Their email:
Dear Backers and Supporters,
To promote Blawesome to the world has been an extraordinary exciting adventure. Unfortunately, we did not reach the minimum amount needed to proceed with production.
Some backers asked us why we marked such a high target, but for us was clear from the beginning: the target set was the minimum possible to deliver a product with the same quality standards of any top watersports brand.
We got an excellent reception of the product, invaluable feedback and product improvement ideas, support from the 6 continents and a singular but important figure: 80% of the backers came to Blawesome from external sources other than Kickstarter, what is an indirect measure of the market interest.
Nonetheless, even when it was not possible on Kickstarter, we do not give up. We are gathering investors and we will give Blawesome a serious try: you will definitely see Blawesome at the beaches in 2017. We will use a Kickstarter update to connect with all of you. We ask you for a couple of months to put all in place, and before November ends we will share our plans and release dates firstly with all of our Backers.
Girls, Guys, you all are awesome. Our most sincere thank you!
Enjoy a nice weekend
Carmen and Jaime (from a tiny Caravan in front of the beach waiting for tomorrow's waves..

)
PS: for those new on Kickstarter, you might want to have a look on this link for your tranquility:
help.kickstarter.com/hc/en-us ... #BackAProj
Look for question "When is my card charged?"
The key point here is: as the project did not succeeded: You will not be charged any amount. Thank you.