I think that this was some of the big (not 5% big) investors cashing out because Barry needs them to buy through private placement again. Not a bad racket, IMO< buy at .001, hold for 6 months, sell at .004 and then rebuy at .001 again.
This unfortunately, IMO, is how Baltia has been funding their operations at the expense of dilution and its shareholders. Over the past 25 years, they have raised over $100 MILLION and still are not certified, that is beyond ridiculous and speaks volumes of the ineptitude of management. Think about it, they have had over $100 MILLION to get this done and have not succeeded yet.
