They didn't "buy at 25". NetCapital has not paid a cent to Pervasip.
And $150K is only 1% of Pervasip current debt, and corresponds roughly to the monthly interest payments they have failed to pay for so long.
So, shareholders are getting all excited because their company is making its interest payments with shares instead of dollars. Is the share value being increased by that dilution ?
Apparently, for you it's a yes. I beg to differ. Heck, I just differ.