Two things...

1. It is unacceptable to delay important documentation... BitBay may be lost to you because of this and there is almost nothing you can do about it unless you can show some form of document being post dated prior to the other parties applications being sent in.

2. It is ENTIRLY unacceptable to give the PROGRAMMER access and charge of the ENTIRE cash base for a startup. If you wanted to keep your idea and be in charge... you have the responsibility of reigning in the participants by overseeing funding and payments. Allotting shares to a participant also REQUIRES a NDA stating they are unable to solicit money for said shares until a certain milestone is reached.

Huge F ups... and there is nothing that can be done to fix them.