Leonite is converting their .001 warrants and taking an 50-80% loss on them or converting the .005 loan/warrants and selling for a 25x loss. OR the offering is still going until the qualify date of 8/16 and they are continuing to add. These are the only 3 options for the OS going up. Makes no sense, directly after they spent a year accumulating the offering, but no one else can make that kind of volume except Leonite. So they are either dumping to themselves to get a better entry than .001 on the offering shares or completely unloading those positions for capital/ a reason retail isnt privy to yet. OTC in a nutshell, and as always.. very risky. Either way 99% of ILST is bagged, it cant get much worse.