DNAP needed money to operate, they were doing well raising that money until a group of traders deliberately and maliciously bid the price down until dilution became a necessity.
It was only then that they became vulnerable to shyster managers who saw a chance to make a few bucks but who had no expertise in the business DNAP was involved.
Dilution eventually drove DNAP into so-called death-spiral financing which no company however legitimate and well-meaning can survive.
You can believe all you want in your textbook, legalese descriptions of what you see here, but for all you defenders of the system, there are ten who've figured out ways to scam it.
I brook nothing which has occurred here commited by Gene Newton. I believe his own behavior has caused the dilution and .0001 pps we've seen here for months.
But traders when they act in concert can bring a legitimate company to its knees, after which they move on to their next victim.