Had a conversation last November with Wil R. He said that...unfortunately.....hundreds of millions of shares were issued around .001-.002. He felt those were being sold by the early investors in SING. And with another 200 million shares issued in 2018, the overhang and profit taking just gets worse.
To give you an idea of the manipulation by MM's...just now on level 2, a buy of 1.4 million shares was immediately followed up with a sell of 2.6 million....immediately followed up by a buy of 775K.
That isn't short activity...those are pre-arranged sales by MM's with large inventories of SING shares.
5 million shares traded in first 30 minutes with ZERO news. Not shorts.
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