The R/S is a very real possibility here, especially now that volume has completely died off. There is just no interest here anymore. Shareholders have wised up and don’t trust this company anymore. Your theory would make sense if there was volume suggesting loading of shares. If we saw heavy volume suggesting accumulation, all while R/S rumors swirled on the board, I would agree with you.
Unfortunately, I just don’t see anything substantial here to bring any sort of interest. It’s a company with a wine app that isn’t ready or patented and can not be downloaded. They have no money or funding, so they diluted the hell out of this stock to pay the bills, and themselves in the process.