I may have missed the answer to this but have we established that a refund will be given to investors over the 750 btc set cap?
Yes, they stated there is a cap and all investments that come after the cap is meet will be returned.
Thank you!! lot to paw though... not trying to re-ask questions lord knows we have seen quite a bit of that
Yes, there will be a refund of amounts over 750 BTC based on the order of purchase. At the moment, the policy with BTER is that the sale remains open and participants allowed to seek refunds per the original schedule. We are currently deciding on an option that allows investors to continue to make deposits (buys) with the bonus credit applied based on the time of deposit after the 750 limit is reached. These sales would be treated as a wait list, so if refunds reduce the amount sold below 750 BTC, it would be replaced with investment from the wait list. Any excess deposits over the 750 cap would be refunded in full at the end of the sale, or sooner per the refund policy at the choice of the investor.
We welcome public comment on this option.
I'll defer to another developer on the mechanics of refunds on BTER, though the intent is a simple refund back to the account from which it came.