Yes, I do understand that the float is increasing by hundreds of millions of shares over the next couple of months, and what effect that will have on the PPS. Nobody who understands how bad this situation is would own the stock at this point. Even if one likes the stock, why own it if one can sell it and buy it back later for a small percentage of its current price? I assure you, the insiders feel no such generosity toward retail stockbuyers. They will sell and accept their windfall profits at the first opportunity.
A license will not improve FITX's liquidity. They'll still be broke, and it will be a long time, if ever, before they sell enough pot to have any money to buy any of their stock back. If they do, it will become more expensive. Bill diluted billions of shares at .001. He's not going to pay a nickel to buy them back, even if he has the money to do it. That ship has sailed. It's just something "Bill says" to help himself and his buddies to get a better price for the stock they're selling. That's what everybody in the stock-selling industry does, and it should come as no surprise to anyone.