So, you're saying that an OS of 150M is the same as the prior OS of 1.7M because the market cap is still the same?
There's a small problem with that math. In order for an investor to have the same % of the company, he would have had to increase his holdings proportionately, in this case by about 8800%.
It can be spun any way ones likes, but I have a hard time believing that I haven't been diluted when I have to buy 88x my holdings to just tread water. That's like trying to tread water while being loaded down with bricks...