A Writer's Dilemma - How would YOU do it?

After posting yesterday about my abysmal failure to resub my stories, I sat down today, determined to get at least one of them back out.  I chose a story, chose a market, and began the process of making sure I was following all of the editor's preferences in my submission.  When I got to modifying my cover letter, I paused.  For the last few months, my cover letter has stated that my fiction "will appear in 'A Glitch in the Continuum,'" but that statement is no longer true.  I spent a good deal of time trying to decide what's the best way to say that I was supposed to have another credit but the deal fell through.  I only have two credits so far, so each one counts!

(On that note, I've already heard from the editor of Glitch that another publisher is interested in taking the anthology, though at a reduced rate of pay.  There are no details yet as to what publisher or what the rate of pay would be, so I still don't know if it's a deal I'm willing to accept.  More on that when I know.)

At any rate, I wound up saying "I was supposed to appear in "A Glitch in the Continuum" as well, but the press ran out of money."  I'm still not sure if that's the best way to put it, but I really needed to get at least one submission done.

What do you all think?  How would you include something like this in your cover letters?