So much for no more dilution. Alex Umbra, CEO flat out lied. He also lied about the buyback in 2 years. So until we hear about those. Prob gonna bleed. He can write all the fancy letters in the world. People don't care cause they don't trust him right now.
Market makers would never coordinate with a a company to pull money out of the market on behalf of a company for several reasons one of which is they could careless about any one company (only their pockets) second they would be shut down quickly because it breaks several regulations and laws.
The company did a 3a10, paid debt and the crediting firm that paid the debt is getting their money back. Its not complicated and there are no conspiracies here. Many companies do this but in the case of UATG it is a problem because of share structure, the pps and being on the pinks.