That is because you don't understand the concept of weighted average cost of capitol. Debt weighs on a company's balance sheet as does equity. Once the company bought Monster (for example) for $50mil and Monster could not produce revenue to pay the debt, the value of our shares dropped considerably. When the cost of debt increased exponentially, it was wise to convert it to equity which was a cheaper route, even though it decreased our percentage of ownership, it removed a debt that would have crushed us. The damage was done, but you and Olives only looked at the OS. OS can easily be fixed with a RS or other methods. Not being able to service your debt puts companies out of business.
Here, HMBL eliminated over $58mil in debt and our stock price didn't proportionally take the hit. That was phenomenal. Even Hopefull caught onto that, but not you nor olives.