010 - 03:09pm PT

Give me a couple of days. Getting a requote from Ajax right now. I'll give more details once I get them ironed out. I don't want to let the cat out of the bag to soon but financing might be solved.