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  • Hey all, just changed over the backend after 15 years I figured time to give it a bit of an update, its probably gonna be a bit weird for most of you and i am sure there is a few bugs to work out but it should kinda work the same as before... hopefully :)

Confessions...

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Haven't been hearing a lot from the top. Does this mean they are changing more than the lens mount lubricant?

Honestly. lets get these cameras out there. At this point I rather pay to upgrade the camera later. There is so much amazing work to be done with the camera in its current state.
 
jing said:
There's obviously cost. And I would imagine that Red is in the red right now. Jim is wealthy, but is he a Bill Gates?
Click to expand...

Hi,

I would imagine that Jim will be in profit and have a positive cash flow before camera 1000 is delivered, that will probably be February / March 2008.

Edit Remember money is made on accessories as well such as the $500 Compact Flash Unit.

Stephen
 
Stephen Williams said:
Hi,

I would imagine that Jim will be in profit and have a positive cash flow before camera 1000 is delivered, that will probably be February / March 2008.

Stephen
Click to expand...

I agree with you. It seems like that was the original goal. I remember 1000 R's for the first adapters. But, since the expansion- Scarlet, Lenses, upgrades, monitors, my guess is more like 2000

Vladimir Eugene
 
I'll be happy to see Red succeed financially, cause they'll make a better example for making business.

But they should beware, cause becoming a "big boy" could be risky.

The Romans fell because they killed everyone else, almost by mistake. They became too big and powerful and that was the beginning of their end... and then we came... :)
 
jing said:
There's obviously cost. And I would imagine that Red is in the red right now. Jim is wealthy, but is he a Bill Gates?
Click to expand...

From Wikipedia:
"He [Jim] was placed by Forbes Magazine at number 239 on the Forbes 400 in 2007 with a net worth of $2 billion."

Good 'ole wikipedia :biggrin: !!

Seriously, I wouldn't worry about RED slowing down production because of lack of funds... For one thing they've already got reservations for over 4,000 cameras plus probably accessories. Also I'm pretty sure they have people investing in their company - their money's not all coming from Jim... at least I don't think :meh:.

Anyway guys, just be patient!!
 
Callled yesterday and they said they had to unpack the cams, take 'em apart, fix, test and are in the process of repack. They'll let me know when it ships. I'm kinda bummed. I've tried my best to be the "patient" and loyal customer. I admire Jim and the company as trailblazers in this business and understand the pressures involved.

But now we really have to get to work and having this camera will be crucial. So here's to getting some grease on this squeeky wheel:

My Red is paid in full and I still don't have it. I want my Red #138 now.

Waiting sucks. Especially when you have such a low number and see others with photos of their cameras on the coffee table...

Thanks to Sean, Brent and the gang for keeping me updated and pushing along. Hope you guys enjoy the Hawaiian red leis and coffee.
 
galexander said:
leap of faith..??? wtf? there's no deity involved.
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Wow. That was taking it way to literally there, g. Everyone knows the Red isn't going to explode onto the Hollywood scene overnight. Haha. Jim said it wasn't finished which is one of many logical reason as to why it hasn't been adopted. The camera is kick ass, no doubt, but there is a long way to go. Let people revel in the product they have sunk so much hope into. I don't see why you feel like you have to try to dish out a reality check.
 
vincelucero said:
My Red is paid in full and I still don't have it. I want my Red #138 now.

Waiting sucks. Especially when you have such a low number and see others with photos of their cameras on the coffee table...
Click to expand...


Having a number that low must be excruciatingly painful. :huh:

Watching the clock...

... tick... tick... tick... tick... tick...

Something to look forward too myself around March or April, I guess. :unsure:
 
quick biz analysis

quick biz analysis

Stephen Williams said:
Hi,

I would imagine that Jim will be in profit and have a positive cash flow before camera 1000 is delivered, that will probably be February / March 2008.

Edit Remember money is made on accessories as well such as the $500 Compact Flash Unit.

Stephen
Click to expand...

I suspect you are right Stephen - here's my thumbnail analysis.

300 cameras at $25000 average per sale (may be higher) = $7.5 million sales

a) 1 to 2.5 million for 1st 1000 Mysteriums

b) 1 million in rent/utilities/etc.

c) ~2 million in salaries for Jan 2005 - Jan 2007

d) 1.625 million ~$5000 per camera direct cost for camera (not inc. sensor) 325 includes city name cameras x$5000 =

e) $ 900,000 $3000 x 300 cost ($7500x300=gross) for the lower margin accessories batteries/lenses, etc. sold with the cameras to make the average $25K sale.


2.5 mil mysterium
1 mil rent
2 mil salaries
1.625 cams
.9 mil acc.
-------------
$8.025 million total cash flow of project and 700 more mysteriums paid for.

Obviously doesn't count whatever the owner pays himself.
 
AquaVideoRed206 said:
I suspect you are right Stephen - here's my thumbnail analysis.

300 cameras at $25000 average per sale (may be higher) = $7.5 million sales

a) 1 to 2.5 million for 1st 1000 Mysteriums

b) 1 million in rent/utilities/etc.

c) ~2 million in salaries for Jan 2005 - Jan 2007

d) 1.625 million ~$5000 per camera direct cost for camera (not inc. sensor) 325 includes city name cameras x$5000 =

e) $ 900,000 $3000 x 300 cost ($7500x300=gross) for the lower margin accessories batteries/lenses, etc. sold with the cameras to make the average $25K sale.


2.5 mil mysterium
1 mil rent
2 mil salaries
1.625 cams
.9 mil acc.
-------------
$8.025 million total cash flow of project and 700 more mysteriums paid for.

Obviously doesn't count whatever the owner pays himself.
Click to expand...

Wow.. I WISH it was this cheap. What about all the lawyers Jim uses to scare the people that do things he doesn't like!!!

Trust me.. They are out there! :)

A company like this, in this industry would have a very active legal team, for a number of reasons, some good, some bad. :(

Jay
 
lawyers

lawyers

Jay A. Kelley said:
Wow.. I WISH it was this cheap. What about all the lawyers Jim uses to scare the people that do things he doesn't like!!!

Trust me.. They are out there! :)

A company like this, in this industry would have a very active legal team, for a number of reasons, some good, some bad. :(

Jay
Click to expand...

You may be right so add another 5 million for lawyers and it will be another month or do as Dick the butcher said: "The first thing we do, let's kill all the lawyers."
 
AquaVideoRed206 said:
I suspect you are right Stephen - here's my thumbnail analysis.

300 cameras at $25000 average per sale (may be higher) = $7.5 million sales

a) 1 to 2.5 million for 1st 1000 Mysteriums

b) 1 million in rent/utilities/etc.

c) ~2 million in salaries for Jan 2005 - Jan 2007

d) 1.625 million ~$5000 per camera direct cost for camera (not inc. sensor) 325 includes city name cameras x$5000 =

e) $ 900,000 $3000 x 300 cost ($7500x300=gross) for the lower margin accessories batteries/lenses, etc. sold with the cameras to make the average $25K sale.


2.5 mil mysterium
1 mil rent
2 mil salaries
1.625 cams
.9 mil acc.
-------------
$8.025 million total cash flow of project and 700 more mysteriums paid for.

Obviously doesn't count whatever the owner pays himself.
Click to expand...

Don't you guys have something to go shoot?

Jim
 
Bravo...!

Bravo...!

Jannard said:
Don't you guys have something to go shoot?Jim
Click to expand...

Bravo...! Well Said...

cKane.gif


Yes... yes... but only in jest...!
 
You (Jim, Red& co) has mine too, It´s probably sitting on a shelf with it´s brothers and sisters thinking... doesn´t someone out there have a home for me? What am I doing here on a weekend!?

I have room in my mailbox this coming week, for the long awaited "your camera is ready to ship" mail.... so get it out!
 
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