Wednesday, November 23, 2011

Clarification on DX0DX Refunds

Last month, we reported that all donations made to the now-cancelled DX0DX expedition to the Spratly Islands would be refunded in full. This was not entirely accurate. In an e-mail to CQ in response to questions raised by readers, team leader Chris Dimitrijevic, VK3FY, explained that "(t)he extremely high cost of this DXpedition will mean that the team will receive refunds that will amount to less than what was contributed." He said the plan was for all DX0DX assets to be sold, with the proceeds being disbursed as either partial or full refunds. Individual donors were to receive 100% refunds, he said, with club and foundation sponsors being reimbursed for 80% of their donations. The remaining funds were to be divided among team members to help reimburse their major investments in the planned trip, which was cancelled due to safety concerns.