there are tens of millions of freely trading common shares that were obtained in financings at $0.33, $0.50, $0.75 and $0.90 through the years....as investors finally realize that no matter how big the revenues of scam company WTER are, they will NEVER be able to make a profit...never...
My guess is this is just the former CEO, Steve Nikolas, selling shares to pay his bills. No one else with a big stake is able to freely sell the type of volume we saw today. I'm still very bullish and happily picking up more on these dips. Would still be nice to get some good news out to prevent these types of days, but it's all part of the game.