I helped build a 3D printer that could be sold at a profit for $100. We succeeded. Then we were all surprised when there was no money left to produce them.
I'm not sure how I should make it more clear that I'm "one of them." I haven't exactly hidden that fact. I've mentioned it in many of my comments. That said, I was only a contractor, and haven't done any work on the project since January 2015. If it makes you feel any better, I'm pretty sure I'm still owed more money than any backer put in.
Well, the really sad thing about this is we had a working printer in January 2015. It's finicky, sure, but so is our Solidoodle. Not only did we have a working printer, but it would have been profitable at $100.
It's true that in Canada it is exceedingly difficult to seize a person's home. So, even if PP successfully sued David, the chances of getting the money before $99 teleporters are common would be slim to none.
As part of lauching a kickstarter, you agree to use all the funds raised to produce the rewards promised to backers. So, potentially, the backers could probably sue if they can prove that the money wasn't all used for that.
Well, a significant difference between this situation and the iFind is that the Peachy Printer actually works. It even works well, compared to the $800+ solidoodle at our hackerspace. It was working well enough to clean up the design and start shipping kits back in January 2015. Sadly, that also coincided with discovering the money reserved for actually making the printers was held up as collateral for David's house. (which turned out to not be the truth anyway) David kept stringing us along for a while, while Rylan explored other ways to raise some money to ship. And, if you've watched the videos and read the website you know the rest.