They will raise the AS unless their plan is a small 4:1 RS. Would get the share price to .04 which is Ontario's conversion price and frees up enought room in the share structure to give them 51%. Just a wild theory.
Does it matter though? Not a crushing amount of shares. What matters is that they get over the hump and have 51% owners that have the money to get their marketing and sales going bringing in revenue and eventually earnings.