Unfortunately this project hasn't been funded on time

Trying to get this theme up and running.

1) Created a project and set the date but when published received “Unfortunately this project hasn’t been funded on time” which is not the case.

I saw in the comment section on Envato to check the date in the setting, which I did and they appear fine. Please advise.

2) It appears there was an update to the theme since I purchased it last week and didn’t receive an email for it. Are they going out when you have a new update? I have the box checked to notify me.
Is there a video showing the steps for updating theme?

3) Is there anything in particular to be set up with the contact page as it’s not working properly. I didn’t see anything in the documentation.