They are more likely selling because they know something we don't. They know all these trials will continue to be drug out forever and as that happens the potential amount paid to investors will continue to drop.
Here is the share counts for you
Sept 2022 - Shares 1,986,997,863, Warrants to Emil 1,325,327,575 = Total 3,312,325,438
Mar 2023 - Shares 2,381,367,863, Warrants to Emil 1,588,372,365 = Total 3,969,740,228
Mar 2024 - Shares 3,169,442,847, Warrants to Emil 2,114,018,379 = Total 5,283,461,226
Increase in 6 months ended Mar 23 = 657,414,790
Increase in 12 months ended Mar 24 = 1,313,720,998
At this rate I would guess by the time they have an actual settlement if it happens the share count will be well north of the 8 million shares authorized currently.
By Mar 25 the share count will likely be at least 6.5M shares.
Currently the shares are issued at $.005 a share. As the share count increases they will move the price to something closer to $.0025 a share. They will be forced to lower the issue price. As that happens the increase in shares will escalate much faster.
I think it is likely there will be 10-15M shares prior to any settlement and maybe more.
That is why is makes sense for them to sell.
Barbara had gifted or purchased at low price 322.6 million shares. She currently sits at 86M. So she has sold or was forced to give back 237M shares. She is selling around a million shares a week. At the rate she is selling she will have no shares in 2025.
I think another red flag is every year Barbara has been allowed to purchase additional shares. In 22 she bought 30M shares at $.005 and in 23 she bought 20M at the same price. In 2024 we are in June and no purchases made by Babs.
All these force me to think the trial will either slide or end with a pathetic settlement of a $1 - $25 million. Dreams of At a maximum that would be $.005 a share with a settlement of $25M.
I will be happy to sell for $.05 a share. I really thought that might happen. Unfortunately insider sales are increasing and not stopping. Without insiders stopping there selling I expect the share price to remain in the $.01 - $.02 range. They are sending a terrible message. Personally I think they know enough about the upcoming trial that they should not be allowed to sell their shares.