No, the company is not selling shares. Companies are not allowed to trade in their own shares. Good grief, where do this ideas come from. Who has the shares? The people whose job it is to buy and sell...commonly known as mm's. For example, NITE is Etrade's buyer/seller, among others.
Go to OTCMarkets, Market, brokers, and look at how many trades per day:
Nite, today:
KCG Americas LLC..NITE..76,998,820 (Dollars)...3,259,563,417 (Shares)..21790 (Trades)
Yes, NITE, Etrade's primary MM made 21,790 TRADES just TODAY. They moved over 3 billion shares JUST TODAY.
News 
Market Data 
Discover 
