WRONG, read the filings again. It explicitly states the reason for the share issuance is the acquisition of Umbra companies. Omfg what a bad attempt at excusing this.
How is this company not dead man? Amazon was never restocked. No new products. Just the same stupid socks. Same vague BS from scumbra once a year in shareholder letter.
Same "it's coming in 6 months" bullcrap. Guess what. It's NEVER coming.