That board member claims to have added on the pull back on November 28th, low for the day $0.0074, high was $0.0118. My guess is that they are among the many who held on and averaged down into the masses between $0.002 and $0.003 and are holding heavy. You can bet that the future conversions will keep it below that range as to not compete with the selling of those needing and exit.
For proof of that, " Stocks drop in price just before they head north" Another stock I'm in went down to .0077 & now back up to .03 up 25% today. $CEO$. BEGI will follow soon. Don't get caught out of the stock. Make up some of your losses.