They owe us nothing other than what they commit to in a public PR. Plain and simple. They aren’t forcing anything. We are being impatient wanting quick money. That’s our fault, not theirs. Gifa doesn’t merge into a shell with the goal of making the existing holders rich. If anything, they probably want our shares so they can have full ownership and a greater stockpile of stock to raise capital for projects like GifaLand or to buy aircraft if awarded national carrier status.
Market makers create markets. They are allowed to naked short to make the market. My belief is every 10000 share block on the L2 is the market makers doing their job. If there is no volume, sell a few shares on the bid, wait, and repeat until you trigger a price point that creates movement or liquidity regardless of where that price point is. I think the larger blocks are retail selling that likely picked up this stock in the .02 - .06 range that wanted a relatively quick flip and don’t want dead money, but also want to maximize profit.
Remember, this reverse merger still officially has no value. They didn’t force us to buy at the levels we did. Our speculation and raw emotion did that.
Everything is opinion or speculation until stated as fact in official documentation.