Some large holders apparently didn't see the 10 Billion A/S coming (hard to miss with the A/S maxed out and 5 billion votes just given away, but whatevs).
$.0002s buy from the the toxicans now as they have 8.75 billion shares they can dilute.
Here's the really scary part. The 8.75 BILLION new shares WON'T take out all the CURRENT toxic debt. At the average price the toxicans pay for the shares of $.000055, it provides less than $500k in debt relief. Meanwhile, as of June they owed over $750k in principal plus over $100k in interest.
Only the large holders, desperate to try and create a run, will buy at any price now. It's dead money until they do a reverse split and that probably will come with the excuse of "maintaining the QB status", which they'll abandon anyway.
Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson