i def grok your concern therein, but i don't think diprima is calling the shots on the shell, and, as ever, imo, the play here is the potential of the IPs and the probability of mark actually planning to film them.
the potential of the IPs seems obvious, yes?
so the key questions seem whether mark will succeed in filming and whether mark will RS/dilute heavily before hype about production runs the ticker higher.
that's precisely the calculus of my own stake here.
and personally, i def believe mark wants to film the projects. film production has been his personal passion long before he acquired MIKP shell. and from personal phone convos with mark a decade+ ago i do believe that passion is genuine.
and given _beyond white space_ completion and release, i do believe mark can get these films done.
leaving the question of dilution/RS.
as discussed before, i suspect mark would like to see some value from his 54m common shares (ie: subject to dilution/RS) before he does major dilution/RS again.
so i'm willing to take that gamble. especially from this level, at which MIKP only has a $1m market cap.
your mileage obviously varies, as it's welcome to do.