Pharmathene, Inc. (f/k/a PIP)

[shotsky]

Anyone know about the new S3 that authorizes more shares worth up to $100,000,000?
PIP S3
Usually, an A/S is defined by total share count, but this just says an indeterminate number of shares with that value. It is called a 'shelf' offering. Definition: Shelf Offering Definition

Is this just part of the machinations to accomplish the merger? I know there is a reverse split planned, but this is the opposite, and happens afterwards.
Not quite sure what this one means, but would like to know. I sold all my PIP a while back, but might buy back in if it looks attractive.