I'm sure that S-1 is tied directly to heavy-duty investors for the IPO. No other reason for it, and they probably need to show a small OS and adequate price to gain their support.
Let's hope existing shareholders make the same connection and interpretation. The closing comment makes me think their on the right path, and the final lap.......
"We believe we have a specific goal and accordingly are taking the appropriate steps to insure maximum long-term value for all of the Company's Shareholders"
Don't Drink It, just Sip It....then move on to the next play