Just a hunch, but I think this reverse pissed off Armistice.
Still relentless amounts of selling and down 20-25% on day 1...with volume on a split-adjusted basis at roughly 75k and growing.
They are the only ones (non-insider) with position sizes big enough to continue to offer post-split. Considering their warrants are now at $16.80/share...they are unlikely to see that money, ever. So, just spewing their shares at the bid to get whatever they can on the original investment is my hunch.
PS- Dahl's candy for his milly "bridge loan" is at $17.46. LOL. Clusterf....
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