If $250.000 is not raised :

"-The funds will be sent back to you minus the transaction fees. Klijnsmit guitars is not responsible for the loss in fees. You will receive the funds back in the dollar value that you have sent, not the BTC amount you have sent (anything could happen in 2 months, BTC could go to $7000 or to $17.000, who knows. If you bought $150 of MIT and paid in bitcoin you receive a value of $150 back in bitcoin on the BTC/USD value of the sending day minus the fees."