If they don't reach the target in 60 days it will be left open if it's close. Also, if anyone reads the article they would see this:
Quote:
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If we don’t make our funding goal we will keep the campaign open, so people can make donations if we are close. If we are far beneath our goal, we will process refunds for everyone.
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There's been some projects I never got my perk or a refund from, but a refund was never a possibility. I never have a guarantee when I buy stock... so life isn't always safe.