Low market cap affordable with a low float one we can overwhelm and maintain control. It had to be one faltering to be motavated to make a move like this. Like buying an ugly house you have a motavated seller.
You are missing the main reason for this move. It is not share price but rather to wipe out all the shorted naked shares. Naked shares do not have a cusip number so when conversion takes place they become worthless. With thess gone the share price will rise to its true market value.
News 
Market Data 
Discover 
