One thing particularly interesting since the 2022 RS was the fact that with each announcement of offering the price of the stock would immediately drop 50% or so. That's before such an offering was even closed. Before new shares hit market. Then, because of the exact mechanism I described in my last post the price would be naked shorted another 50% post offering. So if the price was at 50 cents on announcement of a forthcoming offering, offering price then occurred at .25, and then closed out at 12.5ish post offering. There it stood for awhile until the next halving at 4.7 cents. No negative news was released by the company to justify these drops, it just dropped because it could. However it did this repeatedly showcasing a pattern which shows purpose/collusion/manipulation. The one major anomaly was when the stock was trading in the 8-9 dollar range and the offering was announced, for some reason at 5.6. Look at the trading history. The stock price hit a high of $12.14 in the 3 trading days before the offering price was announced at 5.6. Then the next day the price halved the previous days low to the low 3's. Funds naked shorted into that offering from as high as 12.14. SEC needs to investigate the trading that has occurred in regards to SINT and the short & distorting thats gone on via social media.
Correlating Short/Naked Short data with each offering should show something interesting. For whatever reason funds that buy the offerings mainly use naked short method to convert their preferred/warrants. So they naked short above the price of the offering and fill that naked share via converting their preferred/warrants. In part this is done to prevent from exceeding the ownership maximum requirements. Still why cant the price increase to better reflect Sintx IPs value and then convert? For some reason, all funds seem to only naked short and convert.
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