Ex, I've explained this as best I understand it twice before. I'll see if I can find the post. Suffice to say, Ironridge had a reason to sell just about as many shares as they were able (which grew as the price dove) if they knew the price wouldn't rise on them, and then keep a final amount. I think you can find the filing describing the algorithm in the mid late 2011 period. The window they had for their shenanigans closed long ago. I think it was an awful deal for Ants who might have been banking on a sale to reverse the market price and keep Ironridge conservative. There's no telling what Ironridge did. They may have sold tons through their "window" and they may have sold little. They probably hold shares. We'll only know when the filings come out, but it's possible they dumped at 3 cents. If I remember correctly, for the 2nd, larger dollar amount the price was around 10 cents when they started and below 2 cent when some people who kinda kept track guessed their selling window closed. The date is in the filing so the beginning price could easily be found, not that it matters at this point. I don't believe they got their money back by what they were theoretically able to sell through that "window" even if aggressive, so my bet is they're still holding, but wouldn't bet much on that.