"....And why is it that the only investor who bought those cheapy shares is Mr. Dart? What happened to other potential investors? Why didn't a single person pony up some cash for those new shares? Nobody else in the entire world is still playing the game with Don? Not one other person worldwide? Really?...."
Uh, you were offered shares at a buck and declined to buy any.
You should count your blessings. If the financing had gone through brokers, a pile of warrants would likely have been included in the deal.