Rhine, RCCH and other non-registered public company can't just issue shares to the public. The shares have to issued to a third party, that deposits them in their account and sells them.
They obviously do not do this for free. These financiers, such as gendarme, fairhills, asher, etc. all look at the volume and price of an equity. Then they go usually 50% of the share price, or in cases with low trading volume, 60-65%.
The above are facts.
IMO, if RCCH did not issue such a significant amount of shares, maybe nothing would have happened or just a simple chill.
