Not really. This is a stock trading deal for Ironridge. As previously stated...even by RFMK and Ironridge, (SEC filing) Ironridge, from time to time, buys a block of shares directly from RFMK at a discount of about 50% of the current market pps. These are FREE-TRADING SHARES, and they sell them asap for a profit. The 4's have been reinbersment to a MM via a sale contract. Bet it is VNDM too. (don't have L3 to confirm, but some do around here)
For months there have been a lot of wash trading to keep up the volume and pps as best they can so they can sell into the market.
Cali, this is a pink stock. :-( Not fair, but legal.