I am not assuming that a RS will be a good thing for KGKG. My point is that you should not assume that it will be a bad thing. I stated that every shareholder should be wishing for the reasons this company would want to do it, which are to be uplisted and to have the company's stock available to institutional investors.
I have been on too many forums where the same ignorance is repeated. The majority of people don't read financial statements or annual reports. Or if they do, they do not understand them. This is evident here as well with the number of people saying that the company should not issue more shares, or that they should not do a RS, or that they should buyback shares. These are all ignorant comments that would not be made if you read and understand their reportings.
The point of issuing more shares is to raise money. Why would they want to issue more shares? Well, just look at their financial statements. It is not rocket science. Why can they not buyback shares? Again, look at the financial statements. What typically happens is that too many investors hear about a company that is cheap with a good product and they want to invest, hoping that they will make a lot of money but they do not educate themselves on what it takes to make wise investment decisions. Many people spend more time researching buying a new car than they do investing in companies.
Before I invest in a company, I review their financial statements, quarterly and annual reports, and the products. Once I have this information, I decide whether or not I want to take the risk in investing. I do not blame the company if things do not go my way. This company has been reporting every quarter that they intend to issue more shares to stay in business. So, if you invest in the company you cannot be mad at them for doing something that they have been repeatedly telling you that will do.