The problem is that this is the exact move ABCE pulled at the end of 2016. The RS happened, they never obtained uplist status, they lost the financing, and were stuck with a $150k note to Blackridge. Only thing different this time, is the $5 million is with a different company. Once again, they are giving a $150k note.
So if history repeats itself, then all shareholders will be screwed again. Even if they don't lose the financing (and it be a total loss like last time), then it is still up in the air what the effect will be on current shareholders).