Honestly, an R/S should have been anticipated. I'm not sure why it's hard to see that dilution will follow the R/S. That is the reason for the R/S isn't it? They need to pump up the cash value of the new authorized shares. Once the cash value is pumped up, those shares will enter the O/S to finalize the aquisitions. So, the dilution after the R/S should be anticipated.
Are the aquisitions a good thing? I haven't seen one yet that was. As for the last part, I agree. You've done all you can do. If you choose to stick it out throught the R/S and dilution, then so be it and good luck.
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