What is happening here is the classic, picture-perfect backside of a pump and dump! They moved 351,000 shares at $2.50 - $2.85 with massive investor relations campaign... and now the IR stops and there's no buying. Kind of like musical chairs. I wonder when the SEC enforcement will begin. Complaints must be flooding in.
Oh yea... they're also probably letting the prics free fall so that when they price the deal to acquire the CEO's Mommie's very troubled company (looks like $15,000,000 in stock up front for a flea infested dog), they can transfer a huge amount of shares! Nothing like keeping it all in the family!
Do you think the Feds will let them do their time together? Probably not... Mom's charges will probably include many, many counts of Medicare fraud. Her trial will take longer!
Again... all of the above is IMHO.