You guys are ridiculously clueless. Today's activity is either MMs covering their shorts by buying from other MMs or people with cheap stock exiting their positions.
This is not dilution because there is only one note holder and he is restricted to selling only $10k per day or 20% of the volume. Please stop the BS, this exact same thing happened to SKLN last week when they announced their symbol change and MMs covered by driving the price way down.