The lower the price is, then the more shares they receive. But to pull it down, they need to disseminate BAD NEWS and even LIES, and waste shares shorting it the way down.
Given a certain price level, there would be buying pressure and they would have too spend to many shares to squash the PPS down.
So, there is a Pivot Point, somewhere.
In this case, I believe that when they increased the A/S to 200M, last year, and set up all the CD's and Warrants strategy, they already had in their minds how many shares were going to come out, and who was going to have ownership of how many % shares each.
Within 1 year, they will have financed the company with $3M in CD's, and $5M+ through Warrants, and the PPS will be above the PPS of last year and the company will have grown by many multiples. And those who financed through the CD's and Warrants will have their $3M recovered, and maybe even a bonus.
That's how it works when CD's are Non-Toxic, but forming part of a large insider financing strategy. Remember that our CEO is a rich man.
$0.75 by Christmas is my bet! We'll see what happens, though.
imho.