That was my first reaction, but he's put in writing in no uncertain terms that he hasn't sold a share. That's the sort of thing the SEC would be interested in if he's lying.
The second most obvious choice, and the current favorite, is that lots of people had GTC's set for .0003 and forgot to close them out after the PR. Most of our MOMO was sucked up getting through this bunch.
Issuing 140 million shares, even if not sold into the float, didn't help any. Another PR right now would get this train going again.
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