This filing had nothing to do with the O/S. It simply increased the A/S. Granted, at the rate SCRC is printing new shares, it won't take long for the O/S to reach this new A/S level...
Many companies increase the A/S for these reasons. Unforunately, it is plainly evident that SCRC is not one of these companies. See my prior reply to Trueheart for a more detailed discussion on why. Nice try though!
On what plane of reality is SCRC currently making $500k/mo in revenues??? For all of 2013, SCRC's net revenues were only $556k for the entire year.
And even during the most recently-concluded month which included SCRC's new compounding mgmt fees, the 10K disclosed that SCRC only earned $125k for the 6-week period from mid-FEB thru end-of-MAR (4-wk run rate of $83k). And WRx only earned SCRC $40-$45k last month. There were no other meaningful sources of revenue for SCRC. Both compounding and WRx would need to QUADRUPLE their revenues in order for SCRC to hit the $500k plateau -- and this still wouldn't be enough to cover even their SG&A expenses (based upon 2013's SG&A run rates), let alone all the other expenses necessary to achieve positive earnings.
Are we really at the point of desperation where outright lies are being told in order to mislead potential investors?