Something doesn't smell right if true because it would then appear Barclays got the price just high enough to give their buddies a nice 10% return on the warrants for about 4 mos investment... of course it could definitely be FUD but it seems 400K of shares bought within 5 minutes it a VERY RARE occurence.
I still think it possible the sale could be for a portion of strategic/blocking patents to a consortium with the company still staying in business.