It very well could be. If it is...he is selling those shares at a much lower price than he acquired them. The 156 mil shares were priced at .0145. But I guess if you need some cash....sell...sell..sell..sell.
It really doesn’t matter who is selling....they have the right to do so.
All messages posted by me are just my opinion. They are in no way a suggestion to buy or sell any security. Please consult a licensed Financial Advisor for your investment advice.