Bdtyktl

My question is. Should I disengage with a recruiter, which I gave permission to present me to a hiring company, and go directly to the hiring company?

Thirty four days ago, I was approached by a recruiter, who I had previous communications with (but had never placed me), about a position which they felt I was suited to.
The recruiter advised me of the salary range which I was happy with so I sent the recruiter my CV and they agreed that I would be a very suitable candidate for the role.
A couple of days later, the recruiter informed me that there were now issues within HR of the hiring company and to wait out.

I received another call a couple of days after the previous call stating that the salary that the hiring company is offering had dropped by 25% to just below what I am currently being paid! I explained my position and stated that I am willing to negotiate salary but that was too big a drop. I was told that they would get back to me shortly.

Over the next couple of weeks I received another call from the same recruiter, stating that the problem with the position lies in the fact that they are not the contracted recruiter to the hiring company but were approached directly by the hiring manager as he/she had not found a suitable candidate yet. I've not been given a completely straight answer as to what is happening in the background so I'm concerned that the job opporunity may pass-by and I will lose out.

To summarise. Company A normally deals with Recruiter A for their positions in this city but I was contacted by Recruiter B offering me a position with Company A. Recruiter B appears to be attempting to setup some sort of contract with Company A and in the mean time, I hang in the lurch. All of this started over a month ago!