I've just posed the question below in what is known as the "Bear Corner" over on the Ambassadors site, where all the hard questions are supposed to be asked. I'll post what I get as a response.
"Another question - almost 36 million shares were sold in Q1 for proceeds of nearly $3.6 million at a flat $.10 per share. I had thought that the company could sell them into the market directly at the then-existing market price, which at any time throughout the first quarter would have been considerably higher than that. Why were all the sales made at a flat $.10 per share?"
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