Apparently just the rumor of share buy backs was enough to coax this up since Friday but it was surely manipulated. The company has been converting billions of shares in the trips for months so it makes little sense to now borrow and buy back above $0.001 while they have a regulation A offering eligible to convert at $0.001 and more than $1 million in other convertibles eligible at a 25% discount to market. 🤔 Not sure how they manipulated it up with this kind of share structure that consolidated at $0.009 or why more didn't take gains or exercise a little capital preservation. With all the activity though this mornings OS update shows no increase or decrease. Those conversions aren't going away and the business is seriously cash flow negative. Some retail managed to profit but on balance we will see heavy losses added to what has already been. Millions going into the coffers of these debt holders is coming out of retail accounts. This is a zero sum game, no way around it. Selling short should be as easy and cheap as normal trading. I would have sold the he77 out of this short yesterday. 😆
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