Okay, I see your point in this...
It's insurance if it doesn't get approved...
But I'll offer this as well...
Increasing offers two benefits. One, it allows the company to function (unfortunately we're not cash flow positive yet). Two, it allows the company more time pending the decision on Fluticare approval alleviating (at least for the short term) the risk of pulling a reverse split out of the blue.
That's the cup is half full theory anyway.
"Perfection is not attainable, but if we chase perfection we can catch
excellence." Vince Lombardi
Do your research! Play the TA. All posts are my opinion.