Freedom 251 - First myLot Discussion

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A few days back, a company named Ringing Bells announced that they are going to sell the world's cheapest smartphone in India for just Rs. 251 (~$4). There was such a hype at the beginning and they opened the booking at 18th Feb, 2016. Eventually because of the price, everyone started to visit their website and it crashed. There were 6 lack hits/second. So, they stopped the booking and said they will continue later and so they did. They next day, I tried to book one and I did. After booking, the webpage said that they will send a confirmation email with the payment link in 2 days, but they never did. So I got frustrated and was searching all over the web about that phone. A few people who got their hands on that phone did an overview and a review. At that time, I noticed the top part of phone was somewhat not alright, so I paused the video and looked at it closely, there was white paint strip above the screen. The phone also, was exactly the same as the Adcom mobiles. The company claims that the system is running on android Lollipop 5.1. But their UI was very weird as all the icons seemed like an Apple device. The company said that that the cost of manufacturing one unit would be around Rs. 2K, but because of the sudsidy by Indian Government and Make in India, the cost came around Rs. 400. They said that the won't make any profit from that mobile but from some other product. One more thing, they also said that they will be delivering the pieces only in June or July as they have to build a manufacturing unit and then only produce it. I also spoke with my friends regarding this email issue and none of them have received or heard from Ringing Bells. Will they keep up their promise or as the name says, will they ring bells for us laughing??