While that's possible, I don't think that's likely. After reviewing the trades for today, I only see three large sell orders (between ~20,000 and 30,000). By my count, only 6 of the 58 individuals listed on the Notice of Proposed Issuance own less than 30,000 shares at the $0.20 PP. Mind you, that's assuming they were sold all at once. I think it's more likely that the swing traders who bought in over the past week have grown impatient and are now backing out; We did fail to crack $0.42 yesterday and we weren't showing signs of doing it today either.
Unfortunately for us, penny stocks aren't traditionally an investor's market, i.e., they are controlled by the short sighted. If we have any hope of taking off, Vinergy needs to "show us the money". They've been holding off on news releases for about 2 months now (I don't consider the MJ biopharma closing announcement "news" [it was self-evident]), they must surely have something big waiting. Regardless of our performance over the past few months, Vinergy has proven proficient in their ability to market themselves (they are very strategic), and there are too many people with reputations at stake to let this ship sink.