I don't think shares are just handed over to MM'S like you say-they would more likely be convertible debentures- I think what we are probably seeing actually is just some normal trading/ flipping at this time.
Next Filings might give us a little more info on dilution.
As of December 15, 2016, the Company has 3,778,005,709 shares
As of October 15, 2015, the Company had 3,563,106,209 shares of its common stock, par value $0.00001 per share, issued and outstanding
As of June 8, 2015, the Company had 4,702,630,209 shares of its common stock, par value $0.00001 per share, issued and outstanding.
On a brighter note- TCA might actually have some pretty good motivation to bring this deal back to a better place- (getting repaid) How good can they make this deal for shareholders is the question that needs to be answered and shown.
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