I'm with you, zerosum. The selling for months has been only a tiny fraction of the total shares outstanding. This suggests that BIG HOLDERS are waiting for management to announce the next steps towards commercialization.
Why else would these MEGA-holders still be in this stock? There's never blind faith at work with large investor/shareholders. They always know whether or not the path forward is viable. Otherwise, they'd dump, especially at this time of the year. Just my opinion.
Merry Christmas to all you ZERO-philes out there!!!