This is a standard practice with many companies and is insignificant because it's nothing more than insurance in the case of extreme difficulty paying ones debt. You may have seen where rather than blowing estimates out of the water more than they did, they paid down debt.
Share dilution is concerning. Issuance of the 100 mil shares will keep price from spiking, but might be necessary to finance continued growth. Would feel better if the outstanding shares number was double what it currently is. I'm long the HOV...but it may be a struggle for awhile to get over some major humps in price. What I DON'T want to see is a reverse split aka BZH or C .....death to price. Sentiments?
I've read the documents they filed and all I can tell is that they are raising the number of shares from 200 million to 400 million. Can't tell if that is a stock split or new issuance. If it's a new issuance to raise capital, I cannot find the amount hoped to raise. Also there is no indication of when this takes place. Any info you can provide would be appreciated.