Even with his supposed 8, he lost his arse if he sold today. Whats more is there were willing buyers and yet the price lowered.
If the O/S today was 230 M as suggested, then aproximately 20% of the O/S changed hands....... i don't accept this as a true O/S. Its more than that. Must be. The price should have at a minimum ran sideways.
Your opening down monday by 25% when those divis get distributed. IMO, it's going lower, i think you will really see some panic selling then. I believe the MM's will rack up if it moves into the 70M volume. Then they will resell those same shares at .005 or so assuming there is no dilution.
Only my opionions