Whiteburg's 60% owner has no money, Dave. The 60% owner is JLP & Partners. In March 2011 that company issued a private placement to raise $6.6m from investors. That private placement failed.
UBRG got 40% for $2.5m. But $2m of that is to be delivered in shares.
There is no way that JLP & Partners could fund the Whitesburg operation. That is why production could not start until cash had been received from Rainco (on behalf of UBRG).
Bottom line: JLP & Partners could not carry the start-up costs, and they did not do so.