Well, if the company is currently valued at $2 Million and I am going to invest $1.5 million, then why not simply buy up the existing shares and own the company for $2 or $3 million?
It could take the remaining authorized shares to get it done, IMO.
That's about what, 13M? According to Yahoo Fiance, the stock has market volume of 616K shares traded daily, with a current PPS of around .22. That's a good amount of volume, but will likely still take a while to get it done.