No. The AS increasing is definitely bad, not good at all! But both the OTC tier upgrading and "Active" Nevada status are surely good! Also the new business direction is very good since the so-called gold-mining business cost too much money which is usually unaffordable for a no-positive-book-value and no-positive-income company like SAGD...
The Updated SS of SAGD: 449M shares public float in which only 428M shares are held by all the non-insider investors, 1.449B shares OS in which 1B shares are the restricted, and 3B shares AS.