no no no !!!, page-9

I was wondering whether anyone could provide some insight into Resolution No 2 to be voted on at the General Meeting to be held 19 Sept at the Hyatt.
Resolution No 1 is a ratification of the 136,925,200 shares issued to date under the 3B's.
But Resolution No 2 is for the approval to issue another 150,000,000 Ord share at 80% of the average Market price over 5 consecutive trading days, at some future date, to some yet unidentified parties.
It seems to me that is a lot of shares yet to be issued over and above those already issued under the 3B's, and could have a substantial impact to the share price.
The funds raised are to be used for general working capital.