I think this is the end of the end and a few people know it. This company and its crooked leaders released over 1 billion shares into the float over the last 18 months to pay their inflated salaries for doing absolutely nothing but putting out fraudulent LOIs and defaulting on payment to Commanche.
I'm guessing a lot of the over 2billion in outstanding shares were convertibles sold to investors also used to finance those salaries. Its very possible that those owners of the convertibles now know the end is here and sold as much as possible to get whatever few bucks they could get out of this turd.
The fact that the huge volume yesterday happened within a couple of hours suggests that it was a targeted event by a small number of large shareholders.
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