I've been thinking the same thing about kickbacks being a likely scenario. I.e. potential of noteholders and management being friends and this just being a means of diluting to share the money. That way they can keep saying "we've sold no shares" while doubling the share count over the course of the past year, so that others can sell them. Just a supposition of course.
As for the people that say but why would they sell? The answer is because 1,000-2,000%+ gains aren'
t bad at all. They're definitely faring better even selling at this price, than any individual share holder. This company operates almost entirely in the shadows and only emerges to send out the timely un-verified revenue growth report and press release to dilute into, and the bi-monthly tweet of some sort of meeting, to give the perception of a business being run.
I'm starting to wonder if maybe the reason that the biggest non revenue related news was the creation of a cardboard box because literally in that time, they actually only had created a cardboard box.
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