Well Kroooo, you just summed this all up in a nutshell. These acquisitions and debt re-negotiating were basically done with the issuance of new shares; which we as investors, who believe in this story and potential, are paying off.
Sure, this dilution increases the OS and can have a negative impact on the PPS (just look at what VNDM is currently doing).
But, if things work out by generating rising revenue quarter-over-quarter, then that will be reflected in a PPS which will finally leave the sub-pennyland to pennyland and multiple penniesland .... and still cheap enough for the company to possibly buyback & retire some shares as both a "thank you" to shareholders and in improving the SS. And when that happens --- the trip to Hangover Island will be upon us faster than we think!