As long as they are using the funds to make new acquisitions, it is a benefit to shareholders, imo. This is how a corporation undergoes the sort of rapid expansion we are seeing here. 100% legit!
Float is what counts anyway regardless of OS...and the SS is really good anyway, so minor dilution won't matter much...SIRC is growing rapidly and uplisting, once the uplist occurs, many more investors are able to buy in...