I have reached out to paypal to reopen communication with them as we are going to be able to fulfill our agreed terms for funds to be released and be able to continue doing business through them. We have a substantial amount of funds frozen in paypal. Based on the terms of our verbal agreement we should be able to achieve near 100% funds being released within the next 2/3 weeks. This is of course reliant on paypal keeping to the agreement (I can't control their actions and if they wanted to make life hard, they undoubtedly could.). Assuming everything goes as planned we will be able to refund the remaining unfilled refunds within the same time frame. I will update as things progress.
I've already privately apologized to several on the waiting list. But I'd like to take the opportunity to apologize publicly to everyone who's still waiting on (edit: or waited excessively for) a refund. The only thing I can do is ask for your understanding of the situation. If I had the personal funds to refund you, I would and keep the boards myself. This was always marketed as a group buy / community action to obtain better pricing. Similar to a kickstarter project or other similar crowdfunding campaign. We said from the get go that shipping dates were estimates. I tried as hard as I could to get the lowest possible pricing and achieved it. Part of the reason why our pricing is so much lower than the other legitimate products that have come to market is due to our small margins on the cards. We may end up at a loss on the sales of the cards. We took these tiny margins so we could pass on cards at the best rate possible. We at Allmine had always intended to get the majority of our revenue (and future profits) from fee collection. We are doing the best we can given the situation; I'm sorry if our best isn't good enough.
None of this makes you not having your refund any better. I hope it will inspire a little patience as we work through shipping so we can have our paypal funds released and work through the remainder of the refund queue.
This kind of shit can happen in any pre order situation and anyone who ordered in that fashion should have known that there was a chance of this happening so I don't see where you need to apologize to anyone.
No good deed goes unpunished.