Fenian even though you and some others were right about dilution and the stock price going down, this is far from a prosecutable case. This is what pennies are for, to raise badly needed money, otherwise the market would not be here. High risk, high reward. Not everyone is going to make money in the markets, and someone who bought in the .00s[Like me] has no better case then someone buying now.
That's why the call it DD. Know one made you buy when you did, and the people who buy now are going to make a killing more than likely.
I will admit we were lead a little to believe things would be a little further along then they are now but you can't prosecute someone who thought things may have been further along then it actually happens.