why all the new issues?

Greetings HC people!
Just cancelled a buy order on seeing another 100M shares for USA listing and 50M for directors and favoured people. This is 1 day after 38.1M are approved and listed on ASX. Why does the company need to issue so many more shares? Sure I read the management speak about "working capital" and incentives but didn't they know about that requirement when they did the 38.1M share cash raising 1 day earlier.
I feel management has a good product and smart move here to go to USA but wondered if a HC poster familiar with listing in the US could help me to understand the reaction over there to share price, market cap, shares on issue etc and how MKB might sit in that market.
My gut feeling is the large increase in shares issued for a company that hasn't generated anything substantial yet may have damaged "the brand". Any thorts?
Cheers
Bardot