Net-Man.....the way I see it, the new shares will be necessary mainly to satisfy the option shares as required by Cal and Brian's contracts.....and provide option shares for new employees, going forward.
There may also be some future business possibilities that Brian foresees that would require instant capital, that could be satisfied by a share issuance vs. taking on debt.
Otherwise, I think ongoing operations and current/long-term debt will be relatiely quickly handled by the profitability growth, as you indicated.