Excellent points. The story here is the technology and its applications, not two note holders' 2.9M shares. These are shareholders now, just like everyone else.
It's 2.9 million shares total, not 2.9 billion! The market can and will absorb those shares with ease, but honestly, I don't think the two holders are even considering selling anywhere in the single digit dollars.
I know one group in particular started alerting this ticker at .11. Plenty of time for folks who are not note holders to accumulate 1M+. I don't see any concern over those shares.
PPS will continue to rise as soon as all the doubt flushes itself out of the market. Nothing wrong with questioning what's going on, but this small handful of shares these folks hold are not a concern.
The smoking gun has been converted to battery power, it's nowhere to be found here!!!!