Thats easy..Derek and Salwa will get those shares AFTER the reverse split.
Say they do a 10 to 1 RS at .50 that is $5 x 17 million = $85,000,000
That is a lot of money. Now it makes sense as to why they are selling all their common shares.
They have >17 million to keep after the reverse split.
All the while banking >$250,000 a day and growing.
Since they do not use any of their own money to operate or buy an asset --> they just dilute the PPS.
or they give away as many shares as possible for anyone dumb enough to give them cash.
They are filthy rich off all of our hard earned money. They will not even throw a piece a scrap our way.
They increase the share count as far as they can--> then sell as many shares possible before-> during--> and after any news or event.
Thats is why after all the "big events" that have come and past the 18 months,,,,,,, the PPS = .199
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