Maybe some shady snake oil salesman would do that, but it's hard to believe that a successful businessman with proven track record would do that kind of fraud. And how would he grow the company, stock markets are right place to raise some money and grow the business to the next level. And when the business success then biggest shareholders gets fatter too.
I would still like to think that there is a bigger plan and vision on the background how to develop this company. Its execution takes its own time, which can be a very frustrating for us, the shareholders.
Maybe after seven bad/lean years it's finally time for seven good/fat (fiscal) years.