I doubt its dilution, but if you had 100M shares wouldnt you market sell them to crash the PPS, and they try to scoop up more on the cheap? I saw a 21M bid at .0045 earlier...
Figure someone unloaded 100M today at open over .01 and bought back 100M at an average of .0075 in the afternoon.
Penny Stock Analyst,not licensed, but may as well be...