WLAN has several problems. The current one about WiFidelity is a case in point. Of course it's self dealing and in any event as Peabody already "gifted" 95 million shares apiece to his sidekicks Robert Buck & Sean - presumably to act as sales agents for him, they are not "affiliates" and therefore not subject to ANY sale restrictions in a few weeks.
The only way to fix this "busted" stock is a very stiff reverse split, new capital, competent management and SALES. IMO