Quote: Bull Mania "This was the problem i thought we should have had. Basically there should have been terms & conditions if the 500k was reached the money AUTOMATICALLY came out at a certain date and the Bulls should have got the bank details when fans pledged.'"
Well, as we reportedly already have about £450,000 in, I'd say that the method the Bulls used was seemingly very effective, and a far better bet than your idea, which I'm sure would have led to a huge amount less pledges since many would either be unkeen to given bank details or not have any bank details to give (for just 2 reasons).
Quote: Bull Mania "What was to stop a fan pleding £1000 who ha sno intention of pledging?'"
You mean no intention of paying? Well, I'm sure that there is a built-in factor, and I'd bet it is an extremely small percentage. The number of wind-up merchants prepared to go to those lengths is, I'd bet, vanishingly small as a percentage.