The FTDs, if legitimate, were most likely initiated by Ionic Ventures LLC.
Ionic is able to buy shares at a discount. When a stock is in a death spiral (see LGIQ) it makes good business sense to short now and buy back later cheaper and at a discount. The FTDs will be "delivered" when Ionic purchases stock via the Prospectus.
You're witnessing firsthand another production of disgraced blogger Chris LaCoursiere, the worldwide leader.
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