RE: update on OSC complaintYou are obviously a novice investor and therefore do not understand capital markets. If you are so concerned about dilution, then you have the right to sell your shares in the market. Your next course of action will be to vote your shares against the proposed transaction at the shareholder meeting. As a back up, this deal must receive regulatory approval to ensure that the TSE/OSC guidelines are followed.
Either way you do have a choice! You obviuosly have a high cost base or no money to buy at these levels. But you certainly have a choice as do the major shareholders, who will also be diluted, but have choosen to invest at $.80. And you can buy it for even less today.
So let me spare you the disappointment when the OSC gets back to you and says " TOO BAD".