Because it makes the company not current, which means that debt holders can't meet one of the conditions of Rule 144 to legally dump their converted shares. Plus it had been basing at .0010-12 for a good while. So we saw VNDM dump whatever shares he had left from before 11/30 for a day or two, then he left, they released the PR, and boom, from .0010 to .0075 in two days