If I was a corporate Insider in a publicly traded company, I would agree with you that an S1 is very beneficial to the company itself. Performing a capital raise typically occurs at a discount to wherever the shares are trading publicly. As insiders and management, we don't really care too much about the price point where we raise capital in as much as focusing on the goal of raising the amount of money we need. Unfortunately, common stockholders beg to differ because during this process of dilution, legacy shareholders stock prices obviously decline