Something important for all long-time longs to be aware of:
The reason why these EFFing crooks haven't been able to drive NNLX to $0.0001 (like they do to most pink sheets that they successfully drive to failure) is because the CEO has been very disciplined in not succumbing to taking on toxic financing requiring multiple splits of stock and issuing billions of freely tradable shares. Given the best outlook to date, who of us long-time longs wouldn't pick up shares at some point along the crooks' drive to 0.0001? Note that 140m shares at 0.0001 is just $14k.
This may explain the counter-intuitive trend of thinning volume as the stock price drops. Naked short selling without covering for an extended period of time is illegal, but these manipulators are used to getting away with their criminal activities since their victims don't have the means to pursue them during the crime and after their financial death.
With Nanologix, these crooks are unable to overwhelm long investors with and endless stream of naked short selling because the number of shares necessary to tank the stock (to anywhere near 0.0001) relative to shares outstanding would make their strategy too obvious -- perhaps even too obvious for the SEC to ignore? Thus, they do what they've done with their "smart" shorting strategy to put a drag on demand and to try to keep potential investors at bay.