I have received a few response to questions I sent to the ebay auctioners. Believe what you want:

I do appreciate the email and your concern. Yes indeed I will be making a significant contribution to his foundation once the auctions have been completed. I have been a fan and a supporter of his even before his cancer diagnosis, and his survival is an inspiration not only to myself but everyone else as well. I'm very happy that I'm in a position to donate such an amount, because without these auctions I wouldn't be.
I donated A large sum of money to the LAF over 6 thousand dollars, these bracelets were given to me in return, So I am selling them and donating half of whatI get back
Only the first dollar is going directly to the foundation but all of the sales are benefiting those of us who are unable to work in normal job settings. For instance, I am typing this email while lying in bed. My computer is set up on the other half of my bed due to my disabilities.
And my favorite:

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I guess they had no idea what the LAF is!