Stocks with 500 mil in the float do not trade down to .0002. Forget this private placement nonsense and concentrate on the heavy dilution. Wang is dumping newly printed shares directly into the public float. I don't know why there is any doubt at this point. Look at the pps. Wang has locked in investors with his constant declining pps due to massive dilution. STOA will trade at .0001. Look at how far down it came already.
Buy .0002, dump .0003. Buy .0001, dump .0002. <-- Smartest thing that STOA shareholders can do to play Wang's game