I would guess it's June, a note matured and was converted to stock.
If the note holder gets stock at a 45% discount from market, that would be $0.0055. They could sell at $0.007, get their investment back plus 15% or so and eliminate future risk.
Today could be the beginning of the end. The notes are all unsecured. The note holders have to sell their stock to get their investment back. There is no business going forward, so no reason for them to hang onto stock. The faster they sell, the faster the price will drop.
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