They've been saying that OTCBB thing for a long long time. Even if it isn't the company that is selling this week, they have in the past. They've given large blocks of shares to others who are now selling, IMO.
It's all dilution one way or another and now it has come back to bite them. Unfortunately, there are a lot of restricted shares out there that are probably reaching the end of their restriction.
Either way yesterday was a surprise. I was just ranting after seeing the price so low and then it drops 50% later in the day. OUch!
Still, an interesting one to follow. Hopefully it will go sub-sub penny soon and then it might be a real steal if the company still exists. Maybe I should call the TA and confirm your 'no dilution' story.
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