While I understand where you are coming from, this is not possible. PPS is VERY important for any company that does not have revenue or a positive net income. Share offerings are a very large part of the process. If you need to raise $50 million it's much better to do it with a 25 million share offering than a 100 million share offering.
Shares outstanding is directly correlated to the PPS. The PPS needs to be monitored and addressed to ensure long term value! You're correct that market cap will take care of itself but for all shareholders(including Punit, institutions, retail investors, etc.) it's very important to keep the share's outstanding to a minimum.
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