LOL now that's a good question.
Since my original thoughts have been completely wrong. And I've been wondering the same thing for 2 weeks. Where's the BEEF !
Why aren't the VCs taking profits and driving atypical OTC game? I recall one of the two funding deals had a 15% of the daily traded volume restriction. I think the 51 mil share one. But I've been checking time & sale many afternoons looking for above little guy trade size to see when they would start. But haven't see it. 15 mil ADVolume would allow 2.25 mil traded daily by them @ 15%. Break that up to 10 well timed trades during the day and one would expect to see 10 225k bid or asks close. Which isn't happening.
I really have no idea where they are. But there are many things involved in getting a funding deal. Not excluding handshakes, unknown company disclosures, and promises. May be while negotiating in FEB & APR the underlying huge China deal odds for closing were much more then just maybe. And to get the needed NOW funding management disclosed 10 cents was what the big future held. And the much smaller VCs are waiting for the pot of gold at the end of the rainbow everyone else if waiting for.
At any rate; that would be a great way to look at NO VC sell now. Long & strong will be rewarded after the second trench of the China deal closes. And both management & insiders know that will happen, not just expect it. Because the VCs became insiders when their funding negotiations took place.