Chill folks - IF there was a buyout happening, or IF they knew the 10-Q was not going to be good, or IF there was a JV imminent - AND they issued themselves many many more shares for back pay due, WITHOUT disclosing material events, then they would be in jail in a heartbeat for trading on insider information. I am willing to assume that this was a good time to issue the shares that they ARE OWED, that they are going to hold the shares, and all that in anticipation of a rise in the PPS.