the 'increase' as you observe is from the transfer of the old 'robes' company to new mgt,....now if you were a holder in the old Vencor (and i was) then you might have had an issue with that.
The current OS and float since that time has been pretty much consistent....and now dropped the issued....a good sign.
Bingo you hit the nail on the head and have been saying that since the dilution began.
Its funny the company puts a PR out today saying they dont need to rely on diluting to fund them but turn around and dilute the same day. Lol. Wow VCOR has the nerve and drops over 22%.