Why did National Solar Power only raise $300,000 of a $3,700,000 offering in May, 2011, and why did the company execs want to pocket $1,000,000?

"National Solar Power Partners, LLC, based in MELBOURNE, FL, raises $300,000

13. Offering and Sales Amounts


Total Offering Amount.............$3700000

Total Amount Sold...................$300000

Total Remaining to be Sold.......$3400000


16. Use of Proceeds

Provide the amount of the gross proceeds of the offering
that has been or is proposed to be used for payments to any of the persons
required to be named as executive officers, directors or promoters...

$1000000"

http://secwatch.com/national-solar-power-partners-llc/d/form-d/2011/5/31/8874689/filing

If the company had trouble raising $3.7 million,

where are they going to get $1.4 billion?