The entire premise of your long rant is that these new investors are in it for the long haul. What proof do you have of that? Maybe it's the same vultures bs but they simply have to wait a few days until the shares are available under a revised shelf. How do you know they aren't going to pillage and dump this down to new all time lows as soon as they can? It is a totally baseless hypothesis that this isn't more of the same toxic dilution, except with a slight delay.
In reality the float argument is bogus too. You don't think Cognate will sell? Are you familiar with their previous sales?