HE said " if they failed to deliver what they promised" ..which would also be true for pizza or anything he paid for. He never mentioned mining companies. KnC have been super confident from the start and have ORSOC who aren't noobs in ASIC design as partners.
New Company: "Hey guys, we promise we can deliver something no one has before in a timeframe no one has before. Now accepting your money"
Most whiners in this thread: "Things are not going perfectly. I HAVE NO RESPONSIBILITY IN THIS WHATSOEVER. YOU PROMISED ME A SURE THING AND NOW I WANT MY MONEY BACK/TO BITCH AND MOAN POINTLESSLY/ FREE UPGRADES."