SP,
Don't think I've ever met you. BUT i do know what line of work you are in and it's Cut throat to the Bone! You offered the guys a good deal and the other guy came back w/ a full blown panic offer that he will not be able to maintain w/o going into the big red. Stick w/ the guys that choose to come w/ you in this endeavor. reward them when you can and let the chips fall where they may.
If there are any that you really want that are thinking of taking his offer . Lay it out for them and tell them that your offer is a one time deal. If they choose to take the big money offer Good luck.
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