This is just a wave of exit trading from MMEX-scam, as individuals who were duped into "investing" in MMEX-scam make their way out with a tiny fraction of what remains of their initial "investment," rather than nothing.
As the stream of toxic lending, and related dilution continues, coupled to MMEX-scam non-accomplishment, the MMEX-scam cycle of lather-rinse-repeat will continue until eventually there are no more marks. So long as Mad J. is able to demonstrate to his loan sharks that sufficient marks exist, the cycle will continue. MMEX-scam pumps that allow the PPS, spread, and volume to increase sufficiently to provide an exit to the loan sharks are all that's necessary.
Mad J. sweetens the deal with periodic S-3 piggyback registrations that eliminate the 144 holding period, showing his loan sharks gratitude by handing them freely trading shares - never mind that existing retail "investors" who paid full price are crammed down, and crushed out of existence. Mad J., one smart scammer...
It appears he panic sell has just about (for the most part) concluded...imo $MMEX
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