Someone with 17 million shares can't simply sell them, if he was an awesome/patient trader he possibly could have sold them all for .10ish, and we would have never hit .20 in that run. There wasn't a large amount of volume until the .2 day and the day after. However he could have sold a few million though without a big effect. I was under the impression that most if not all shares were bought via private placement (.02).