They do not have the wood deal in place, the deal was with Rich Corp. and the wood ended up being funded by ACDU until the head guy had a stroke. It all seems up in the air now. Read ACDU's 8-K advising that another company issued a fluff press release overstating the amount of wood.
The part about them trying to get the price down, that's a possibility, but why not just print more shares. I think it is to start the clock on shareholder lawsuits since there's 2 years from the time you should have known.