Well, after the "Springing Option" PR, where Paul told us all the show was over, he "acquired" a nonexistant company for 770 million shares. Later I saw in those emails you posted that he paid Simon $6,000 to invent one.
That's when the tens of millions began going by and the stock went subpenny as EVEN bashed and bashed 24/7.
The market at that time was the COVER TRADES for the short. They were all sucked up as fast as Paul pumped them out.