The OS isn't that bad here..lol..... It takes $$ to make $$$ and as long as they are using it to grow the company and it achieves more than the investment, its can be a good thing.
If you are afraid of dilution, what are you doing trading/investing in penny stocks? lol... These companies go public for the SOLE reason of raising $$ via equity. They ALL dilute.
I fear dilution when its lining pockets... Its not as bad when its growing revenue and helping a solid business plan evolve.
Sometimes being uncivilized, can feel sooo civilized (June 2009 vacation)...