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Reason for restriction (Score:1)
As you can guess, if we ended up raising just shy of the necessary amount, YAS could be stuck with a couple thousand dollars in fees and no money to cover it. Suddenly, Kevin and I would be stuck footing a substantial bill out of our own pocket....
In light of the discontent this has caused, however, I have talked with Greg McCarroll and we may have a reasonable solution. We will give refunds on your contribution less 5%. That way, you still get most of your money back, but YAS is not bankrupted. In other words, we'll split the risk of things falling apart. Also, anyone paying by check can get a full refund if the check is for more that $500.
We put the $500 restriction in place so that people won't all use checks, resulting in me having to write out and mail hundres of checks. For checks less that $500, we will apply the same 5% refund fee.
Hopefully this is an acceptable comprimise.
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