~2 billion * 0.05 (average pps) is 100 million dollars. That is how much the selling shares into this market since January as netted the debt holders and insiders.
That money has come from this board and went to them (also this board).
that is what you don't get... ~$100 million in equity was manufactured and TAKEN not given. Of course this is all hypothetical... there is no stock that went from 1.4 - 3.4 billion shares since January.