Where is the problem? they've sold 3c shares that got paid at 4c...

Where is the problem? they've sold 3c shares that got paid at 4c 'cos they threw in a 5c option. The detail is in the ann. & the 3B. The raise was $2,500,000 plus payment. Incompetence? for a buy one get one free? If I still held I'd have more issue with how the raise was spent. The majority of which is going to Atlanta for a 2 tonne stockpile of dried algae waiting for processing from a 50t/a facility that's waiting while said facility is upgraded to 300t/a. Where if any is the income from the other 48t if it was produced?
IF the focus of the company is turning to MM why the big spend in Atlanta?