Your math is way off. May want to review the filings again. The new investors bought in at a rate of .0103 per share - not only are those shares RESTRICTED, but it would make no sense to sell them at the current PPS. They must see the potential in the company to invest cash at a rate of 4 times the current going rate. IMO private investors are much more desirable than some of the toxic lenders you would find in most OTC tickers.