Read the 8K. The first two tranches of toxic deathspiral financing cash ($200K, $100K) are without such conditions.
Toxic financiers that are "accredited investors" almost always start converting/dumping immediately after the deal (April 17th) to lock-in their profits on the steeply-discounted shares they get. The evidence of the huge ask blocks makes me think they are dumping and will be dumping as fast as they can.
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