How about answering about what are you planning to do with the hardware and the hundreds of thousands of dollars invested in new hardware.
I've stated I'm working on the specifics of this.
The 'original' IPO contract states 0.25 BTC for a 'minimum' of 100MH/s.
This works both ways, you refund all bonds held at 100MH/s at a price of 0.25 BTC for however long that takes with future hardware purchases bought with BTC invested.
Failing that refund all bonds at their original purchase price you can interrogate the blockchain - that is what it is there for.
Legally the IPO is not 'fit for purpose' so a refund 'at any time' of all investments means no one is out of pocket - a great idea crushed by 'the man'. Effectively unwinding all financial possitions held.
The honorable thing to do, no?