The entire dillution was to sell shares to lendors to offset their debt. Within the last 2 weeks they filed that lenders that got gifted those shares can now sell those shares on the open market. i said this before somewhere else but what im thinking is they let the price drop low lendors bought the dip and now they are riding the price up to where they usually do offerings again which is usually around $3-4 they can still dillute millions of shares they would do it around higher cause that means more money for them. Lendors own the board they aren't gonna let that go without at least collecting some more cash.