Clowesia seedling

[malteseproverb]

I recently received a Clowesia Grace Dunn 'Chadds Ford' that I bought from Ooi Leng Sun Orchids. It didn't say it wasn't blooming size on the listing so I was surprised to get a very small plant with 2 small back bulbs a couple inches in size, and it was also putting out two new growths with leaves. The leaves immediately all fell off upon unwrapping it. It was packed in soggy sphagnum in a ziploc baggy and that gave me pause. But I figured that the new (now dead) growths were small enough that it might have the energy to put out yet more new growth if I left the plant in dry sphagnum. I checked the plant after a few days and now I'm finding that the larger of the back bulbs is mushy and the latest root growth is white with mold.

Do I just dump this plant and take it as a $25 loss or is there some way to save it? I also received a bulbo medusae from the same seller that looks to be on its last legs, but I'm more confident with bulbo care that I think I can save it.