Problem being once agreed the funds should have be

Problem being once agreed the funds should have been released immediately. Had the PPS dropped to.30 these same investors would have balked or demanded better terms.Bottom line if you agree to terms it should not be finalized 60 days later. Things did change being the PPS and had these guys wanted the .60 their should have been no stall tactics. Poorly done make no mistake as it was hinging on a PPS on a deal in negotiations. This is why a real CFO would have been all over this like white on rice. Again the problem being everything was negotiated at the lowest PPS for the year. Thus it should have been announced immediately as it appears we were had. Kind of like management getting options on the stock at the lowesr PPS for the year whule loyal shareholders get screwed..