Irreversible? Assuming the company is raising funds by selling shares, it's not always a bad thing. Don't get me wrong, nobody likes to see it, but if it adds to the bottom line and increases shareholder value, it's nod a bad thing.
Even if OS were maxed out at 200M, the current market cap is 1.9M for a company generating $2.4M in yearly revenues, at minimum, and showing strong growth. With the potential acquisition, the yearly revenues will be upwards of $5.2M.
Any way you slice it, the company is deeply undervalued.
I still believe it is dillution but hope I am wrong or at least it stops before damage is irreversable!