Leucro said that his group had over 500 million shares. If that is the case, it could have been his group selling off (or some other group / groups who also had shares of that magnitude), or a combination of some group and individual investor selling. I'm not saying who or what did anything, but when single groups have that amount of volume, it could offer other reasons for why so many shares were sold other than dilution (which is not happening here). Everyone is quick to call out "dilution" as an excuse.
EVERYTHING I POST IS STRICTLY IN MY OPINION - PLEASE DO YOUR OWN DD