These Paypal documents from the JooJoo/Techcrunch lawsuit show that only 90 preorders for the $US500 device, roughly $US44k worth, were made.
And 15 of those turned into cancellations. That doesn't seem like it's enough money to cover legal fees or kick production into high gear. I'm going to reiterate our stance: It seems like a great device, but you should wait for things to shake out before putting down more money. And remember, this costs as much as an iPad.