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Actually, he is "lying through his teeth." He states in today's update: "Federal regulations regarding lithium-ion batteries have become more and more strict each and every month, which has caused a significant, and disappointing, delay in shipping the Wave to our backers." There have been NO...

This seems to have class action by the CA AG all over it, doesn't it? The campaign raised over $800,000. That's not chump change.

Thanks, George. Yeah, it does seem as if they are working their way up to a major law suit now that the promised battery is toast. I have just opened a support ticket with Indigogo but I expect I'll be one of hundreds. Other than persuing a legal action using the California Attorney General...

Hi all, new member here. And feeling a bit of a fool. Here's the "update" from Wave I received today (and yes, I bought into the Wave bike a few months back, they have my $599+$199 shipping and the promise was July 2015 ship date). I'm not a total idiot, I'm well-versed in federal regulations...