What is the point of all these pre-sales when in the meantime...

What is the point of all these pre-sales when in the meantime the directors have diluted the living daylights out of everyone...absolute legends..look at the history since August 2004 when it listed at 20 cents. In three years they are now patting themselves on the back when they are now issuing stock at 10 cents (with a 1:2 OPTION) and have cratered the stock with an oh so clever rights issue... fantastic effort guys.. bozos . The only winners remain those who have no real skin in the game and add zero going forward apart from ongoing rape and pillage.
The clock is ticking.................