i think the magic number is closer to 80 million...here's why:
on january 26, 80 million shares took SKGO from .0006 to .0012 on 90 minutes or so on news that the financing was secured. then there was a huge amount shorted (40 some million if i remember correctly)
today volume was almost 97 million, and according to finra, just under 17 million was shorted...