The share issuance was repayment of a loan that is now paid off! Part of that loan was repaid with shares at various price points that were at a discount to the market price at the time!
The average price paid for those ~98M shares was $.0022, so why should any objective investor focus on just the absolute lowest price that shares were issued at?
Someone very much in the know bought almost 100M shares at an average price very close to where we are currently at...
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