Could be, but the problem I see with this theory is that the dumping didn't begin until VIRT+OTCN successfully drove us under.10 (without actually selling). Once under .10, OTCN began dumping/selling, which makes no sense. Why not sell for an additional .04-.05 per share?
I personally believe theres a lot of transfers going on, while at the same time trying to shake retail for as much as they can. However, if it wasn't pre-arranged at a specific pps, OTCN would've been selling in .10-.13 range, which they didn't. Anyway, just a thought, because nothing else makes much sense.