Technically "In excess" of 125M. So that's the start. Now that the price PPS has drop from around ~0.29 pre R/S to ~0.03 now l can imagine it going to be much more. That's why l loaded up as it dropped the more it drops the bigger the gain the more epic the short squeeze, the higher the MOMO afterwards.
In this case the more damage done to share price the more they will sue. I can imagine a lot of investors that didnt double down on the drop actually lost money but this could be about timing the trade to make money.
It's also a good reason why NEWL could be quiet and allowing the PPS to go down without a fight. It's not like them to do nothing. IR is the only one in question over the latest spat of dilutions and drop in share price, since NEWL diluted enough to pay salaries, and a bit later for the Marc J. Ross.
Now that we are in grey's shorting and strangely volume has instantly dried up. Everyone money is now tied up. So now we wait.
These actions are not of a mad man, but someone is orchestrated something ingenious. This maybe a great lotto play we can talk about when we look back and say l remember l was of that.
Keep patient nearly everyone is down 50% - 90% so there not much to lose and too much to gain
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