This is definitely a HUGE improvement in the situation. I'm so relieved.
Thank you, Plank, for finally explaining the situation properly. It sounds like you really didn't expect a disaster of this magnitude to happen, and I think that's been the most major (legitimate) concern the community at large has had. It really would've been a good idea to make that post weeks ago, though. But what's done is done.
JV, you really did an awesome thing organizing this thread! I seriously think you should make an exception for Armada in your call for players to turn over money that's already been donated to them on an individual basis, though. His attendance at the tournament was--and will be, at future tournaments--contingent upon him being able to afford the cost of his flights, which were undoubtedly much costlier than any other prizewinner's. Also, he is in actual debt now because, not knowing any better, he banked on that prize money when he had a friend pay for the cost of his travel to his next major U.S. tournament.