Readen Holding Corp. (RHCO)

[CoodBMoney]

Hamp, Just wondering if you know or have heard how this will play out?
Currently RHCO has 295 million shares authorized and 272,467,074 issued. Leaves about 22.5 million shares.
The $200 million CU Isotope powder acquisition, included a $95,512,125 convertible note that converts into RHCO common stock, at the note holder’s option, at a conversion rate of $1.00 per share. These 2 new acquisitions call for the issuance of 20 million shares (5 + 15) which will currently leave about 2.5 million shares "authorized". But these acquisitions also state RHCO commits to raise 25 million in "Euro" equity through private placement of RHCO restricted shares. That would be about $33.75 million in US dollars. There obviously has to be more shares authorized to meet these commitments. Any talk of how this will be accomplished? I assume since management holds majority interest they will just authorize more shares. While that would cause some dilution to current shareholders, hopefully the increase of assets will offset that dilution.