[ABS]

It's clear it's all in good faith but they were at least naive since their project page clearly states the funds were needed to:

- Hire extra talent for things like music, sound effects and additional platform development like Android

- Promote and market to help sell the game and fund future expansions and possible sequels

- Localize the game to other regions like Europe and Asia

nowhere did they write they needed money to set up a company and pay the related fees and buy iPads. I'd be pretty pissed off had I given them money for something specific and then discover the money was used for something else. no?