How do you know that they sold at a loss. 30 million was issued in July and 15 million was issued on August 8. So, the OS increased by 30 million in July and another 15 million on August 8. We also learned that it went up by another 5 million leaving the OS at 550 million on August 31. Between August 1 and August 31, over 140 million shares were traded. If we assume that the 50 million diluted shares entered the market, there were another 90 million shares traded as well. It looks to me that day traders and the MMs had a bigger impact in brute forcing the stock down than dilution.
"During July 2017 the Company issued 30,372,528 common shares to third party creditors for a debt conversion.
On August 8, 2017, the Company issued 15,000,000 common shares to a third party creditor for a debt conversion."
