I agree that the prospect of dilution to fund another acquisition, after only being listed for several months and trading at 1/4 of their listing price is an incredibly stupid idea. If they'll make $1.5m EBITDA this year as claimed, wait until they do so, then if the acquisition still makes sense, look into with a share price 2-4 times higher than it is today.
Another announcement clarifying no further acquisitions until they've bedded down the current one would further stem the bleeding.
EN1 Price at posting:
6.3¢ Sentiment: Hold Disclosure: Not Held