I understand no refund has yet been received, I used todays BTC price as an example but I would have expected the conversion to take place on the time the refund was received whenever that happened in the future. If the price of BTC suddenly shot up to say $3000 then obviously there would be less BTC returned, but that's the assumption I was working from

My point is, the refund option in this poll that people voted for was titled "Get a refund from KnCMiner in USD, convert to BTC and send refunds to share holders.". That isn't what's happened.