well said.I do not see the support level holding.This is going to be at a penny soon at the rate of selling that is taking place.Its just of bunch of shares hitting the market in my opinion.
I do not beleive these people anymore after Friday.Plan and simple.If you like to gamble you are on the right stock.Remember at a casino they win alot more then players do.
After thinking this out and seeing the selling today it tells me someone is dumping big time.Now only one has this number of shares which is the company.
Big key here is the CMF has been negative since the first "buyout" PR on March 30th. You'll also notice that Mid-Feb is when they let their buddies in on the game (money flowing into the cheap shares .00x). The PRs have been churned out just to keep the price up while PGYC/co-conspirators continue to sell. I'm assuming there is also manipulation going on to keep up the share price. Like the .042 paint at EoD.
There is little chance that DeSantis ever received the shares he is purported to be selling. Even if he did, PGYC's own PR stated that the shares he received were restricted:
"In the many discussions and correspondence with Mr. De Santis, it was never a question of Tectane shareholders but rather himself personally and how much more shares he could obtain and even requested his shares be registered free trading and this request was denied and we believe this is the main cause for the disagreement"