Management is shorting the stockCFO and CEO are shorting the stock. They have probably made at least 8M$ by doing so.
Why, because first they are the only ones who know when and where to use the huge cash position. So, think about it, someones else wont take the risk of shorting a 40 cents per share company with huge cash position.
Second, the CEO and the CFO are not buying any shares at even 39 cents per share because they it is going lower and lowe probably to 20 cents.
to be honest you, that was the biggest mistake to trust this stupid company manipulated by management and Mafias...
I will sell at the first opportunity...Sorry everyone, we all lost huge amount of money but I am not selling less than 1$ per share even if it goes bankrupt....
An investigation is required since it doesnt make sence a company goes to zero when they have that much production and cash...