Absolutely there is nothing worse than a reverse split, as increase was inevitable imo. Only thing that's curious is the timing, it could be that they need to expand either very quickly to fill a national retailer or are doing the necessary steps to receive funding from a third party. But doing so with an a/s of 700 mill would scare everyone, they would need to increase the a/s first. We are fine because even if there are lenders being issued shares they will be restricted imo. Leaves us time for a big run!
Watch closely is all I can say, whether the increase was justifiable or flat out scheming is something we will be able to tell trust me my opinion is they are looking forward