The failure of an very ambitious team. Polish VR goggles Cmoar unfortunately did not hit the market. After almost two years of work on the hardware makers have announced completion of the project.
Damian Boczek, founder Cmoar LTD – admitted that they made mistakes and bit of more than they could chew – but this comes after a year and a half full of promises and false hope.
The excel sheet of finances did not add up, funding coming from Indie GoGo and Cmoar were plenty and yet cmoar failed to deliver, or even show a demonstration lasting longer than 5 minutes.
They spent kickstarters/indiGoGoers money on other side projects and not the original headset as promised.
So with Zero funds left and Cmoar being left in arrears (accordingly), no refunds will be issued. This all seems like a farce.
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