Well the following trades make it appear that way
$0.0013 786,400 OTO 16:07:42
$0.0013 1,750,000 OTO 13:44:24
Now the odd part is I do not believe the company is allowed to sell shares during the 15 calendar days following an NT filing.
If it is dilution, its through a prearranged transaction with a third party. An investment house being instructed to sell for funding so its not actually SNEY doing it.
Only time will tell though. Someone should really consider contacting the TA and getting the OS.