Well, it looks like they are going to raise additional funds with the extra shares.
If they can justify how the funds will be used to increase their production, it should add value to the company.
However, if they're just going to use it for "administrative purposes" then they're not serious about growing the company, in my opinion.
I've spoken to the CEO a while back and I know he wants to grow the company because he invested millions of dollars of his own money - through his wife. (You can read everything in the recent 10-Q)
Anyway, I'm giving them until the end of this year to prove themselves. 2019 should be a make-or-break year.
If they make it, they should be reporting close to $100 million in revenues this year.
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