The “more shares” comment is a misnomer....it is actually the exercise of options, or warrants (100k) that were already known, but not tradable because they were unexercised. These options and warrants have expiry dates so need to be exercised before that time.
So, I don’t believe there was any innuendo implied...just stating that someone has exercised their right to options or warrants. Generally, it is a good thing as those purchasing would not be buying if they thought the stock was going to languish (although just about all the warrants are in the money, not so for some of the options, mostly the executive).
I believe that is correct, but encourage others to clarify if not.
HTH