The CEO has an option I think expiring end of next month to buy 760K shares. If he does it at this low suppressed price he did this on purpose.. I don't think I have ever seen a CEO work against the PPS as hard as this one.
Maybe this. It's so strange how that offer was done did Greg put that in place to create shares to give an out for a big institution short here before they start going to run this hard with Phase III IMC-1 and Phase II IMC-2. Strange offer to drop at an all time low in share price and almost seems like this whole scenario was the perfect setup for shorts to exit if this is a negotiated buyout or big partnership about to drop. Made all the shares needed at .20 for a huge, short exodus before a possible share price explosion. One thing I know is the whole thing stinks as this was trading great last year above $2 and its like the rug got pulled on us and CEO did everything a big short institution would ever want. just a possible scenario we are witnessing