We've had this conversation on here over and over. Even some of the skeptics admit financiers don't stick around. I believe one poster said "they never fall in love with a stock." If they got their shares for sub-pennies and are selling for pennies it's still profit. And by the way I don't think the sellers know anything more than we do about Rusty results.
It all depends on the price on which they were issued the shares, and we don't know this detail. Financiers aren't invested in fundamentals, if they can turn any profit by selling shares they will, they obviously don't want to crush the stock, but there will definitely be downward selling pressure until they've unloaded.