This is whats going on from my point of view. SPZI puts out a PR stating the they are undergoing an audit of their financials which is due a month out; this makes current investors hold their shares during that timeframe. The anxious shareholders awaiting the outcome hold while the company sells/ dilutes into their stong hands. Finally, after the SP took a major beating, the results of the audit finally come out which arn't so steller, tanks the SP to new low levels. Typical pinkie tactic.
If the results of audit are going to be steller the company would not be selling they would be buying right now....trickle out agreement or not.
this is only my opinion.
db