1,070,000 is not a ton of shares, roughly $400K. That sell would not constitute "dilution" since we trade at 4X that daily on average. Aside from that, I hope the Breakout board doesn't overheat this too quick. This should be a long play with the hopes of Nasdaq listing this year. I think of Gamestop and the damage traders have done to that reputation.
5-10% per day...this helps create strong LONG holders and screws the MM's