It’s not KBM. KBM will get their shares in a few weeks and start unloading then. That’s when the real pain will start. Now it looks like JSJ are unloading.
This recent drop matches the JSJ’s first note being converted last week. See below. Right now JSJ is the only player making money on selling SLNN below a penny. Not even Weiner and friends are making money at these levels. They must have got 7 million shares at $0.0075. So of course they are looking to unload that before the KBM notes mature and start putting even more pressure on the stock.
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