Well, there could be a number of reasons why they did it. One could be to raise capital, which would mean they would have to sell those shares into the market. On the more optimistic side, you could say they were going to use those shares to acquire another company or piece of land, etc, and would make the shares restricted to whomever they bought from.
With the company now having the ability to dilute up to 3 billion shares, it has become too risky for me. The one positive thing they had always had was a good share structure. Now I feel that is gone. I know the shares are not in the float, but how hard would it be for them to get them in there now that the AS is 3 billion?
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