Bang! You hit the nail on the head mikkx when you said this "From what i understand much documentation exists proving interest from shareholders for the pp who never received the time of day. Correct me if i am wrong. "
Common sense may perhaps be present sufficiently in a small child to perceive and ask the question; "mommy, why would a struggling company not allow its existing shareholders to help fund the company, it doesn,t make sense ?"
So then, if a grown up, in trying to answer that question after giving some thought, may rationalize by saying "for some reason, the company doesn,t want or need money".