Has any of the anti-dilutionists thought about the changing...

Has any of the anti-dilutionists thought about the changing enterprise value?
Every cash injection so far has been put to good use, e.g. buying Mothae is certainly adding to the company's assets without the old holders having to add a penny.
One may debate whether the new financiers get a higher share of the value added than the money they put in, but that's par for the course: It's more economical for the board to get the money needed from a single source than trying to persuade hundreds of small individuals to increase their exposure. Many holders may not want to.