It was pretty obvious that the dilution was continuing with all the shares being traded at such a low price.
If it was retail traders, they would either be taking a big loss or have given up after holding for the better part of a year when they bought in cheaper.
Thanks for the update.
Every time one finds what they think is a jewel in the pile of manure called the penny stock market, the management suddenly pops up out of the stinky pile to tell you that what you're holding is just a dried up t*rd and crumbles it in a million pieces in your hand to prove it.