And the winner in the 3D printing race to the bottom is - CobbleBot. So this is the latest in a series of “how low can we go” 3D printers crowd funding on Kick$tarter.
Not a lot of details as of yet, and the only principal who’s exposed himself is a lawyer in Houston, Jeremiah Clifft - I guess if they go bankrupt selling cheap printers he’ll be able to handle the case! 
As an aside, they managed to raise $150k with a 41 second video of Mr Clifft saying “you need a big printer”. Goes to show 3D printing is not a hard sell on Kick$tarter these days.
So far, they have shown pictures of their CobbleBot prototype printing with an E3D Hotend, a RepRapDiscount Hex hotend, and a RepRepDiscount gLCD. They have mentioned RAMPS, and the gLCD output looks a lot like Marlin. It also appears that they are cloning - or have found a really cheap source - for Mark Carew’s OpenRail and wheels
There’s not a lot really innovative about the project IMHO, but they are using an interesting cantilevered Y ala PrintrBot to avoid a moving bed. Be interesting to see that moving at their top speed of 250mm/s! 
In any event, assuming they actually deliver a box with all the parts in it that make up the printer, it would be about costs for the lowest Chinese parts I’ve seen.
https://www.kickstarter.com/projects/cobblebot/cobblebot-3d-printer

