If tomorrow am. everyone that sold today re-bought their shares this stock would go to .07 cents..I am buying as much as much as I can under .0043..always follow the $$$$ & IRIS has it.
You do realize that IRIS is not the majority shareholder as of today (they probably dont even own any shares right now). Once the purchase of the company is made by Sitoa by giving IRIS shares, then they become the majority shareholder. So to me your theory is flawed and doesn't make sense.
Now if IRIS was actually a majority shareholder right now, then yes they would be buying more.