and to clarify, as i said in my post, imo debt was the primary reason for the increase in OS, but not the only one. dean himself loaned money to the company, plus they have made major purchases and needed cash for options on targets. then there's payroll for a growing staff, lawyers' fees for these definitive agreements they've just signed. it adds up.
Regarding old debt I cant say that this is common but I did experience the same thing with another stock. This particular stock is one of the most transparent Companies I have owned and they came across the same problem. The difference was that they were able to pay it down relatively quick with minimal impact on the overall share structure. That company was FTCH.