Lost faith or dirty games? I can only see two scenarios driving this action: A) Shareholder(s) decided to bail and not risk waiting for the financing (or not getting it) or B) Financing prospects themsleves selling it down to arrange for the most attractive terms. I've seen that happen many times prior to a private placement. IF "B" is what is going on the bad news is we suffer through it and take a heavier dilutive hit. The good news is, we're getting funded.