Several possibilities
1.) The fins are not what people anticipate them to be and they need to dump as much shares as possible to get whatever funds they can. The way they have run this company and the way they do business, I would not put it past them to have someone post how great the financials are and then turn around to screw you over. Hence the delays in this all wonderful "to the moon" 10K. (and now Q).
2.) It was a scam from the beginning. They chose to screw everyone over from the beginning and got lucky with a pump to $2 and then it slowly dwindled. Notice since May 1, the daily average volume is ever increasing. This includes one day where the volume was 700,000 - basically 1/3 of the OS and this should have been skyrocketing. But no- not here, it was all dilution.
3.) T/C just don't give a crap. They will gladly take the shareholders money and run --- no matter how low it goes.
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