Moscotto's group was the one funding GNBT when Anna was CEO. They would give them money and would recieve a Major discount of shares in return. The lending group had no restrictions on how long before the could sell those shares.
GNBT would come out with news. Mostly pending acquisitions or new promising drug studies. The stock would run hard, the lending group would sell and crash the run. Within a month or 2 they would say the acquisitions or drug studies didn't work out and they would start over
Or come out with a RS without dropping the AS and start over.