.04-.044 is the price of financing before the split. That is what ETNL stated. So this stock should have not gone below .04 after the split. Many times ETNL said this stock is undervalued and the company that financed ETNL must also feel .04 was a good low price to pay.
So who dropped the price? It sure wasn't the financier who's holding the shares at .04-.044 purchased price.